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NYSEAMERICAN:MAG

MAG Silver (MAG) Stock Price, News & Analysis

MAG Silver logo
$16.63
+0.18 (+1.09%)
(As of 11:11 AM ET)

About MAG Silver Stock (NYSEAMERICAN:MAG)

Key Stats

Today's Range
$16.50
$16.87
50-Day Range
N/A
52-Week Range
$8.19
$18.27
Volume
100,859 shs
Average Volume
722,862 shs
Market Capitalization
$1.72 billion
P/E Ratio
28.67
Dividend Yield
N/A
Price Target
$17.88
Consensus Rating
Moderate Buy

Company Overview

MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.

MAG Silver Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
37th Percentile Overall Score

MAG MarketRank™: 

MAG Silver scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MAG Silver has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MAG Silver has only been the subject of 3 research reports in the past 90 days.

  • Read more about MAG Silver's stock forecast and price target.
  • Earnings Growth

    Earnings for MAG Silver are expected to grow by 15.49% in the coming year, from $0.71 to $0.82 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MAG Silver is 28.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MAG Silver is 28.67, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 115.97.

  • Price to Book Value per Share Ratio

    MAG Silver has a P/B Ratio of 3.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.84% of the float of MAG Silver has been sold short.
  • Short Interest Ratio / Days to Cover

    MAG Silver has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in MAG Silver has recently increased by 16.30%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MAG Silver does not currently pay a dividend.

  • Dividend Growth

    MAG Silver does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.84% of the float of MAG Silver has been sold short.
  • Short Interest Ratio / Days to Cover

    MAG Silver has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in MAG Silver has recently increased by 16.30%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    MAG Silver has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for MAG Silver this week, compared to 5 articles on an average week.
  • Search Interest

    Only 2 people have searched for MAG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added MAG Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MAG Silver insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 8.74% of the stock of MAG Silver is held by insiders.

  • Percentage Held by Institutions

    52.50% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MAG Silver's insider trading history.
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MAG Stock News Headlines

Raymond James Has Bullish Outlook for MAG Silver Q3 Earnings
10 EV Stocks to Buy Right Now
EV stocks are red hot. We’ve found TEN that we think will produce big wins for early investors. There’s no charge to view this report, so I urge everyone to check out the 10 stocks we’ve found as soon as possible.
MAG Silver (NYSEAMERICAN:MAG) Lifted to Hold at StockNews.com
Q3 Earnings Forecast for MAG Silver Issued By Roth Capital
MAG Silver FY2024 EPS Lifted by National Bank Financial
Roth Mkm Lowers MAG Silver (NYSEAMERICAN:MAG) to Neutral
Roth Capital Downgrades MAG Silver (NYSEAMERICAN:MAG) to Hold
See More Headlines

MAG Stock Analysis - Frequently Asked Questions

MAG Silver's stock was trading at $10.58 on January 1st, 2024. Since then, MAG stock has increased by 57.2% and is now trading at $16.63.
View the best growth stocks for 2024 here
.

MAG Silver Corp. (NYSEAMERICAN:MAG) issued its quarterly earnings data on Friday, August, 2nd. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.02.

MAG Silver's top institutional shareholders include Van ECK Associates Corp (9.91%), Intact Investment Management Inc. (0.25%), Allspring Global Investments Holdings LLC (0.17%) and Hollencrest Capital Management (0.14%).
View institutional ownership trends
.

Shares of MAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MAG Silver investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), First Majestic Silver (AG), Barrick Gold (GOLD), Avino Silver & Gold Mines (ASM) and Avino Silver & Gold Mines (ASM).

Company Calendar

Last Earnings
8/02/2024
Today
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
Precious Metals
Current Symbol
NYSEAMERICAN:MAG
CIK
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.88
High Stock Price Target
$20.50
Low Stock Price Target
$15.50
Potential Upside/Downside
+8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$48.66 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
$0.45 per share
Book Value
$4.92 per share

Miscellaneous

Free Float
94,232,000
Market Cap
$1.70 billion
Optionable
Not Optionable
Beta
1.12
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This page (NYSEAMERICAN:MAG) was last updated on 11/5/2024 by MarketBeat.com Staff
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