MAG
MAG Silver
About: MAG Silver Corp is a Canadian mining company. It is focused on advancing high-grade, district-scale precious metals projects in the Americas. The Company's principal asset is in the Juanicipio Mine located in Zacatecas, Mexico, which produced around 4,000 tonnes per day commercially. The company is also Interested in the Larder project. Its operations are Juanicipio, Deer Trail, and Larder. The Juanicipio Mine recognizes silver, gold, lead, and zinc revenue from concentrate sales.
Employees: 537
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
279% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $6.74M
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
12% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 41
2.67% more ownership
Funds ownership: 42.35% [Q3] → 45.02% (+2.67%) [Q4]
0% more funds holding
Funds holding: 134 [Q3] → 134 (+0) [Q4]
3% less capital invested
Capital invested by funds: $654M [Q3] → $633M (-$20.9M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
11%
downside
Avg. target
$18.83
5%
upside
High target
$22
22%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 54% 1-year accuracy 106 / 195 met price target | 22%upside $22 | Buy Reiterated | 24 Apr 2025 |
Scotiabank Ovais Habib 54% 1-year accuracy 7 / 13 met price target | 3%upside $18.50 | Sector Outperform Maintained | 14 Apr 2025 |
Roth MKM Joe Reagor 38% 1-year accuracy 12 / 32 met price target | 11%downside $16 | Neutral Maintained | 25 Mar 2025 |
Financial journalist opinion
Based on 10 articles about MAG published over the past 30 days
Positive
Zacks Investment Research
2 days ago
MAG Silver (MAG) Upgraded to Strong Buy: What Does It Mean for the Stock?
MAG Silver (MAG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
2 days ago
Best Momentum Stock to Buy for May 13th
MAG, CPA and ALNT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 13, 2025.
Positive
Zacks Investment Research
2 days ago
Best Income Stocks to Buy for May 13th
CPA, BBVA and MAG made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 13, 2025.
Neutral
Proactive Investors
3 days ago
Pan American Silver to acquire MAG Silver in $2.1B deal
Pan American Silver Corp. (TSX:PAA, NASDAQ:PAAS) shares slumped more than 16% after it announced it will be acquiring MAG Silver Corp (TSX:MAG) in a deal valued of US$2.1 billion. Per the terms of the deal, MAG shareholders can choose to receive US$20.54 per share in cash, 0.755 common shares of Pan American per MAG share, or a mix of both, with the total cash portion capped at US$500 million.
Neutral
Business Wire
4 days ago
Pan American Silver Announces Agreement to Acquire MAG Silver Corp.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") and MAG Silver Corp. (NYSEAM:MAG) (TSX:MAG) ("MAG") are pleased to announce that they have entered into a definitive agreement whereby Pan American will acquire all of the issued and outstanding common shares of MAG pursuant to a plan of arrangement (the "Transaction"). MAG is a tier-one primary silver mining company through its 44% joint venture interest in the large-scale, high-gr.
Positive
Seeking Alpha
1 week ago
MAG Silver: Another Solid Quarter And More Shareholder Distributions
MAG Silver Corp. stock offers a good valuation and attractive shareholder distributions now. Q1 2025 results show strong performance, with record adjusted EBITDA of $56M and net income of $29M, driven by excellent silver grades and recoveries. Juanicipio project, co-owned with Fresnillo, continues to deliver stable operations and impressive margins, contributing to MAG Silver's robust financial health and capital distributions. MAG Silver is well-capitalized with $156M in cash and no debt, enabling consistent dividend payments and positioning it as a low-cost silver producer.
Neutral
GlobeNewsWire
1 week ago
MAG Silver Reports First Quarter Financial Results
VANCOUVER, British Columbia, May 08, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company's unaudited consolidated financial results for the three months ended March 31, 2025 (“Q1 2025”). For details of the unaudited condensed interim consolidated financial statements of the Company for the three months ended March 31, 2025 (“Q1 2025 Financial Statements”) and management's discussion and analysis for the three months ended March 31, 2025 (“Q1 2025 MD&A”), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus (“SEDAR+”) at (www.sedarplus.ca) or on the Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) at (www.sec.gov).
Neutral
GlobeNewsWire
1 week ago
MAG Announces Second Dividend
All amounts herein are reported in United States dollars (“US$”) unless otherwise specified VANCOUVER, British Columbia, May 08, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) declares a fixed dividend of $0.02 per share and an additional cash flow linked dividend of $0.18 per share (approximately 30% of the $61.5 million cash received from Juanicipio) for a total dividend of $0.20 per share payable on May 28, 2025 to shareholders on record as of May 19, 2025 (the “Dividend”). The Dividend qualifies as an “eligible dividend” as defined in the Income Tax Act (Canada).
Positive
Zacks Investment Research
2 weeks ago
Wall Street Analysts Believe MAG Silver (MAG) Could Rally 26.52%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 26.5% in MAG Silver (MAG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Neutral
GlobeNewsWire
3 weeks ago
MAG Announces First Quarter 2025 Production from Juanicipio
VANCOUVER, British Columbia, April 23, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the first quarter (“Q1”) ended March 31, 2025. Juanicipio delivered exceptional operational performance, record-breaking silver recovery, and robust output across all metals, cementing its status as a world-class silver operation.
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