MAG Silver (MAG) Stock Price, News & Analysis

Company Overview

MAG Silver Corp is a Canadian mining company. It is focused 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 are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.

Key Stats

• Today's Range: C$33.70 to C$34.98
• 50-Day Range: C$34.38 to C$34.38
• 52-Week Range: C$15.89 to C$34.98
• Volume: 146,911 shs
• Average Volume: 281,816 shs
• Market Capitalization: C$3.56 billion
• P/E Ratio: 34.73
• Dividend Yield: 1.11%
• Price Target: C$31.70
• Consensus Rating: Reduce

MAG Silver Stock Analysis - MarketRank™

MAG Silver scored higher than 13% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

MAG Silver has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 1 sell rating.

Downside Risk

MAG Silver has a consensus price target of C$31.70, representing about 7.8% downside from its current price of C$34.38.

Amount of Analyst Coverage

MAG Silver has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MAG Silver is 34.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of MAG Silver is 34.73, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 20.97.

Price to Earnings Growth Ratio

MAG 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 Ratio

MAG Silver has a P/B Ratio of 5.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MAG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MAG Silver pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MAG Silver does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MAG Silver is 38.38%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for MAG Silver this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

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

0.96% of the stock of MAG Silver is held by insiders.

Percentage Held by Institutions

40.81% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MAG Stock Analysis - Frequently Asked Questions

How have MAG shares performed this year?

MAG Silver's stock was trading at C$34.38 at the beginning of the year. Since then, MAG stock has increased by 0.0% and is now trading at C$34.38.

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.

What other stocks do shareholders of MAG Silver own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MAG Silver investors own include Agnico Eagle Mines (AEM), Gold.com (GOLD), NVIDIA (NVDA), First Majestic Silver (AG), First Majestic Silver (FR), Alamos Gold (AGI) and Advanced Micro Devices (AMD).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Silver
• Sub-Industry: N/A
• Current Symbol: TSE:MAG
• CIK: N/A
• Web: www.magsilver.com
• Phone: +1-604-364-1909
• Fax: N/A
• Employees: 11
• Year Founded: N/A

Price Target and Rating

• Average Price Target for MAG Silver: C$31.70
• High Price Target: C$31.70
• Low Price Target: C$31.70
• Potential Upside/Downside: -7.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.99
• Trailing P/E Ratio: 34.73
• Forward P/E Ratio: 28.10
• P/E Growth: 0.84
• Net Income: C$52.35 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 13.43%
• Return on Assets: -1.86%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 44.26
• Quick Ratio: 25.31

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.65 per share
• Price / Cash Flow: 53.05
• Book Value: C$5.98 per share
• Price / Book: 5.75

Miscellaneous

• Outstanding Shares: 103,663,000
• Free Float: N/A
• Market Cap: C$3.56 billion
• Optionable: Not Optionable
• Beta: 1.12