MAG
MAG SilverMAG
MAG
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 achieved commercial production of around 4,000 tonnes per day. The company has also Interest in the Larder project. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in project in Utah. The Juanicipio Mine recognizes revenue for silver, gold, lead, and zinc from concentrate sales.
Employees: 2,032
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
3%
upside
Avg. target
$18.83
21%
upside
High target
$22
41%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 58% 1-year accuracy 115 / 200 met price target | 41%upside $22 | Buy Reiterated | 24 Apr 2025 |
Scotiabank Ovais Habib 69% 1-year accuracy 9 / 13 met price target | 19%upside $18.50 | Sector Outperform Maintained | 14 Apr 2025 |
Roth MKM Joe Reagor 31% 1-year accuracy 11 / 36 met price target | 3%upside $16 | Neutral Maintained | 25 Mar 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
16 hours 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
1 week 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.
Neutral
Zacks Investment Research
1 month ago
MAG Silver Q4 Earnings Miss Estimates, Rise Y/Y on Higher Volumes
MAG's 2024 earnings are revenues surpass estimates, driven by higher metal volumes and realized metal prices.
Positive
Seeking Alpha
1 month ago
MAG Silver: Impressive Free Cash Flow In Q4 And Now Paying A Quarterly Dividend
MAG Silver Corp.'s Q4 2024 results showed lower production due to lower grades, but full-year production exceeded revised guidance, leading to strong financials. Juanicipio mine's competitive AISC of $12/oz for the year contributed to MAG Silver's solid performance. Despite concerns over high exploration spending and management compensation, MAG Silver's valuation remains attractive with a 6% free cash flow yield and potential for mine life extension.
Neutral
GlobeNewsWire
1 month ago
MAG Silver Reports 2024 Annual Financial Results
VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company's consolidated financial results for the year ended December 31, 2024. For details of the audited consolidated financial statements of the Company for the year ended December 31, 2024 (“2024 Financial Statements”) and management's discussion and analysis for the year ended December 31, 2024 (“2024 MD&A”), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus (“SEDAR+”) at (www.sedarplus.ca) or on the Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) at (www.sec.gov).
Neutral
GlobeNewsWire
1 month ago
MAG Announces Dividend Policy and Inaugural Dividend
All amounts herein are reported in United States dollars (“US$”) unless otherwise specified VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that its Board of Directors (“Board”) has adopted a dividend policy for the Company under which the Company intends to pay quarterly fixed dividends of $0.02 per share. In addition, at average realised silver prices of above $20 per ounce, the Company intends to augment the fixed dividend with a cash flow linked dividend targeted at approximately 30% of cash flows from Juanicipio received by MAG every quarter and linked to net cash metrics as determined by the Board from time to time.
Positive
Zacks Investment Research
1 month ago
MAG Gears Up to Report Q4 Earnings: What's in Store for the Stock?
MAG Silver's Q4 results are likely to reflect gains from higher metal prices and lower costs somewhat offset by a decline in production.
Neutral
GlobeNewsWire
2 months ago
MAG Provides Exploration Update and Outlook for Larder and Deer Trail Projects
Confirms Deeper High-Grade Zones on Main Break; New Regional Zones at Larder Large Expansion of Carissa Zone at Deer Trail Points to Mineral Source
Positive
Zacks Investment Research
2 months ago
Is MAG Silver (MAG) Stock Outpacing Its Basic Materials Peers This Year?
Here is how MAG Silver (MAG) and NioCorp Developments Ltd. (NB) have performed compared to their sector so far this year.
Neutral
GlobeNewsWire
2 months ago
MAG Silver Appoints John Armstrong to the Board of Directors as Part of Planned Board Refreshment
VANCOUVER, British Columbia, Feb. 03, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) announces the appointment of John Armstrong to the Board of Directors, effective January 31, 2025, as part of MAG's planned Board refreshment.
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