NYSEAMERICAN:MAG MAG Silver (MAG) Stock Forecast, Price & News $9.98 -0.39 (-3.76%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$9.90▼$10.2250-Day Range N/A52-Week Range$9.89▼$17.02Volume584,058 shsAverage Volume717,327 shsMarket Capitalization$1.03 billionP/E Ratio32.19Dividend YieldN/APrice Target$23.54 ProfileProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesOptions ChainShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesOptions ChainShort InterestSocial Media MAG Silver MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside135.9% Upside$23.54 Price TargetShort InterestHealthy2.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth85.51%From $0.69 to $1.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.47 out of 5 stars 3.4 Analyst's Opinion Consensus RatingMAG Silver has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.54, MAG Silver has a forecasted upside of 135.9% from its current price of $9.98.Amount of Analyst CoverageMAG Silver has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.62% of the float of MAG Silver has been sold short.Short Interest Ratio / Days to CoverMAG Silver has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MAG Silver has recently decreased by 7.95%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMAG Silver does not currently pay a dividend.Dividend GrowthMAG Silver does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MAG. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 3 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 FollowsOnly 1 people have added MAG Silver to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MAG Silver insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.74% of the stock of MAG Silver is held by insiders.Percentage Held by Institutions42.80% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for MAG Silver are expected to grow by 85.51% in the coming year, from $0.69 to $1.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MAG Silver is 32.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.89.Price to Earnings Ratio vs. SectorThe P/E ratio of MAG Silver is 32.19, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.13.Price to Book Value per Share RatioMAG Silver has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MAG Silver (NYSEAMERICAN:MAG) StockMAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, copper, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.Read More MAG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MAG Stock News HeadlinesSeptember 18, 2023 | finance.yahoo.comMAG Silver Publishes Second Annual Sustainability ReportSeptember 1, 2023 | msn.comMAG Silver: A Better Q2 At JuanicipioOctober 2, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 17, 2023 | theglobeandmail.comClosing Bell: MAG Silver Corp down on Thursday (MAG)August 15, 2023 | theglobeandmail.comClosing Bell: MAG Silver Corp down on Tuesday (MAG)August 15, 2023 | markets.businessinsider.comNational Bank Sticks to Their Buy Rating for Pan American Silver (PAAS)August 8, 2023 | finanznachrichten.deMAG Silver Corp.: MAG Silver Reports Second Quarter Financial ResultsJuly 28, 2023 | theglobeandmail.comClosing Bell: MAG Silver Corp up on Friday (MAG)October 2, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”July 27, 2023 | finance.yahoo.comZacks Industry Outlook Highlights MAG Silver, Endeavour Silver and Avino Silver MinesJuly 26, 2023 | juniorminingnetwork.comMAG Silver Announces Second Quarter Production From JuanicipioJuly 26, 2023 | seekingalpha.comMAG Silver rises as Juanicipio mine production ramps upJuly 26, 2023 | finance.yahoo.comMAG Announces Second Quarter Production From JuanicipioJuly 26, 2023 | finance.yahoo.com3 Silver Mining Stocks to Buy as Prospects Look BrightJuly 20, 2023 | msn.comSilversea Accepts Delivery of Environmentally Advanced Silver NovaJuly 20, 2023 | msn.comRed Bank golf instructor accused of inappropriately touching student in Little SilverJuly 18, 2023 | finance.yahoo.comBears are Losing Control Over MAG Silver (MAG), Here's Why It's a 'Buy' NowJuly 8, 2023 | finance.yahoo.com20 Largest Silver Producing Countries In The WorldJune 30, 2023 | finance.yahoo.comDr. Brian Handelman Honored as Top Dentist by Washingtonian MagazineJune 9, 2023 | finance.yahoo.comMAG Silver Corp. (TSE:MAG) is a favorite amongst institutional investors who own 55%June 8, 2023 | nasdaq.comPI FINANCIAL CORP Upgrades MAG Silver (TSX:MAG)June 6, 2023 | finance.yahoo.comMAG Silver's (MAG) Juanicipio Starts Commercial ProductionJune 2, 2023 | markets.businessinsider.comRaymond James Remains a Buy on MAG Silver (MAG)May 15, 2023 | finance.yahoo.comMAG Silver (MAG) Q1 Earnings Miss Estimates, Up Y/YMay 12, 2023 | finance.yahoo.comWhy Shares of Hecla Mining, MAG Silver, and Sibanye Stillwater Are Plummeting This WeekMay 10, 2023 | finance.yahoo.comEsperanza Silver de Mexico, S.A. de C.V. Expands Community Work with TetlamaMay 10, 2023 | finanznachrichten.deMAG Silver Corp.: MAG Silver Reports First Quarter Financial ResultsSee More Headlines Receive MAG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MAG Silver and its competitors with MarketBeat's FREE daily newsletter. Email Address MAG Company Calendar Last Earnings8/07/2023Today10/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSEAMERICAN:MAG CUSIPN/A CIKN/A Webwww.magsilver.com Phone604-630-1399Fax604-681-0894Employees11Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.22 High Stock Price Forecast$28.00 Low Stock Price Forecast$15.50 Forecasted Upside/Downside+135.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.31 Trailing P/E Ratio32.19 Forward P/E Ratio14.46 P/E GrowthN/ANet Income$17.64 million Net MarginsN/A Pretax MarginN/A Return on Equity7.23% Return on Assets7.11% Debt Debt-to-Equity RatioN/A Current Ratio12.90 Quick Ratio12.90 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash Flow$0.17 per share Price / Cash Flow57.72 Book Value$4.06 per share Price / Book2.46Miscellaneous Outstanding Shares102,950,000Free Float93,951,000Market Cap$1.03 billion OptionableOptionable Beta1.13 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. George N. Paspalas Acc.Dir (Age 60)B.E. (Chem.), Pres, CEO & Non-Independent Director Comp: $881.7kMr. Fausto Di TrapaniChief Financial OfficerMr. Michael John CurlookVP of Investor Relations & CommunicationsDr. Peter Kenneth McNeill Megaw CPG (Age 70)Ph.D., Chief Exploration Officer Comp: $439.74kMr. W. J. MalloryChief Sustainability OfficerMs. Rubi LapizControllerMs. Jill Neff (Age 45)VP of Governance & Corp. Sec. More ExecutivesKey CompetitorsIAMGOLDNYSE:IAGSeabridge GoldNYSE:SAOrla MiningNYSEAMERICAN:ORLAFortuna Silver MinesNYSE:FSMEquinox GoldNYSEAMERICAN:EQXView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 25,300 shares on 8/23/2023Ownership: 0.000%Citadel Advisors LLCBought 36,500 shares on 8/15/2023Ownership: 0.000%Goldman Sachs Group Inc.Sold 49,097 shares on 8/15/2023Ownership: 0.057%Royal Bank of CanadaBought 50,000 shares on 8/15/2023Ownership: 0.000%Wells Fargo & Company MNSold 2,500 shares on 8/15/2023Ownership: 0.005%View All Institutional Transactions MAG Stock - Frequently Asked Questions Should I buy or sell MAG Silver stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MAG shares. View MAG analyst ratings or view top-rated stocks. What is MAG Silver's stock price forecast for 2023? 4 analysts have issued 12-month price targets for MAG Silver's shares. Their MAG share price forecasts range from $15.50 to $28.00. On average, they predict the company's stock price to reach $23.22 in the next year. This suggests a possible upside of 132.7% from the stock's current price. View analysts price targets for MAG or view top-rated stocks among Wall Street analysts. How were MAG Silver's earnings last quarter? MAG Silver Corp. (NYSEAMERICAN:MAG) issued its quarterly earnings results on Monday, August, 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. What other stocks do shareholders of MAG Silver own? Based on aggregate information from My MarketBeat watchlists, some companies that other MAG Silver investors own include First Majestic Silver (AG), Fortuna Silver Mines (FSM), B2Gold (BTG), Portola Pharmaceuticals (PTLA), Silvercorp Metals (SVM), SSR Mining (SSRM), Alamos Gold (AGI), Alibaba Group (BABA) and Barrick Gold (GOLD). What is MAG Silver's stock symbol? MAG Silver trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "MAG." How do I buy shares of MAG Silver? Shares of MAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is MAG Silver's stock price today? One share of MAG stock can currently be purchased for approximately $9.98. How much money does MAG Silver make? MAG Silver (NYSEAMERICAN:MAG) has a market capitalization of $1.03 billion. The company earns $17.64 million in net income (profit) each year or $0.31 on an earnings per share basis. How can I contact MAG Silver? MAG Silver's mailing address is 800 West Pender Street, Suite 770, Vancouver, BC V6C 2V6, Canada. The official website for the company is www.magsilver.com. The company can be reached via phone at 604-630-1399, via email at info@magsilver.com, or via fax at 604-681-0894. This page (NYSEAMERICAN:MAG) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MAG Silver Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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