Should I buy or sell MAG Silver stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MAG shares. View MAG analyst ratings or view top-rated stocks .

What is MAG Silver's stock price target for 2024?

6 Wall Street research analysts have issued 12 month price targets for MAG Silver's stock. Their MAG share price targets range from C$17.50 to C$21.00. On average, they anticipate the company's stock price to reach C$19.00 in the next twelve months. This suggests a possible upside of 13.4% 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 C$13.79 at the beginning of the year. Since then, MAG shares have increased by 21.5% and is now trading at C$16.75. View the best growth stocks for 2024 here .

When is MAG Silver's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our MAG earnings forecast .

How were MAG Silver's earnings last quarter?

MAG Silver Corp. (TSE:MAG) posted its quarterly earnings data on Tuesday, March, 19th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 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 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) .

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 .

TSE:MAG

MAG Silver (MAG) Stock Price, News & Analysis

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Free MAG Stock Alerts

C$16.73

+0.04 (+0.24%)

(As of 02:02 PM ET)

Compare

Today's Range: C$16.68
▼
C$17.04
50-Day Range: C$11.19
▼
C$17.10
52-Week Range: C$11.15
▼
C$18.51

Volume: 118,174 shs
Average Volume: 272,978 shs
Market Capitalization: C$1.72 billion

P/E Ratio: 26.14
Dividend Yield: N/A
Price Target: C$19.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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MAG Silver MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 13.4% Upside
C$19.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.07
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$1.75 M Sold Last Quarter
Proj. Earnings Growth: N/A

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.

2.18 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
MAG Silver has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
MAG Silver has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MAG.

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.

2.8

News and Social Media Coverage

News Sentiment
MAG Silver has a news sentiment score of 0.07. 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 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for MAG Silver this week, compared to 0 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 50% compared to the previous 30 days.
MarketBeat Follows
2 people have added MAG Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MAG Silver insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,752,125.00 in company stock.
Percentage Held by Insiders
Only 0.47% of the stock of MAG Silver is held by insiders.
Percentage Held by Institutions
56.42% of the stock of MAG Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of MAG Silver is 26.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of MAG Silver is 26.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 130.74.
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 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About MAG Silver Stock (TSE:MAG)

MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property 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 16, 2024 | insidertrades.com

Michael John Curlook Sells 18,779 Shares of MAG Silver Corp. (TSE:MAG) Stock

April 6, 2024 | insidertrades.com

Insider Selling: MAG Silver Corp. (TSE:MAG) Director Sells 11,634 Shares of Stock

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 6, 2024 | insidertrades.com

Insider Selling: MAG Silver Corp. (TSE:MAG) Senior Officer Sells 76,291 Shares of Stock

April 16, 2024 | americanbankingnews.com

MAG Silver Corp. (TSE:MAG) Senior Officer Michael John Curlook Sells 18,779 Shares of Stock

April 8, 2024 | americanbankingnews.com

HC Wainwright Weighs in on MAG Silver Corp.'s FY2024 Earnings (TSE:MAG)

April 7, 2024 | msn.com

Beyoncé suits up in Western style for second W Magazine cover

April 7, 2024 | msn.com

How Can the Silver Surfer Be a Woman? Fantastic Four's Shalla-Bal Explained

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 30, 2024 | yahoo.com

Black in style: Beyoncé reminds W magazine ‘Cowboy Carter’ isn’t her first rodeo

March 22, 2024 | benzinga.com

Silver Stock's Q4 Earnings Beat Estimate

March 20, 2024 | finance.yahoo.com

MAG Nov 2024 10.000 put

March 19, 2024 | stockhouse.com

MAG Silver Reports 2023 Annual Financial Results

March 18, 2024 | afr.com

Uber’s court loss comes straight from the silver screen

February 26, 2024 | seekingalpha.com

MAG Silver: With Risk Aversion, Longer Headwinds Ahead

February 23, 2024 | msn.com

EDITORIAL: New poll bad news for Joe Biden in the Silver State

January 23, 2024 | msn.com

This Designer’s Magazine Rack Is an Extension of Her Wardrobe

November 29, 2023 | markets.businessinsider.com

Analysts Are Bullish on These Materials Stocks: Osino Resources (OSIIF), MAG Silver (MAG)

November 22, 2023 | msn.com

Billie Eilish and Finneas Are Opening a New Vegan Restaurant in Silver Lake (Exclusive)

November 13, 2023 | finance.yahoo.com

MAG Silver (MAG) Q3 Earnings Miss Estimates, Increase Y/Y

July 19, 2023 | finance.yahoo.com

Wall Street Analysts Predict a 49.96% Upside in MAG Silver (MAG): Here's What You Should Know

July 19, 2023 | finance.yahoo.com

Wall Street Analysts Predict a 49.96% Upside in MAG Silver (MAG): Here's What You Should Know

July 13, 2023 | benzinga.com

Stifel Maintains Buy on MAG Silver, Lowers Price Target to $22.75

June 27, 2023 | finanznachrichten.de

MAG Silver Corp.: MAG Reports AGSM Results

June 8, 2023 | msn.com

STIFEL CANADA Maintains MAG Silver (TSX:MAG) Buy Recommendation

June 5, 2023 | msn.com

MAG Silver says commercial production achieved at Juanicipio mine

April 22, 2023 | markets.businessinsider.com

Freeport-McMoRan (FCX): New Buy Recommendation for This Basic Materials Giant

See More Headlines

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Company Calendar

Last Earnings: 3/19/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Silver
Sub-Industry: N/A
Current Symbol: TSE:MAG
CUSIP: 55903Q104
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 Stock Price Target: C$19.00
High Stock Price Target: C$21.00
Low Stock Price Target: C$17.50
Potential Upside/Downside: +13.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.64
Trailing P/E Ratio: 26.17
Forward P/E Ratio: 30.19
P/E Growth: 0.84
Net Income: C$48.66 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 10.71%
Return on Assets: -1.93%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 15.04
Quick Ratio: 25.31

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.32 per share
Price / Cash Flow: 53.05
Book Value: C$4.92 per share
Price / Book: 3.40

Miscellaneous

Outstanding Shares: 102,980,000
Free Float: N/A
Market Cap: C$1.72 billion
Optionable: Not Optionable
Beta: 1.00

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Key Executives

Mr. George N. Paspalas Acc.Dir (Age 61)
B.E. (Chem.), President, CEO & Non-Independent Director
Comp: $1.2M
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: $596.09k
Mr. W. J. Mallory
Chief Sustainability Officer
Ms. Jill Neff (Age 46)
VP of Governance & Corporate Secretary

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MAG Stock Analysis - Frequently Asked Questions

Should I buy or sell MAG Silver stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MAG shares.
View MAG analyst ratings or view top-rated stocks.
What is MAG Silver's stock price target for 2024?: 6 Wall Street research analysts have issued 12 month price targets for MAG Silver's stock. Their MAG share price targets range from C$17.50 to C$21.00. On average, they anticipate the company's stock price to reach C$19.00 in the next twelve months. This suggests a possible upside of 13.4% 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 C$13.79 at the beginning of the year. Since then, MAG shares have increased by 21.5% and is now trading at C$16.75.
View the best growth stocks for 2024 here.
When is MAG Silver's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MAG earnings forecast.

How were MAG Silver's earnings last quarter?: MAG Silver Corp. (TSE:MAG) posted its quarterly earnings data on Tuesday, March, 19th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 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 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).
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.

This page (TSE:MAG) was last updated on 4/18/2024 by MarketBeat.com Staff

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MAG Silver (MAG) Stock Price, News & Analysis

MAG Silver MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MAG Silver Stock (TSE:MAG)

MAG Stock Price History

MAG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MAG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™