TSE:MAG MAG Silver (MAG) Stock Forecast, Price & News C$16.52 -0.23 (-1.37%) (As of 02:39 PM ET) Add Compare Share Share Today's RangeC$16.32▼C$16.7450-Day RangeC$15.53▼C$18.8152-Week RangeC$13.60▼C$22.96Volume144,105 shsAverage Volume267,753 shsMarket CapitalizationC$1.70 billionP/E Ratio56.97Dividend YieldN/APrice TargetC$23.55 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial Media MAG Silver MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside41.8% UpsideC$23.55 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.30 out of 5 stars 3.4 Analyst's Opinion Consensus RatingMAG Silver has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$23.55, MAG Silver has a forecasted upside of 41.8% from its current price of C$16.61.Amount of Analyst CoverageMAG Silver has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MAG. 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 2.3 News and Social Media Coverage News SentimentMAG Silver has a news sentiment score of 0.17. 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 is a lower news sentiment than the 0.34 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for MAG Silver this week, compared to 1 article on an average week.Search Interest8 people have searched for MAG on MarketBeat in the last 30 days. This is an increase of 33% 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 0.91% of the stock of MAG Silver is held by insiders.Percentage Held by Institutions51.33% 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 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MAG Silver is 57.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of MAG Silver is 57.28, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 616.76.Price to Earnings Growth RatioMAG Silver has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMAG Silver has a P/B Ratio of 3.72. 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 (TSE:MAG) StockMAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company 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 HeadlinesJune 8, 2023 | msn.comSTIFEL CANADA Maintains MAG Silver (TSX:MAG) Buy RecommendationJune 5, 2023 | msn.comMAG Silver says commercial production achieved at Juanicipio mineJune 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.June 4, 2023 | americanbankingnews.comMAG Silver (TSE:MAG) PT Raised to C$25.50June 3, 2023 | americanbankingnews.comBrokerages Set MAG Silver Corp. (TSE:MAG) PT at C$23.45May 17, 2023 | americanbankingnews.comMAG Silver Corp. Forecasted to Post Q4 2023 Earnings of $0.43 Per Share (TSE:MAG)May 15, 2023 | americanbankingnews.comMAG Silver (TSE:MAG) PT Lowered to C$24.50 at Raymond JamesMay 14, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for MAG Silver Corp. (TSE:MAG) Lowered by AnalystJune 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 14, 2023 | americanbankingnews.comMAG Silver (TSE:MAG) PT Lowered to C$25.00 at TD SecuritiesMay 14, 2023 | americanbankingnews.comStifel Nicolaus Raises MAG Silver (TSE:MAG) Price Target to C$26.00May 11, 2023 | americanbankingnews.comMAG Silver Corp. (TSE:MAG) Receives C$23.68 Consensus Target Price from AnalystsMay 6, 2023 | americanbankingnews.comMAG Silver (TSE:MAG) Stock Crosses Below Two Hundred Day Moving Average of $18.90April 30, 2023 | americanbankingnews.comBrokers Offer Predictions for MAG Silver Corp.'s FY2023 Earnings (TSE:MAG)April 22, 2023 | markets.businessinsider.comFreeport-McMoRan (FCX): New Buy Recommendation for This Basic Materials GiantApril 21, 2023 | americanbankingnews.comMAG Silver (TSE:MAG) PT Lowered to C$24.50 at National Bank FinancialApril 16, 2023 | americanbankingnews.comBrokerages Set MAG Silver Corp. (TSE:MAG) PT at C$23.58April 13, 2023 | theglobeandmail.comClosing Bell: MAG Silver Corp up on Wednesday (MAG)April 12, 2023 | theglobeandmail.comClosing Bell: MAG Silver Corp up on Tuesday (MAG)April 1, 2023 | americanbankingnews.comTD Securities Trims MAG Silver (TSE:MAG) Target Price to C$27.00April 1, 2023 | americanbankingnews.comMAG Silver Corp. (TSE:MAG) to Post FY2023 Earnings of $1.14 Per Share, HC Wainwright ForecastsApril 1, 2023 | americanbankingnews.comRaymond James Research Analysts Decrease Earnings Estimates for MAG Silver Corp. (TSE:MAG)March 31, 2023 | msn.comMAG Silver's (MAG) Q4 Earnings Miss Estimates, Down Y/YMarch 31, 2023 | americanbankingnews.comCIBC Cuts MAG Silver (TSE:MAG) Price Target to C$21.00March 30, 2023 | americanbankingnews.comRaymond James Lowers MAG Silver (TSE:MAG) Price Target to C$25.00March 30, 2023 | americanbankingnews.comMAG Silver (TSE:MAG) PT Lowered to C$25.75March 29, 2023 | americanbankingnews.comQ4 2023 Earnings Estimate for MAG Silver Corp. (TSE:MAG) Issued By Raymond JamesSee More Headlines MAG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MAG Company Calendar Last Earnings3/27/2023Today6/09/2023Next Earnings (Estimated)8/21/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Precious Metals Sub-IndustryN/A SectorIndustrials Current SymbolTSE:MAG CUSIP55903Q104 CIKN/A Webwww.magsilver.com Phone+1-604-364-1909FaxN/AEmployees8Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$23.55 High Stock Price ForecastC$26.50 Low Stock Price ForecastC$16.50 Forecasted Upside/Downside+40.6%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.29 Trailing P/E Ratio57.76 Forward P/E Ratio21.80 P/E Growth0.84Net IncomeC$19.68 million Net MarginsN/A Pretax MarginN/A Return on Equity4.74% Return on Assets-2.01% Debt Debt-to-Equity Ratio0.05 Current Ratio11.76 Quick Ratio25.31 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowC$0.32 per share Price / Cash Flow53.05 Book ValueC$4.47 per share Price / Book3.75Miscellaneous Outstanding Shares102,890,000Free FloatN/AMarket CapC$1.72 billion OptionableOptionable Beta1.00 Key ExecutivesMr. George N. Paspalas Acc.Dir (Age 60)B.E. (Chem.), Pres, CEO & Non-Independent Director Comp: $1.17MMr. Michael John CurlookVP of Investor Relations & CommunicationsMr. W. J. MalloryChief Sustainability OfficerMr. Fausto Di TrapaniChief Financial OfficerMs. Rubi LapizControllerMs. Jill Neff (Age 45)Corp. Sec. Mr. Marc Turcotte B.Sc.MBA, VP of Bus. Devel.More ExecutivesKey CompetitorsCargojetTSE:CJTBrookfield Business PartnersTSE:BBU.UNBadger DaylightingTSE:BADMorneau ShepellTSE:MSIExchange IncomeTSE:EIFView All CompetitorsInsidersMichael John CurlookSold 16,842 sharesTotal: C$354,827.26 ($21.07/share)Daniel Thomas MacinnisSold 26,400 sharesTotal: C$534,600.00 ($20.25/share)Daniel Thomas MacinnisSold 25,000 sharesTotal: C$529,000.00 ($21.16/share)Peter MegawSold 4,285 sharesTotal: C$88,882.47 ($20.74/share)George Nickolas PaspalasSold 15,250 sharesTotal: C$250,552.93 ($16.43/share)View All Insider Transactions MAG Stock - Frequently Asked Questions Should I buy or sell MAG Silver stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street 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? 7 brokerages have issued 12-month price objectives for MAG Silver's shares. Their MAG share price forecasts range from C$16.50 to C$26.50. On average, they expect the company's stock price to reach C$23.55 in the next twelve months. This suggests a possible upside of 40.6% from the stock's current price. View analysts price targets for MAG or view top-rated stocks among Wall Street analysts. How have MAG shares performed in 2023? MAG Silver's stock was trading at C$21.15 at the beginning of 2023. Since then, MAG shares have decreased by 20.8% and is now trading at C$16.75. View the best growth stocks for 2023 here. When is MAG Silver's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our MAG earnings forecast. How were MAG Silver's earnings last quarter? MAG Silver Corp. (TSE:MAG) issued its quarterly earnings data on Monday, March, 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.08. 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 Agnico Eagle Mines (AEM), First Majestic Silver (FR), Alamos Gold (AGI), Kirkland Lake Gold (KL), Alio Gold Inc. (ALO.TO) (ALO), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Aurora Cannabis (ACB), Agnico Eagle Mines (AEM) and First Majestic Silver (AG). What is MAG Silver's stock symbol? MAG Silver trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MAG." How do I buy shares of MAG Silver? Shares of MAG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is MAG Silver's stock price today? One share of MAG stock can currently be purchased for approximately C$16.75. How much money does MAG Silver make? MAG Silver (TSE:MAG) has a market capitalization of C$1.72 billion. The company earns C$19.68 million in net income (profit) each year or C$0.29 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 +1-604-364-1909. This page (TSE:MAG) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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