MAG Silver Corp. J (MAG.TO) revealed a profit for its full year that increased from last year but missed the Street estimates.
The company's earnings came in at $77.779 million, or $0.75 per share. This compares with $48.659 million, or $0.47 per share, last year.
Analysts on average had expected the company to earn $0.79 per share. Analysts' estimates typically exclude special items.
MAG Silver Corp. J earnings at a glance (GAAP) :
-Earnings: $77.779 Mln. vs. $48.659 Mln. last year.-EPS: $0.75 vs. $0.47 last year.
MAG has declared an inaugural fixed dividend of $0.02 per share and an additional cash flow-linked dividend of $0.16 per share for a total dividend of $0.18 per share payable on April 21 to shareholders on record as of April 4.
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