MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company's projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property. Juanicipio Property is located in the Fresnillo District, Zacatecas State, Mexico. The Juanicipio Property includes silver-gold-lead-zinc epithermal vein deposit. The Company owns the mineral concessions comprising the Cinco de Mayo Property. The Cinco de Mayo Property is located approximately 190 kilometers northwest of the city of Chihuahua, in northern Chihuahua State, Mexico, and covers approximately 25,110 hectares. The Company owns the Guigui project located in the Santa Eulalia Mining District of Chihuahua, Mexico. Guigui project consists of approximately 8,300 hectares.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: N/A
- Symbol: NYSE:MAG
- CUSIP: N/A
- Web: www.magsilver.com
- Market Cap: $1.04 billion
- Outstanding Shares: 80,796,000
- 50 Day Moving Avg: $12.94
- 200 Day Moving Avg: $13.23
- 52 Week Range: $9.50 - $18.12
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -427.33
- P/E Growth: 0.00
- Annual Revenue: N/A
- Price / Sales: N/A
- Book Value: $2.18 per share
- Price / Book: 5.88
- EBIDTA: ($6,980,000.00)
- Return on Equity: -0.71%
- Return on Assets: -0.71%
- Average Volume: 454,512 shs.
- Short Ratio: 3.2
Frequently Asked Questions for MAG Silver Corp (NYSE:MAG)
What is MAG Silver Corp's stock symbol?
MAG Silver Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAG."
How were MAG Silver Corp's earnings last quarter?
MAG Silver Corp (NYSE:MAG) released its earnings results on Monday, August, 15th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.02. View MAG Silver Corp's Earnings History.
Where is MAG Silver Corp's stock going? Where will MAG Silver Corp's stock price be in 2017?
7 equities research analysts have issued 1-year price objectives for MAG Silver Corp's shares. Their forecasts range from $9.50 to $22.00. On average, they expect MAG Silver Corp's share price to reach $17.33 in the next year. View Analyst Ratings for MAG Silver Corp.
Are investors shorting MAG Silver Corp?
MAG Silver Corp saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,887,791 shares, a drop of 11.1% from the July 14th total of 2,124,575 shares. Based on an average daily trading volume, of 253,574 shares, the days-to-cover ratio is currently 7.4 days. Currently, 2.7% of the shares of the company are sold short.
Who are some of MAG Silver Corp's key competitors?
Some companies that are related to MAG Silver Corp include Allegheny Technologies Incorporated (ATI), New Gold (NGD), New Gold (NGD), Pretium Resources (PVG), McEwen Mining (MUX), Fortuna Silver Mines (FSM), Seabridge Gold (SA), SolGold plc (SOLG), Dorchester Minerals, L.P. (DMLP), Central Asia Metals Ltd (CAML), Gold Resource (GORO), Anglo Pacific Group plc (APF), Polymet Mining Corp (PLM), A-Mark Precious Metals (AMRK), Griffin Mining Ltd (GFM), Avino Silver and Gold Mines Ltd (ASM), Beowulf Mining plc (BEM) and Comstock Mining (LODE).
Who are MAG Silver Corp's key executives?
MAG Silver Corp's management team includes the folowing people:
- George N. Paspalas, President, Chief Executive Officer, Director
- Larry Taddei, Chief Financial Officer
- Michael J. Curlook, Vice President - Investor Relations and Communications
- Peter Kenneth McNeill Megaw Ph.D., Chief Exploration Officer
- Jody L. Harris, Corporate Secretary
- Jonathan A. Rubenstein, Non-Executive Independent Chairman of the Board
- Peter D. Barnes, Independent Director
- Richard Peter Clark, Independent Director
- Richard Mark Colterjohn, Independent Director
- Jill Leversage, Independent Director
Who owns MAG Silver Corp stock?
MAG Silver Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Tocqueville Asset Management L.P. (7.45%), Van ECK Associates Corp (5.07%), First Eagle Investment Management LLC (2.48%), Commonwealth Bank of Australia (2.43%), Sprott Inc. (1.53%) and Royal Bank of Canada (1.34%). View Institutional Ownership Trends for MAG Silver Corp.
Who sold MAG Silver Corp stock? Who is selling MAG Silver Corp stock?
MAG Silver Corp's stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, American Century Companies Inc., Tocqueville Asset Management L.P., Public Sector Pension investment Board, Global X Management Co. LLC, The Manufacturers Life Insurance Company , CIBC World Markets Inc. and CIBC Asset Management Inc. View Insider Buying and Selling for MAG Silver Corp.
Who bought MAG Silver Corp stock? Who is buying MAG Silver Corp stock?
MAG Silver Corp's stock was acquired by a variety of institutional investors in the last quarter, including Commonwealth Bank of Australia, Sprott Inc., Marshall Wace North America L.P., JPMorgan Chase & Co., Cubist Systematic Strategies LLC, Royal Bank of Canada, Goldman Sachs Group Inc. and Canada Pension Plan Investment Board. View Insider Buying and Selling for MAG Silver Corp.
How do I buy MAG Silver Corp stock?
Shares of MAG Silver Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MAG Silver Corp's stock price today?
MarketBeat Community Rating for MAG Silver Corp (NYSE MAG)MarketBeat's community ratings are surveys of what our community members think about MAG Silver Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of MAG Silver Corp stock can currently be purchased for approximately $12.82.
Consensus Ratings for MAG Silver Corp (NYSE:MAG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Buy Ratings, 2 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.29)|
|Consensus Price Target: ||$17.33 (35.21% upside)|
Analysts' Ratings History for MAG Silver Corp (NYSE:MAG)
(Data available from 8/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/21/2017||Roth Capital||Set Price Target||Buy||$22.00||Medium|
|5/26/2017||BMO Capital Markets||Upgrade||Market Perform -> Outperform||$18.00 -> $9.50||High|
|4/5/2017||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||Low|
|3/9/2017||Rodman & Renshaw||Reiterated Rating||Buy -> Buy||$20.00 -> $20.50||Low|
|3/1/2017||TD Securities||Upgrade||Hold -> Buy||N/A|
|12/22/2016||Citigroup Inc.||Upgrade||Outperform -> Strong-Buy||N/A|
|10/20/2016||Desjardins||Upgrade||Hold -> Buy||N/A|
|8/15/2016||Canaccord Genuity||Downgrade||Buy -> Hold||N/A|
Earnings History for MAG Silver Corp (NYSE:MAG)Earnings History by Quarter for MAG Silver Corp (NYSE MAG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/4/2015||Q215||$0.85||$0.87||$28.20 million||$28.30 million||View||Listen|
|3/12/2015||Q414||$0.65||$1.01||$25.20 million||$29.00 million||View||Listen|
|11/14/2014||Q3||$0.71||$0.88||$26.00 million||$29.60 million||View||Listen|
|5/15/2014||Q214||$0.37||$0.74||$27.00 million||$27.00 million||View||Listen|
|5/7/2014||Q1||$0.32||$0.36||$25.06 million||$24.11 million||View||Listen|
|3/12/2014||Q4||$0.40||$0.22||$29.69 million||$25.24 million||View||Listen|
|11/6/2013||Q313||$0.38||$26.86 million||$26.00 million||View||Listen|
|8/13/2013||Q2 2013||$0.35||$29.00 million||$27.00 million||View||Listen|
|5/8/2013||Q1 2013||$0.16||$28.73 million||$25.06 million||View||Listen|
|3/13/2013||Q4 2012||$0.25||$29.51 million||$29.69 million||View||Listen|
|11/7/2012||Q312||$0.51||$29.20 million||$26.90 million||View||N/A|
Earnings Estimates for MAG Silver Corp (NYSE:MAG)
Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $-0.03 EPS
Dividend History for MAG Silver Corp (NYSE:MAG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for MAG Silver Corp (NYSE:MAG)Insider Trades by Quarter for MAG Silver Corp (NYSE:MAG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/12/2014||Marty J Schwenner||CFO||Sell||4,507||$30.87||$139,131.09|| |
|9/11/2014||Scott S Cramer||VP||Sell||3,140||$31.33||$98,376.20|| |
|6/6/2014||Michael J Stauber||VP||Sell||2,096||$21.94||$45,986.24|| |
|6/3/2014||Peter M Mccormick||CEO||Sell||5,000||$21.60||$108,000.00|| |
|3/3/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||14,821||$23.90||$354,221.90|| |
|2/28/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||10,732||$24.53||$263,255.96|| |
|2/21/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||2,924||$24.54||$71,754.96|| |
|1/22/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||1,700||$24.84||$42,228.00|| |
|1/14/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||2,703||$24.75||$66,899.25|| |
|1/10/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||6,665||$24.85||$165,625.25|| |
|1/8/2014||Austin W & Greenhouse Da Marxe||Major Shareholder||Sell||1,959||$24.87||$48,720.33|| |
|5/17/2013||Austin W & Greenhouse Da Marxe||Major Shareholder||Buy||7,545||$13.63||$102,838.35|| |
|5/7/2013||Austin W & Greenhouse Da Marxe||Major Shareholder||Buy||5,504||$15.43||$84,926.72|| |
|4/30/2013||Austin W & Greenhouse Da Marxe||Major Shareholder||Buy||1,000||$15.61||$15,610.00|| |
|4/11/2013||Austin W & Greenhouse Da Marxe||Major Shareholder||Buy||7,341||$15.74||$115,547.34|| |
Headline Trends for MAG Silver Corp (NYSE:MAG)
Latest Headlines for MAG Silver Corp (NYSE:MAG)
MAG Silver Corp (MAG) Chart for Tuesday, August, 22, 2017