NYSEAMERICAN:MAG

MAG Silver (MAG) Stock Forecast, Price & News

$9.98

-0.39 (-3.76%)

(As of 10/2/2023 ET)

Compare

Today's Range: $9.90
▼
$10.22
50-Day Range: N/A
52-Week Range: $9.89
▼
$17.02

Volume: 584,058 shs
Average Volume: 717,327 shs
Market Capitalization: $1.03 billion

P/E Ratio: 32.19
Dividend Yield: N/A
Price Target: $23.54

Profile Analyst Ratings Chart Competitors Earnings Headlines Options Chain Short Interest Social Media

MAG Silver MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 135.9% Upside
$23.54 Price Target
Short Interest: Healthy
2.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 85.51%
From $0.69 to $1.28 Per Share

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 Rating
MAG 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/Downside
According 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 Coverage
MAG Silver has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.62% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in MAG Silver has recently decreased by 7.95%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
MAG Silver does not currently pay a dividend.
Dividend Growth
MAG Silver does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MAG.

0.0

News and Social Media Coverage

Search Interest
Only 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 Follows
Only 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.

0.8

Company Ownership

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
42.80% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The 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. Sector
The 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 Ratio
MAG 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.

See Top Rated MarketRank™ Stocks Here

About MAG Silver (NYSEAMERICAN:MAG) Stock

MAG 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.

MAG Price History

30 days | 90 days | 365 days | Advanced Chart

MAG Stock News Headlines

September 18, 2023 | finance.yahoo.com

MAG Silver Publishes Second Annual Sustainability Report

September 1, 2023 | msn.com

MAG Silver: A Better Q2 At Juanicipio

October 2, 2023 | Chaikin Analytics (Ad)

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August 17, 2023 | theglobeandmail.com

Closing Bell: MAG Silver Corp down on Thursday (MAG)

August 15, 2023 | theglobeandmail.com

Closing Bell: MAG Silver Corp down on Tuesday (MAG)

August 15, 2023 | markets.businessinsider.com

National Bank Sticks to Their Buy Rating for Pan American Silver (PAAS)

August 8, 2023 | finanznachrichten.de

MAG Silver Corp.: MAG Silver Reports Second Quarter Financial Results

July 28, 2023 | theglobeandmail.com

Closing Bell: MAG Silver Corp up on Friday (MAG)

October 2, 2023 | Legacy Research (Ad)

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July 27, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights MAG Silver, Endeavour Silver and Avino Silver Mines

July 26, 2023 | juniorminingnetwork.com

MAG Silver Announces Second Quarter Production From Juanicipio

July 26, 2023 | seekingalpha.com

MAG Silver rises as Juanicipio mine production ramps up

July 26, 2023 | finance.yahoo.com

MAG Announces Second Quarter Production From Juanicipio

July 26, 2023 | finance.yahoo.com

3 Silver Mining Stocks to Buy as Prospects Look Bright

July 20, 2023 | msn.com

Silversea Accepts Delivery of Environmentally Advanced Silver Nova

July 20, 2023 | msn.com

Red Bank golf instructor accused of inappropriately touching student in Little Silver

July 18, 2023 | finance.yahoo.com

Bears are Losing Control Over MAG Silver (MAG), Here's Why It's a 'Buy' Now

July 8, 2023 | finance.yahoo.com

20 Largest Silver Producing Countries In The World

June 30, 2023 | finance.yahoo.com

Dr. Brian Handelman Honored as Top Dentist by Washingtonian Magazine

June 9, 2023 | finance.yahoo.com

MAG Silver Corp. (TSE:MAG) is a favorite amongst institutional investors who own 55%

June 8, 2023 | nasdaq.com

PI FINANCIAL CORP Upgrades MAG Silver (TSX:MAG)

June 6, 2023 | finance.yahoo.com

MAG Silver's (MAG) Juanicipio Starts Commercial Production

June 2, 2023 | markets.businessinsider.com

Raymond James Remains a Buy on MAG Silver (MAG)

May 15, 2023 | finance.yahoo.com

MAG Silver (MAG) Q1 Earnings Miss Estimates, Up Y/Y

May 12, 2023 | finance.yahoo.com

Why Shares of Hecla Mining, MAG Silver, and Sibanye Stillwater Are Plummeting This Week

May 10, 2023 | finance.yahoo.com

Esperanza Silver de Mexico, S.A. de C.V. Expands Community Work with Tetlama

May 10, 2023 | finanznachrichten.de

MAG Silver Corp.: MAG Silver Reports First Quarter Financial Results

See More Headlines

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MAG Company Calendar

Last Earnings: 8/07/2023
Today: 10/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSEAMERICAN:MAG
CUSIP: N/A
CIK: N/A
Web: www.magsilver.com
Phone: 604-630-1399
Fax: 604-681-0894
Employees: 11
Year Founded: N/A

Price 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 Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.31
Trailing P/E Ratio: 32.19
Forward P/E Ratio: 14.46
P/E Growth: N/A
Net Income: $17.64 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 7.23%
Return on Assets: 7.11%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 12.90
Quick Ratio: 12.90

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.17 per share
Price / Cash Flow: 57.72
Book Value: $4.06 per share
Price / Book: 2.46

Miscellaneous

Outstanding Shares: 102,950,000
Free Float: 93,951,000
Market Cap: $1.03 billion
Optionable: Optionable
Beta: 1.13

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Key Executives

Mr. George N. Paspalas Acc.Dir (Age 60)
B.E. (Chem.), Pres, CEO & Non-Independent Director
Comp: $881.7k

Mr. Fausto Di Trapani
Chief Financial Officer

Mr. Michael John Curlook
VP of Investor Relations & Communications

Dr. Peter Kenneth McNeill Megaw CPG (Age 70)
Ph.D., Chief Exploration Officer
Comp: $439.74k

Mr. W. J. Mallory
Chief Sustainability Officer

Ms. Rubi Lapiz
Controller

Ms. Jill Neff (Age 45)
VP of Governance & Corp. Sec.

Key Competitors

View All Competitors

Institutional Ownership

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

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