NYSEAMERICAN:MAG

MAG Silver Stock Forecast, Price & News

$19.88

-0.20 (-1.00 %)

(As of 07/30/2021 12:00 AM ET)

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Today's Range

$19.54

▼

$20.20

50-Day Range

$14.48

▼

$21.78

52-Week Range

$14.01

▼

$24.43

Volume255,500 shs

Average Volume655,106 shs

Market Capitalization$1.89 billion

P/E Ratio497.12

Dividend YieldN/A

Beta1.05

30 days | 90 days | 365 days | Advanced Chart

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About MAG Silver

MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

MAG Silver Reports Second Quarter Juanicipio Underground Mine Production
July 28, 2021 | finance.yahoo.com

Zacatecas Silver Announces DTC Eligibility
July 23, 2021 | markets.businessinsider.com

FY2022 EPS Estimates for MAG Silver Corp. Reduced by Analyst (NYSEAMERICAN:MAG)
July 21, 2021 | americanbankingnews.com

Traders Buy High Volume of Put Options on MAG Silver (NYSEAMERICAN:MAG)
July 20, 2021 | americanbankingnews.com

MAG Crosses Critical Technical Indicator
July 19, 2021 | nasdaq.com

MAG Silver (NYSEAMERICAN:MAG) Sees Large Volume Increase
July 16, 2021 | americanbankingnews.com

MAG Silver Corp. (NYSEAMERICAN:MAG) Given Average Recommendation of "Buy" by Analysts
July 16, 2021 | americanbankingnews.com

Robert Downey Jr. to Co-Star in Adaptation of ‘The Sympathizer’ for HBO and A24
July 15, 2021 | msn.com

Tokyo Olympics: Saurabh Chaudhary only Indian in Time magazine list of athletes to watch out for
July 15, 2021 | msn.com

Sex and the City’s Cynthia Nixon looks very different with silver hair in series reboot
July 15, 2021 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSEAMERICAN:MAG
Previous SymbolNYSEMKT:MVG
CUSIP55903Q104
CIK1230992
Webwww.magsilver.com
Phone+1-604-364-1909
Employees8
Year FoundedN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.34 per share
Price / Book5.95

Profitability

EPS (Most Recent Fiscal Year)($0.08)
Net Income$-7,100,000.00
Net MarginsN/A
Return on Equity1.40%
Return on Assets1.36%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares94,960,000
Market Cap$1.89 billion
Next Earnings Date8/11/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.93 out of 5 stars

Basic Materials Sector

154th out of 918 stocks

Gold & Silver Ores Industry

31st out of 93 stocks

3.4 Analyst's Opinion

Consensus Rating
MAG Silver has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.36, MAG Silver has a forecasted upside of 37.6% from its current price of $19.88.
Amount of Analyst Coverage
MAG Silver has only been the subject of 3 research reports in the past 90 days.

4.4 Community Rank

Outperform Votes
MAG Silver has received 138 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MAG Silver has received 70 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MAG Silver has received 66.35% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about MAG Silver and other stocks. Vote “Outperform” if you believe MAG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MAG will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 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
Only 38.82% of the stock of MAG Silver is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for MAG Silver are expected to grow by 2,525.00% in the coming year, from $0.04 to $1.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MAG Silver is 497.12, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of MAG Silver is 497.12, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.22.
Price to Book Value per Share Ratio
MAG Silver has a P/B Ratio of 5.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

MAG Silver (NYSEAMERICAN:MAG) Frequently Asked Questions

Is MAG Silver a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MAG Silver stock.
View analyst ratings for MAG Silver or view top-rated stocks.

What stocks does MarketBeat like better than MAG Silver?

Wall Street analysts have given MAG Silver a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MAG Silver wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is MAG Silver's next earnings date?

MAG Silver is scheduled to release its next quarterly earnings announcement on Wednesday, August 11th 2021.
View our earnings forecast for MAG Silver.

How were MAG Silver's earnings last quarter?

MAG Silver Corp. (NYSEAMERICAN:MAG) released its quarterly earnings results on Monday, May, 17th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.00 by $0.04.
View MAG Silver's earnings history.

How has MAG Silver's stock price been impacted by Coronavirus?

MAG Silver's stock was trading at $6.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MAG shares have increased by 193.2% and is now trading at $19.88.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MAG?

7 equities research analysts have issued 1 year price objectives for MAG Silver's shares. Their forecasts range from $22.50 to $33.00. On average, they anticipate MAG Silver's share price to reach $27.36 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price.
View analysts' price targets for MAG Silver or view top-rated stocks among Wall Street analysts.

Who are MAG Silver's key executives?

MAG Silver's management team includes the following people:

Mr. George N. Paspalas, Pres, CEO & Non-Independent Director (Age 58, Pay $998.23k)
Mr. Larry Taddei C.A., Chief Financial Officer
Mr. Michael John Curlook, VP of Investor Relations & Communications
Ms. Rubi Lapiz, Controller
Ms. Jill Neff, Corp. Sec. (Age 43)
Mr. Marc Turcotte B.Sc., MBA, VP of Bus. Devel.

Who are some of MAG Silver's key competitors?

Some companies that are related to MAG Silver include Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI), NovaGold Resources (NG), Harmony Gold Mining (HMY), Centerra Gold (CGAU), Osisko Gold Royalties (OR), Coeur Mining (CDE), Eldorado Gold (EGO), Sandstorm Gold (SAND), Seabridge Gold (SA), Fortuna Silver Mines (FSM) and IAMGOLD (IAG).
View all of MAG's competitors.

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), (SAND), 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 DAVENPORT & Co LLC (0.94%), Veracity Capital LLC (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%) and Cutler Group LP (0.00%).
View institutional ownership trends for MAG Silver.

Which major investors are selling MAG Silver stock?

MAG stock was sold by a variety of institutional investors in the last quarter, including Cutler Group LP.
View insider buying and selling activity for MAG Silver or view top insider-selling stocks.

Which major investors are buying MAG Silver stock?

MAG stock was bought by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Zurcher Kantonalbank Zurich Cantonalbank , and Veracity Capital LLC.
View insider buying and selling activity for MAG Silver or or view top insider-buying stocks.

How do I buy shares of 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 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 $19.88.

How much money does MAG Silver make?

MAG Silver has a market capitalization of $1.89 billion. The company earns $-7,100,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.

How many employees does MAG Silver have?

MAG Silver employs 8 workers across the globe.

What is MAG Silver's official website?

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

Where are MAG Silver's headquarters?

MAG Silver is headquartered at 770-800 Pender St W, VANCOUVER, BC V6C 2V6, Canada.

How can I contact MAG Silver?

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 or via email at [email protected]

This page was last updated on 8/2/2021 by MarketBeat.com Staff

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