NYSEAMERICAN:MAGMAG Silver Stock Price, Forecast & News

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 102.8% and is now trading at $13.75. 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) issued its quarterly earnings results on Friday, May, 15th. The company reported ($0.17) EPS for the quarter. View MAG Silver's earnings history.

3 brokerages have issued 12-month price objectives for MAG Silver's stock. Their forecasts range from $16.50 to $21.25. On average, they expect MAG Silver's share price to reach $18.58 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price. View analysts' price targets for MAG Silver.

News headlines about MAG stock have trended negative recently, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MAG Silver earned a news impact score of -2.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View the latest news about MAG Silver.

MAG Silver saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,990,000 shares, an increase of 9.9% from the June 15th total of 2,720,000 shares. Based on an average trading volume of 739,100 shares, the short-interest ratio is presently 4.0 days. Approximately 3.7% of the company's shares are short sold. View MAG Silver's Current Options Chain.

Some companies that are related to MAG Silver include NovaGold Resources (NG), 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) and Southern Arc Minerals (SOACF). 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."

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 $13.75.

MAG Silver has a market capitalization of $1.25 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.