Should I buy or sell MAG Silver stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

4 brokerages have issued twelve-month price targets for MAG Silver's shares. Their MAG share price targets range from $13.50 to $23.50. On average, they expect the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 52.3% 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 2024?

MAG Silver's stock was trading at $10.58 on January 1st, 2024. Since then, MAG shares have increased by 11.7% and is now trading at $11.82. View the best growth stocks for 2024 here .

How were MAG Silver's earnings last quarter?

MAG Silver Corp. (NYSEAMERICAN:MAG) posted its quarterly earnings results on Tuesday, March, 19th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.01.

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) , Silvercorp Metals (SVM) , SSR Mining (SSRM) , Alamos Gold (AGI) , Alibaba Group (BABA) and Barrick Gold (GOLD) .

Who are MAG Silver's major shareholders?

MAG Silver's stock is owned by many different retail and institutional investors. Top institutional shareholders include Banque Cantonale Vaudoise (0.01%). View institutional ownership trends .

How do I buy shares of MAG Silver?

Shares of MAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:MAG

MAG Silver (MAG) Stock Price, News & Analysis

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Free MAG Stock Alerts

$11.82

-0.05 (-0.42%)

(As of 01:03 PM ET)

Compare

Today's Range: $11.46
▼
$11.84
50-Day Range: N/A
52-Week Range: $8.19
▼
$13.70

Volume: 387,612 shs
Average Volume: 850,415 shs
Market Capitalization: $1.22 billion

P/E Ratio: 25.15
Dividend Yield: N/A
Price Target: $18.00

Stock Analysis Analyst Forecasts Chart Earnings Headlines Ownership Short Interest

Get MAG Silver alerts:

MAG Silver MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 52.3% Upside
$18.00 Price Target
Short Interest: Healthy
3.50% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.68
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 68.09%
From $0.47 to $0.79 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.76 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
MAG Silver has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
MAG Silver has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.50% of the float of MAG Silver has been sold short.
Short Interest Ratio / Days to Cover
MAG Silver has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in MAG Silver has recently increased by 14.08%, indicating that investor sentiment is decreasing significantly.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MAG.

3.7

News and Social Media Coverage

News Sentiment
MAG Silver has a news sentiment score of 0.68. 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 higher news sentiment than the 0.40 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for MAG Silver this week, compared to 2 articles on an average week.
Search Interest
12 people have searched for MAG on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
7 people have added MAG Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

0.8

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
52.50% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for MAG Silver are expected to grow by 68.09% in the coming year, from $0.47 to $0.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MAG Silver is 25.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of MAG Silver is 25.15, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 130.25.
Price to Book Value per Share Ratio
MAG Silver has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About MAG Silver Stock (NYSEAMERICAN:MAG)

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

MAG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MAG Stock News Headlines

April 10, 2024 | marketbeat.com

Silver Soars: Here's How to Gain Exposure (MAG)

Silver's surge defies expectations, with prices up 17% year-to-date, reaching $28.09 per ounce, fueled by geopolitical tensions in Europe and the Middle East.

April 10, 2024 | marketbeat.com

Silver Soars: Here's How to Gain Exposure

Silver has surged impressively, defying expectations amidst a buoyant economic landscape and optimistic market sentiments. Its recent rally showcases an upward trajectory, with Silver Futures currently trading at $28.09 per ounce, marking an impressive 17% increase year-to-date from the starting point of $23.95.

April 16, 2024 | Wall Street Star (Ad)

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April 15, 2024 | juniorminingnetwork.com

Defiance Silver Delineates High-Grade Polymetallic and Precious Metal Systems at Lucita Property

April 14, 2024 | americanbankingnews.com

MAG Silver (NYSEAMERICAN:MAG) Shares Gap Up to $12.21

April 12, 2024 | finance.yahoo.com

AFTER Alcohol-Free Magazine Releases Latest Issue Featuring Women of the Alcohol-Free Beverage World and More

April 11, 2024 | finance.yahoo.com

The Bancorp Ranked as a 2024 Readers’ Choice Top Employer by Equal Opportunity Magazine and Careers & the disABLED Magazine

April 11, 2024 | americanbankingnews.com

MAG Silver Corp. (NYSEAMERICAN:MAG) Receives Average Rating of "Buy" from Analysts

April 16, 2024 | Wall Street Star (Ad)

This Apple-like Innovator is Revolutionizing Healthcare

April 10, 2024 | msn.com

Rihanna Dresses Up as a Sultry Nun & More Looks in New ‘Interview Magazine’ Cover

April 6, 2024 | americanbankingnews.com

FY2024 EPS Estimates for MAG Silver Corp. (NYSEAMERICAN:MAG) Cut by HC Wainwright

April 5, 2024 | morningstar.com

MAG Silver Corp

April 5, 2024 | fool.com

Why Silver Stocks Popped This Week

April 4, 2024 | msn.com

‘Fantastic Four’ cast: Julia Garner to play Silver Surfer

April 4, 2024 | yahoo.com

Silver Star Awarded to Army Ranger Who Came to Aid of Fellow Troops During Battle of Mogadishu

April 4, 2024 | markets.businessinsider.com

Buy Rating Affirmed for MAG Silver Corp. on Strong Economic Potential and Increased Resources

April 3, 2024 | msn.com

The Fantastic Four Casts Its Silver Surfer and Potentially Confirms a Fan Theory in the Process - Report

April 3, 2024 | yahoo.com

Karlie Kloss’ and Joshua Kushner’s Life Magazine Relaunch Raises Questions

April 3, 2024 | finance.yahoo.com

Yukon publisher takes over N.W.T.-based Up Here magazine

April 2, 2024 | msn.com

Endeavor to Go Private in Deal With Silver Lake Valuing Company at $13 Billion

April 1, 2024 | dailymail.co.uk

Bianca Censori wears silver skintight jumpsuit for Easter Sunday with husband Kanye West and all four of his children

March 30, 2024 | nasdaq.com

CANADA STOCKS-TSX opens higher after economic data; MAG Silver rises

March 29, 2024 | msn.com

Beyoncé throws a lasso in leather chaps for W Magazine to celebrate ‘Cowboy Carter’

March 28, 2024 | msn.com

Penélope Cruz Turns Up the Heat in Lace Gown for Magazine Photoshoot

March 28, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Materials Companies: Lundin Gold (OtherLUGDF), MAG Silver (MAG) and Mosaic Co (MOS)

March 28, 2024 | msn.com

TSX opens higher after economic data; MAG Silver rises

March 27, 2024 | finanznachrichten.de

MAG Silver Corp.: MAG Silver Announces Robust Updated Technical Report for Juanicipio

See More Headlines

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Company Calendar

Last Earnings: 3/19/2024
Today: 4/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:MAG
CUSIP: N/A
CIK: N/A
Web: www.magsilver.com
Phone: 604-630-1399
Fax: 604-681-0894
Employees: 11
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.00
High Stock Price Target: $23.50
Low Stock Price Target: $13.50
Potential Upside/Downside: +52.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 25.15
Forward P/E Ratio: 25.15
P/E Growth: N/A
Net Income: $48.66 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 10.04%
Return on Assets: 9.82%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 15.04
Quick Ratio: 15.04

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.46 per share
Price / Cash Flow: 25.57
Book Value: $4.92 per share
Price / Book: 2.40

Miscellaneous

Outstanding Shares: 102,980,000
Free Float: 93,980,000
Market Cap: $1.22 billion
Optionable: Not Optionable
Beta: 1.15

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Key Executives

Mr. George N. Paspalas Acc.Dir (Age 61)
B.E. (Chem.), President, CEO & Non-Independent Director
Comp: $883.25k
Mr. Fausto Di Trapani
Chief Financial Officer
Mr. Michael John Curlook
Vice President of Investor Relations & Communications
Dr. Peter Kenneth McNeill Megaw CPG (Age 71)
Ph.D., Chief Exploration Officer
Comp: $440.51k
Mr. W. J. Mallory
Chief Sustainability Officer
Ms. Jill Neff (Age 46)
VP of Governance & Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MAG Stock Analysis - Frequently Asked Questions

Should I buy or sell MAG Silver stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?: 4 brokerages have issued twelve-month price targets for MAG Silver's shares. Their MAG share price targets range from $13.50 to $23.50. On average, they expect the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 52.3% 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 2024?: MAG Silver's stock was trading at $10.58 on January 1st, 2024. Since then, MAG shares have increased by 11.7% and is now trading at $11.82.
View the best growth stocks for 2024 here.
How were MAG Silver's earnings last quarter?: MAG Silver Corp. (NYSEAMERICAN:MAG) posted its quarterly earnings results on Tuesday, March, 19th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.01.

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), Silvercorp Metals (SVM), SSR Mining (SSRM), Alamos Gold (AGI), Alibaba Group (BABA) and Barrick Gold (GOLD).
Who are MAG Silver's major shareholders?: MAG Silver's stock is owned by many different retail and institutional investors. Top institutional shareholders include Banque Cantonale Vaudoise (0.01%).
View institutional ownership trends.
How do I buy shares of MAG Silver?: Shares of MAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:MAG) was last updated on 4/16/2024 by MarketBeat.com Staff

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