MAG Silver (MAG) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: C$21.50 to C$21.99
• 50-Day Range: C$16.23 to C$25.04
• 52-Week Range: C$11.15 to C$25.36
• Volume: 172,156 shs
• Average Volume: 223,356 shs
• Market Capitalization: C$2.24 billion
• P/E Ratio: 27.44
• Dividend Yield: N/A
• Price Target: C$25.01
• Consensus Rating: Moderate Buy

MAG Silver Stock Analysis - MarketRank™

MAG Silver scored higher than 53% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MAG Silver has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

MAG Silver has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MAG Silver is 27.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of MAG Silver is 27.44, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 113.41.

Price to Earnings Growth Ratio

MAG Silver has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

MAG Silver has a P/B Ratio of 4.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MAG.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MAG Silver does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MAG.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.16

News Sentiment

MAG Silver has a news sentiment score of 0.16. 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 lower news sentiment than the 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for MAG Silver this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for MAG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added MAG Silver to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, MAG Silver insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$18,137.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 0.96% of the stock of MAG Silver is held by insiders.

Percentage Held by Institutions

59.60% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MAG Stock Analysis - Frequently Asked Questions

How have MAG shares performed this year?

MAG Silver's stock was trading at C$13.79 at the beginning of the year. Since then, MAG shares have increased by 57.2% and is now trading at C$21.68.
View the best growth stocks for 2024 here.

How were MAG Silver's earnings last quarter?

MAG Silver Corp. (TSE:MAG) issued its earnings results on Tuesday, November, 12th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.02.

How do I buy shares of MAG Silver?

Shares of MAG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of MAG Silver own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MAG Silver investors own include Agnico Eagle Mines (AEM), Barrick Gold (GOLD), NVIDIA (NVDA), First Majestic Silver (AG), First Majestic Silver (FR), Alamos Gold (AGI) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/23/2024
• Next Earnings (Estimated): 3/18/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Silver
• Sub-Industry: N/A
• Current Symbol: TSE:MAG
• CUSIP: 55903Q104
• CIK: N/A
• Web: www.magsilver.com
• Phone: +1-604-364-1909
• Fax: N/A
• Employees: 11
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$25.01
• High Stock Price Target: C$27.10
• Low Stock Price Target: C$22.00
• Potential Upside/Downside: +15.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.79
• Trailing P/E Ratio: 27.44
• Forward P/E Ratio: 17.72
• P/E Growth: 0.84
• Net Income: C$61.06 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 11.88%
• Return on Assets: -1.86%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 28.03
• Quick Ratio: 25.31

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.41 per share
• Price / Cash Flow: 53.05
• Book Value: C$5.30 per share
• Price / Book: 4.09

Miscellaneous

• Outstanding Shares: 103,180,000
• Free Float: N/A
• Market Cap: C$2.24 billion
• Optionable: Not Optionable
• Beta: 1.14