About MAG Silver Corp (NYSEAMERICAN:MAG)
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:
- Industry: Integrated Mining
- Sub-Industry: N/A
- Sector: N/A
- Symbol: NYSEAMERICAN:MAG
- Previous Symbol: NYSEMKT:MVG
- CUSIP: N/A
- Web: www.magsilver.com
- Trailing EPS: ($0.65)
- Return on Equity: -1.79%
- Return on Assets: -1.78%
- Outstanding Shares: 80,800,000
Frequently Asked Questions for MAG Silver Corp (NYSEAMERICAN:MAG)
What is MAG Silver Corp's stock symbol?
MAG Silver Corp trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "MAG."
How were MAG Silver Corp's earnings last quarter?
MAG Silver Corp (NYSEAMERICAN:MAG) posted its quarterly earnings data on Monday, August, 15th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.02. View MAG Silver Corp's Earnings History.
When will MAG Silver Corp make its next earnings announcement?
Where is MAG Silver Corp's stock going? Where will MAG Silver Corp's stock price be in 2017?
7 Wall Street analysts have issued 1-year price targets for MAG Silver Corp's shares. Their forecasts range from $9.50 to $22.00. On average, they anticipate MAG Silver Corp's stock price to reach $17.75 in the next twelve months. View Analyst Ratings for MAG Silver Corp.
Are investors shorting MAG Silver Corp?
MAG Silver Corp saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,446,540 shares, an increase of 9.9% from the October 13th total of 2,226,428 shares. Based on an average daily trading volume, of 251,257 shares, the short-interest ratio is currently 9.7 days. Approximately 3.5% of the company's shares are short sold.
Who are some of MAG Silver Corp's key competitors?
Some companies that are related to MAG Silver Corp include Fortuna Silver Mines (FSM), McEwen Mining (MUX), Seabridge Gold (SA), Northern Dynasty Minerals (NAK), Dorchester Minerals, L.P. (DMLP), SolGold plc (SOLG), Anglo Pacific Group plc (APF), Griffin Mining Ltd (GFM), Gold Resource (GORO), Polymet Mining Corp (PLM), A-Mark Precious Metals (AMRK), Horizonte Minerals Plc (HZM), Avino Silver & Gold Mines (ASM), Beowulf Mining plc (BEM), Premier African Minerals Ltd (PREM), Georgian Mining Corp (GEO), Comstock Mining (LODE) and Tri-star Resources PLC (TSTR).
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 (Age 54)
- 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 (Age 68)
- Peter D. Barnes, Independent Director (Age 60)
- Richard Peter Clark, Independent Director (Age 59)
- Richard Mark Colterjohn, Independent Director (Age 59)
- Jill Leversage, Independent Director (Age 60)
Who owns MAG Silver Corp stock?
MAG Silver Corp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tocqueville Asset Management L.P. (7.11%), Van ECK Associates Corp (5.29%), Commonwealth Bank of Australia (2.76%), JPMorgan Chase & Co. (1.17%), Global X MANAGEMENT CO LLC (0.00%) and Ninepoint Partners LP (0.80%). 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 Sprott Inc., Tocqueville Asset Management L.P., TD Asset Management Inc., Cubist Systematic Strategies LLC, American Century Companies Inc. and Sigma Planning Corp. 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 purchased by a variety of institutional investors in the last quarter, including Ninepoint Partners LP, Commonwealth Bank of Australia, Van ECK Associates Corp, Canada Pension Plan Investment Board, Global X MANAGEMENT CO LLC, Jane Street Group LLC, JPMorgan Chase & Co. and Stifel Financial Corp. 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MAG Silver Corp's stock price today?
One share of MAG Silver Corp stock can currently be purchased for approximately $11.05.
How big of a company is MAG Silver Corp?
MAG Silver Corp has a market capitalization of $913.99 million.
How can I contact MAG Silver Corp?
MAG Silver Corp's mailing address is 770-800 Pender St W, VANCOUVER, BC V6C 2V6, Canada. The company can be reached via phone at +1-604-6301399.
MarketBeat Community Rating for MAG Silver Corp (NYSEAMERICAN 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.
Analysts' Consensus Rating for MAG Silver Corp (NYSEAMERICAN:MAG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 0 Hold Ratings, 5 Buy Ratings, 2 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.29)|
|Consensus Price Target: ||$17.75|
Consensus Price Target History for MAG Silver Corp (NYSEAMERICAN:MAG)
Analysts' Ratings History for MAG Silver Corp (NYSEAMERICAN:MAG)
(Data available from 11/19/2015 forward)
|11/17/2017||BMO Capital Markets||Initiated Coverage||Buy|
|11/16/2017||HC Wainwright||Set Price Target||Buy||$19.00|
|8/21/2017||Roth Capital||Set Price Target||Buy||$22.00|
|4/5/2017||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy|
|3/9/2017||Rodman & Renshaw||Reiterated Rating||Buy -> Buy||$20.00 -> $20.50|
|3/1/2017||TD Securities||Upgrade||Hold -> Buy|
|12/22/2016||Citigroup Inc.||Upgrade||Outperform -> Strong-Buy|
|10/20/2016||Desjardins||Upgrade||Hold -> Buy|
|10/3/2016||Canaccord Genuity||Upgrade||Hold -> Buy|
|2/20/2016||Pi Financial||Reiterated Rating||Buy||$10.80 -> $13.00|
Earnings History and Estimates Chart for MAG Silver Corp (NYSEAMERICAN:MAG)
Earnings History by Quarter for MAG Silver Corp (NYSEAMERICAN MAG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/29/2018|| || || || || || || || |
|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 (NYSEAMERICAN:MAG)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for MAG Silver Corp (NYSEAMERICAN:MAG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for MAG Silver Corp (NYSEAMERICAN MAG)
Insider Trades by Quarter for MAG Silver Corp (NYSEAMERICAN 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|| |
Latest Headlines for MAG Silver Corp (NYSEAMERICAN MAG)
MAG Silver Corp (NYSEAMERICAN MAG) Chart for Sunday, November, 19, 2017