NYSEAMERICAN:MAG MAG Silver - MAG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $13.91 +0.20 (+1.46%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.38▼$14.0550-Day Range N/A52-Week Range$10.32▼$19.58Volume582,738 shsAverage Volume587,568 shsMarket Capitalization$1.38 billionP/E Ratio49.68Dividend YieldN/APrice Target$26.65 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media MAG Silver MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside91.6% Upside$26.65 Price TargetShort InterestHealthy3.16% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.28Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth131.58%From $0.38 to $0.88 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.2.49 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMAG Silver has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.65, MAG Silver has a forecasted upside of 91.6% from its current price of $13.91.Amount of Analyst CoverageMAG Silver has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.16% 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 7.1.Change versus previous monthShort interest in MAG Silver has recently decreased by 0.64%, indicating that investor sentiment is improving. 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 1.8 News and Social Media Coverage News SentimentMAG Silver has a news sentiment score of 0.28. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for MAG Silver this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for MAG on MarketBeat 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 Institutions40.06% 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 131.58% in the coming year, from $0.38 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MAG Silver is 49.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.75.Price to Earnings Ratio vs. SectorThe P/E ratio of MAG Silver is 49.68, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 96.18.Price to Book Value per Share RatioMAG Silver has a P/B Ratio of 3.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MAG Silver (NYSEAMERICAN:MAG) StockMAG Silver Corp. operates as a Canadian development and exploration company, which focuses 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 is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the Operator. The project is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where the Juanicipio shareholders are currently developing an underground mine and constructing a 4,000 tonnes per day processing plant. MAG is also exploring at the Deer Trail 100% earn-in project in Utah. The company was founded by Peter Kenneth McNeill Megaw, Frank R. Hallam and Michael R. Jones on April 21, 1999 and is headquartered in Vancouver, Canada.Read More 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 Stock News HeadlinesJanuary 26, 2023 | markets.businessinsider.comNational Bank Keeps Their Hold Rating on Fortuna Silver Mines (FSM)January 26, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: MAG Silver (MAG), North American Construction Group (NOA) and Equinox Gold (EQX)February 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 26, 2023 | marketwatch.comMAG Silver Shares Fall After Stock OfferingsJanuary 26, 2023 | finanznachrichten.deMAG Silver Corp.: MAG Silver Announces US$40 Million Bought Deal MJDS Prospectus Offering and C$20 Million Bought Deal Flow-Through Private PlacementJanuary 25, 2023 | msn.comMAG Silver stock slips ~5% after launching bought deal offeringJanuary 25, 2023 | msn.comMAG Silver slides on C$40M bought deal financingJanuary 25, 2023 | finance.yahoo.comMAG Silver Announces US$40 Million Bought Deal MJDS Prospectus Offering and C$20 Million Bought Deal Flow-Through Private PlacementFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 18, 2023 | sg.finance.yahoo.comGR Silver Mining Announces Appointment of Larry Taddei to Board of DirectorsJanuary 18, 2023 | proactiveinvestors.comGR Silver Mining announces appointment of industry veteran Larry Taddei to its board of directorsJanuary 12, 2023 | wsj.comMajuba Hill Copper Announces Former Geospatial Advisor to Mag Silver Appointed to Majuba's Advisory BoardJanuary 11, 2023 | seekingalpha.comMAG Silver: An Exciting Year AheadJanuary 10, 2023 | proactiveinvestors.comSilver for today, gold for tomorrow, says Stifel GMP as US interest rates peakDecember 31, 2022 | finance.yahoo.comWith 57% ownership, MAG Silver Corp. (TSE:MAG) boasts of strong institutional backingDecember 28, 2022 | finanznachrichten.deMAG Silver Corp.: MAG Silver Reports on the Juanicipio ProjectDecember 28, 2022 | finance.yahoo.comMAG Silver Reports on the Juanicipio ProjectDecember 22, 2022 | benzinga.comZacatecas Silver Annual Letter to ShareholdersNovember 21, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Buenaventura Mining, MAG Silver and Vizsla SilverNovember 15, 2022 | finance.yahoo.comShould You Buy MAG Silver (MAG) Ahead of Earnings?November 14, 2022 | finanznachrichten.deMAG Silver Corp.: MAG Silver Reports Third Quarter Financial ResultsNovember 13, 2022 | seekingalpha.comMAG Silver: A Solid Buy-The-Dip CandidateOctober 6, 2022 | finance.yahoo.comTop Silver Stocks for Q4 2022September 22, 2022 | seekingalpha.comMAG Silver: Further Weakness Should Present A Buying OpportunitySeptember 13, 2022 | finance.yahoo.comMAG Silver Provides Juanicipio Commissioning UpdateAugust 17, 2022 | finance.yahoo.comMAG Silver's (MAG) Q2 Earnings Beat Estimates, Rise Y/YAugust 13, 2022 | msn.comGorillaz Animator Jamie Hewlett Announces Art Book Phoo Action: Silver JubileeSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/14/2022Today2/02/2023Next Earnings (Estimated)3/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSEAMERICAN:MAG Previous SymbolNYSEMKT:MVG CUSIP55903Q104 CIK1230992 Webwww.magsilver.com Phone(604) 630-1399Fax604-681-0894Employees10Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.65 High Stock Price Forecast$29.00 Low Stock Price Forecast$21.50 Forecasted Upside/Downside+91.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.28 Trailing P/E Ratio49.68 Forward P/E Ratio36.61 P/E GrowthN/ANet Income$6.03 million Net MarginsN/A Pretax MarginN/A Return on Equity7.09% Return on Assets7.00% Debt Debt-to-Equity RatioN/A Current Ratio26.20 Quick Ratio26.20 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash Flow$0.06 per share Price / Cash Flow217.30 Book Value$3.76 per share Price / Book3.70Miscellaneous Outstanding Shares98,960,000Free Float90,308,000Market Cap$1.38 billion OptionableOptionable Beta1.07 Key ExecutivesGeorge N. PaspalasPresident, CEO & Non-Independent DirectorFausto di TrapaniChief Financial OfficerPeter Kenneth McNeill MegawChief Exploration OfficerMarc TurcotteVice President-Business DevelopmentW. J. MalloryChief Sustainability OfficerKey CompetitorsIAMGOLDNYSE:IAGOrla MiningNYSEAMERICAN:ORLAEquinox GoldNYSEAMERICAN:EQXCenterra GoldNYSE:CGAUFortuna Silver MinesNYSE:FSMView All CompetitorsInsiders & InstitutionsBank of Montreal CanSold 157,383 shares on 2/1/2023Ownership: 0.292%Zurcher Kantonalbank Zurich Cantonalbank Bought 6,032 shares on 2/1/2023Ownership: 0.023%Harel Insurance Investments & Financial Services Ltd.Bought 4,000 shares on 1/26/2023Ownership: 0.004%National Bank of Canada FIBought 29,440 shares on 1/24/2023Ownership: 0.046%MinichMacGregor Wealth Management LLCBought 5,000 shares on 1/9/2023Ownership: 0.005%View All Institutional Transactions MAG Stock - Frequently Asked Questions Should I buy or sell MAG Silver stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MAG shares. View MAG analyst ratings or view top-rated stocks. What is MAG Silver's stock price forecast for 2023? 1 equities research analysts have issued 1-year price objectives for MAG Silver's shares. Their MAG share price forecasts range from $21.50 to $29.00. On average, they predict the company's stock price to reach $26.65 in the next twelve months. This suggests a possible upside of 91.6% from the stock's current price. View analysts price targets for MAG or view top-rated stocks among Wall Street analysts. Are investors shorting MAG Silver? MAG Silver saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,870,000 shares, an increase of 9.5% from the November 30th total of 2,620,000 shares. Based on an average daily volume of 467,100 shares, the short-interest ratio is presently 6.1 days. Currently, 2.9% of the shares of the company are short sold. View MAG Silver's Short Interest. When is MAG Silver's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023. View our MAG earnings forecast. How were MAG Silver's earnings last quarter? MAG Silver Corp. (NYSEAMERICAN:MAG) posted its quarterly earnings results on Monday, November, 14th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by $0.03. 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." Who are MAG Silver's major shareholders? MAG Silver's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.29%), National Bank of Canada FI (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), MinichMacGregor Wealth Management LLC (0.01%), Harel Insurance Investments & Financial Services Ltd. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. 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 $13.91. How much money does MAG Silver make? MAG Silver (NYSEAMERICAN:MAG) has a market capitalization of $1.38 billion. The company earns $6.03 million in net income (profit) each year or $0.28 on an earnings per share basis. How can I contact MAG Silver? MAG Silver's mailing address is 770-800 Pender St W, 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 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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