NYSEAMERICAN:MAGMAG Silver Stock Price, Forecast & News

MAG Silver's stock was trading at $6.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MAG shares have increased by 83.9% and is now trading at $12.47. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for MAG Silver.

MAG Silver is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for MAG Silver.

MAG Silver Corp (NYSEAMERICAN:MAG) announced its quarterly earnings data on Monday, March, 30th. The company reported ($0.01) earnings per share for the quarter. View MAG Silver's earnings history.

3 brokers have issued 1-year target prices for MAG Silver's stock. Their forecasts range from $16.50 to $21.25. On average, they expect MAG Silver's stock price to reach $18.58 in the next year. This suggests a possible upside of 49.0% from the stock's current price. View analysts' price targets for MAG Silver.

News stories about MAG stock have been trending very negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MAG Silver earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutMAG Silver.

MAG Silver saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 3,040,000 shares, a drop of 8.7% from the March 31st total of 3,330,000 shares. Based on an average daily trading volume, of 719,000 shares, the short-interest ratio is currently 4.2 days. Approximately 4.0% of the company's shares are short sold. View MAG Silver's Current Options Chain.

Some companies that are related to MAG Silver include Sierra Metals (SMTS), Anglo American Platinum (AGPPF), Ardea Resources (ARRRF), Aurum (AURM), China Gold International Resrcs (JINFF), Evolution Mining (CAHPF), Fortune Minerals (FTMDF), Galantas Gold (GALKF), Golden Queen Mining (GQMNF), Goldsource Mines (GXSFF), Lynas (LYSCF), Orvana Minerals (ORVMF), Semafo (SEMFF), Southern Arc Minerals (SOACF) and Veris Gold (YNGFF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MAG Silver investors own include Portola Pharmaceuticals (PTLA), B2Gold (BTG), Fortuna Silver Mines (FSM), First Majestic Silver (AG), SSR Mining (SSRM), Silvercorp Metals (SVM), Advanced Micro Devices (AMD), Hecla Mining (HL), Kinross Gold (KGC) and Micron Technology (MU).

MAG Silver trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "MAG."

MAG Silver's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (3.83%), Franklin Resources Inc. (1.23%), JPMorgan Chase & Co. (1.09%), Fiera Capital Corp (1.03%), Morgan Stanley (0.75%) and ETF Managers Group LLC (0.56%). View institutional ownership trends for MAG Silver.

MAG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, 1832 Asset Management L.P., Mackenzie Financial Corp, Deutsche Bank AG, Van ECK Associates Corp, UBS Group AG, CIBC Asset Management Inc, and Shepherd Kaplan Krochuk LLC. View insider buying and selling activity for MAG Silver.

MAG stock was acquired by a variety of institutional investors in the last quarter, including Newfoundland Capital Management, Gabelli Funds LLC, Robertson Stephens Wealth Management LLC, Fiera Capital Corp, Raymond James & Associates, PCJ Investment Counsel Ltd., Jane Street Group LLC, and Public Sector Pension Investment Board. View insider buying and selling activity for MAG Silver.

Shares of MAG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MAG stock can currently be purchased for approximately $12.47.

MAG Silver has a market capitalization of $1.14 billion. MAG Silver employs 7 workers across the globe.

The official website for MAG Silver is www.magsilver.com.

MAG Silver's mailing address is 770-800 Pender St W, VANCOUVER, BC V6C 2V6, Canada. The company can be reached via phone at +1-604-364-1909.