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MAG Silver Corp (TSE:MAG)
TSX:MAG
MAG Silver (MAG) Stock Price & Analysis
65 Followers
MAG Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$11.15 - C$18.33
Previous CloseC$18.2
Volume390.88K
Average Volume (3M)310.20K
Market Cap
C$1.97B
Enterprise ValueC$1.78B
Total Cash (Recent Filing)$74.68M
Total Debt (Recent Filing)$115.00K
Price to Earnings (P/E)23.6
Beta1.53
Next Earnings
Aug 12, 2024EPS Estimate
C$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.77
Shares Outstanding102,948,613
10 Day Avg. Volume241,152
30 Day Avg. Volume310,200
Standard Deviation0.14
R-Squared0.11
Alpha0.00731
Financial Highlights & Ratios
Price to Book (P/B)2.73
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-127.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda27.54
Forecast
1Y Price Target
C$20.95Price Target Upside9.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
MAG Silver News
PremiumCompany Announcements
MAG Silver Readies for 2024 Shareholder Meeting
PremiumCompany Announcements
MAG Silver Initiates Share Buyback Program
PremiumCompany Announcements
MAG Silver Launches Share Buyback Program
PremiumCompany Announcements
MAG Silver Prepares for $250M Securities Offering
PremiumCompany Announcements
MAG Silver Prepares $250M Securities OfferingBulls Say, Bears Say
Bulls Say
Financial PerformanceMAG Silver's recent financial results show a significant increase in income, highlighting the company's profitability and operational success.
Operational EfficiencyJuanicipio's pre-feasibility study reveals better than expected unit costs and an increase in mineral resources, bolstering confidence in the project's efficiency and value.
Resource ExpansionContinuous resource growth at the Juanicipio mine, marked by a 33% increase in mineral resources, points to a promising future for MAG Silver's production capabilities.
Bears Say
Commodity Market RisksMAG Silver faces risks including commodity price fluctuations, capital increases, operational challenges, political instability, and joint venture uncertainties.
Production EfficiencyMetallurgical recoveries and throughput figures were lower than anticipated, impacting the net asset value negatively.
Resource QualityMeasured and Indicated Mineral Resources show declined silver and gold grades, affecting the potential profitability and valuation of the mining assets.
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Options Prices
Currently, No data available
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Ownership Overview
23.63% Insiders
8.36% Mutual Funds
32.72% Other Institutional Investors
35.29% Public Companies and
Individual Investors
MAG FAQ
What was MAG Silver Corp’s price range in the past 12 months?
MAG Silver Corp lowest stock price was C$11.15 and its highest was C$18.33 in the past 12 months.
What is MAG Silver Corp’s market cap?
Currently, no data Available
When is MAG Silver Corp’s upcoming earnings report date?
MAG Silver Corp’s upcoming earnings report date is Aug 12, 2024 which is in 86 days.
How were MAG Silver Corp’s earnings last quarter?
MAG Silver Corp released its earnings results on May 14, 2024. The company reported C$0.191 earnings per share for the quarter, beating the consensus estimate of C$0.146 by C$0.045.
Is MAG Silver Corp overvalued?
According to Wall Street analysts MAG Silver Corp’s price is currently Undervalued.
Does MAG Silver Corp pay dividends?
MAG Silver Corp does not currently pay dividends.
What is MAG Silver Corp’s EPS estimate?
MAG Silver Corp’s EPS estimate is C$0.18.
How many shares outstanding does MAG Silver Corp have?
MAG Silver Corp has 103,143,080 shares outstanding.
What happened to MAG Silver Corp’s price movement after its last earnings report?
MAG Silver Corp reported an EPS of C$0.191 in its last earnings report, beating expectations of C$0.146. Following the earnings report the stock price went up 3.536%.
Which hedge fund is a major shareholder of MAG Silver Corp?
Among the largest hedge funds holding MAG Silver Corp’s share is First Eagle Investment Management LLC. It holds MAG Silver Corp’s shares valued at 66M.
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MAG Silver Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
C$20.95 (9.54% Upside)
C$20.95 (9.54% Upside)
Blogger Sentiment
Neutral
TSE:MAG Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 449.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.15%
12-Months-Change
Fundamentals
Return on Equity
11.97%
Trailing 12-Months
Asset Growth
14.73%
Trailing 12-Months
Company Description
MAG Silver Corp
MAG Silver Corp. engages in the exploration, acquisition, and development of mineral properties. It focuses on silver projects located in the Mexican Silver Belt including Juanicipio and Cinco de Mayo in Mexico. The company was founded on April 21, 1999 and is headquartered in Vancouver, Canada.
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MAG Stock 12 Month Forecast
Average Price Target
C$20.95
▲(9.54% Upside)
Technical Analysis
Hecla Mining Company
―
MAG Silver
―
First Majestic Silver
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Coeur Mining
―
Fortuna Silver Mines
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Best Analysts Covering MAG
1 Year
1 Year Success Rate
9/14 ratings generated profit
1 Year Average Return
+7.00%
reiterated a buy rating 29 days ago
Copying Don DeMarco's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +7.00% per trade.
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