TSE:MAG

MAG Silver - MAG Stock Forecast, Price & News

C$16.96

-0.78 (-4.40%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: C$16.62
▼
C$17.51
50-Day Range: C$14.02
▼
C$18.88
52-Week Range: C$13.60
▼
C$26.94

Volume: N/A
Average Volume: 221,567 shs
Market Capitalization: C$1.67 billion

P/E Ratio: 99.76
Dividend Yield: N/A
Price Target: C$25.44

About MAG Silver (TSE:MAG) Stock

MAG 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.

MAG Silver Stock Down 4.4 %

Shares of MAG Stock traded down C$0.78 during trading on Wednesday, hitting C$16.96. MAG Silver has a 52-week low of C$13.60 and a 52-week high of C$26.94. The stock has a market capitalization of C$1.67 billion and a PE ratio of 99.76. The firm's 50-day simple moving average is C$16.28 and its 200-day simple moving average is C$18.69. The company has a debt-to-equity ratio of 0.10, a quick ratio of 13.25 and a current ratio of 13.94.

MAG Silver (TSE:MAG - Get Rating) (NYSEAMERICAN:MAG) last posted its earnings results on Monday, May 16th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.12 by C($0.08). On average, research analysts expect that MAG Silver will post 1.49 earnings per share for the current year.

Analysts Set New Price Targets

MAG has been the topic of several recent research reports. TD Securities lowered their target price on shares of MAG Silver from C$31.00 to C$28.00 and set a "speculative buy" rating on the stock in a research note on Wednesday, May 18th. Raymond James dropped their price objective on shares of MAG Silver from C$29.00 to C$26.00 and set an "outperform" rating for the company in a research note on Tuesday, July 19th. National Bankshares decreased their target price on shares of MAG Silver from C$28.25 to C$23.50 and set an "outperform" rating on the stock in a research note on Thursday, July 21st. Stifel Nicolaus lowered their target price on MAG Silver from C$30.50 to C$30.00 in a report on Wednesday, April 27th. Finally, HC Wainwright reaffirmed a "buy" rating and issued a C$16.50 price target on shares of MAG Silver in a report on Thursday, July 28th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$25.44.

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MAG Stock News Headlines

August 9, 2022 | americanbankingnews.com

MAG Silver Corp. (TSE:MAG) Receives Average Recommendation of "Moderate Buy" from Analysts

July 31, 2022 | americanbankingnews.com

MAG Silver (TSE:MAG) Receives "Buy" Rating from HC Wainwright

July 24, 2022 | americanbankingnews.com

MAG Silver (TSE:MAG) PT Lowered to C$23.50 at National Bankshares

May 17, 2022 | marketwatch.com

MAG Silver Shares Rise on Higher 1Q Gold, Silver Sales

May 12, 2022 | finance.yahoo.com

Why MAG Silver (MAG) Might Surprise This Earnings Season

January 23, 2022 | seekingalpha.com

MAG Silver cut by Scotiabank on commissioning delay to key project

December 17, 2021 | finanznachrichten.de

Reyna Silver Corp.: Reyna Announces Grant of Stock Options and Share Based Compensation

October 26, 2021 | nz.finance.yahoo.com

MAG Silver Appoints Jim Mallory as Chief Sustainability Officer

September 8, 2021 | ca.finance.yahoo.com

Stocks in play: MAG Silver Corp.

August 3, 2021 | finance.yahoo.com

MAG Silver Announces the Appointment of Dale Peniuk as a Director

July 19, 2021 | nasdaq.com

Notable Two Hundred Day Moving Average Cross - MAG

June 29, 2021 | ca.finance.yahoo.com

Reyna Silver Adds Second Drill Rig to Guigui Project

April 30, 2021 | nasdaq.com

MAG Silver Breaks Below 200-Day Moving Average - Notable for MAG

April 8, 2021 | nasdaq.com

MAG Makes Bullish Cross Above Critical Moving Average

March 31, 2021 | finance.yahoo.com

MAG Silver Announces the Appointment of Tim Baker as a Director

March 31, 2021 | finance.yahoo.com

MAG Silver Reports 2020 Annual Results

February 26, 2021 | finance.yahoo.com

Zacatecas Silver To Commence Trading on TSX Venture Under Symbol ZAC

February 24, 2021 | ca.finance.yahoo.com

Scale Computing HE150 Named to SearchStorage’s 2020 Storage Products of the Year, Best Enterprise Storage Systems and Products of 2020

February 16, 2021 | finance.yahoo.com

Companies Like MAG Silver (TSE:MAG) Can Afford To Invest In Growth

February 1, 2021 | nasdaq.com

First Week of MAG August 20th Options Trading

January 12, 2021 | marketwatch.com

Canasil Resumes Drilling at the La Esperanza Silver-Gold Project in Durango and Zacatecas States, Mexico

December 15, 2020 | marketwatch.com

Northern Lights Resources Appoints Investor Relations Consultant

December 8, 2020 | finance.yahoo.com

Increase Exposure to Gold and Silver Through These 3 Operators

October 13, 2020 | seekingalpha.com

MAG Silver: Deer Trail's Acquisition Adds More Upside Potential

September 9, 2020 | msn.com

Silver Apples synth pioneer Simeon Coxe dies aged 82

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MAG Company Calendar

Today: 8/17/2022
Next Earnings (Estimated): 11/21/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Precious Metals
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:MAG
CUSIP: 55903Q104
CIK: N/A
Web: www.magsilver.com
Phone: +1-604-364-1909
Fax: N/A
Employees: 8
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$25.44
High Stock Price Forecast: C$32.00
Low Stock Price Forecast: C$16.50
Forecasted Upside/Downside: +50.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 99.76
Forward P/E Ratio: 11.38
P/E Growth: 0.47
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 13.94
Quick Ratio: 13.25

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.50 per share
Price / Cash Flow: 33.88
Book Value: C$3.79 per share
Price / Book: 4.48

Miscellaneous

Outstanding Shares: 98,722,000
Free Float: N/A
Market Cap: C$1.67 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. George N. Paspalas Acc.Dir (Age 59)
B.E. (Chem.), Pres, CEO & Non-Independent Director
Comp: $1.17M
Mr. Michael John Curlook
VP of Investor Relations & Communications
Mr. W. J. Mallory
Chief Sustainability Officer
Mr. Fausto Di Trapani
Chief Financial Officer
Ms. Rubi Lapiz
Controller
Ms. Jill Neff (Age 44)
Corp. Sec.
Mr. Marc Turcotte B.Sc.
MBA, VP of Bus. Devel.

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MAG Stock - Frequently Asked Questions

Should I buy or sell MAG Silver stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last year. There are currently 3 hold ratings and 5 buy ratings 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 2022?: 8 Wall Street analysts have issued 12 month price targets for MAG Silver's shares. Their MAG share price forecasts range from C$16.50 to C$32.00. On average, they expect the company's share price to reach C$25.44 in the next twelve months. This suggests a possible upside of 50.0% 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 2022?: MAG Silver's stock was trading at C$19.83 at the start of the year. Since then, MAG stock has decreased by 14.5% and is now trading at C$16.96.
View the best growth stocks for 2022 here.
When is MAG Silver's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our MAG earnings forecast.

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$16.96.
How much money does MAG Silver make?: MAG Silver (TSE:MAG) has a market capitalization of C$1.67 billion.
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 8/18/2022 by MarketBeat.com Staff

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