U.S. markets close in 3 hours 5 minutes

MAG Silver: 1Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ MAG Silver Corp. (MAG) on Friday reported a loss of $14.9 million in its first quarter.

The Vancouver, British Columbia-based company said it had a loss of 17 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

MAG Silver shares have climbed 5% since the beginning of the year. In the final minutes of trading on Friday, shares hit $12.46, an increase of 32% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAG at https://www.zacks.com/ap/MAG