MAG Silver (MAG) Stock Price, News & Analysis

Company Overview

MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.

Key Stats

• Today's Range: C$33.70 to C$34.98
• 50-Day Range: C$34.38 to C$34.38
• 52-Week Range: C$15.89 to C$34.98
• Volume: 146,911 shs
• Average Volume: 281,816 shs
• Market Capitalization: C$3.56 billion
• P/E Ratio: 34.73
• Dividend Yield: 1.11%
• Price Target: C$31.70
• Consensus Rating: Hold

MAG Silver Stock Analysis - MarketRank™

MAG Silver scored higher than 32% 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

MAG Silver has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Downside Risk

MAG Silver has a consensus price target of C$31.70, representing about 7.8% downside from its current price of C$34.38.

Amount of Analyst Coverage

MAG Silver has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MAG Silver is 34.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of MAG Silver is 34.73, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.09.

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 5.75. 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: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MAG Silver pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of MAG Silver is 38.38%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: N/A

News Sentiment

MAG Silver has a news sentiment score of 0.67. 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 0.46 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MAG Silver this week, compared to 0 articles on an average week.

Search Interest

6 people have searched for MAG on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

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

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

Percentage Held by Institutions

40.81% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Silver
• Sub-Industry: N/A
• Current Symbol: TSE:MAG
• 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 Price Target for MAG Silver: C$31.70
• High Price Target: C$31.70
• Low Price Target: C$31.70
• Potential Upside/Downside: -7.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.99
• Trailing P/E Ratio: 34.73
• Forward P/E Ratio: 28.10
• P/E Growth: 0.84
• Net Income: C$52.35 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 10.18%
• Return on Assets: -1.86%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 44.26
• Quick Ratio: 25.31

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.65 per share
• Price / Cash Flow: 53.05
• Book Value: C$5.98 per share
• Price / Book: 5.75

Miscellaneous

• Outstanding Shares: 103,663,000
• Free Float: N/A
• Market Cap: C$3.56 billion
• Optionable: Not Optionable
• Beta: 1.12