Mag Silver Corp Stock Today

MAG Stock  USD 15.35  0.01  0.07%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 39

 
High
 
Low
Below Average
MAG Silver is trading at 15.35 as of the 28th of November 2024. This is a 0.07% increase since the beginning of the trading day. The stock's lowest day price was 15.34. MAG Silver has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on January 31, 2024, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of MAG Silver Corp's common stock.
Business Domain
Materials
IPO Date
30th of June 1989
Category
Basic Materials
MAG Silver Corp. engages in the exploration and development of precious metal mining properties. It primarily holds 44 percent interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver operates under Silver classification in the United States and is traded on AMEX Exchange. The company has 103.31 M outstanding shares of which 3.04 M shares are now shorted by investors with about 3.59 days to cover. More on MAG Silver Corp

Moving together with MAG Stock

  0.77AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.97AG First Majestic SilverPairCorr
  0.71HMY Harmony Gold Mining Earnings Call This WeekPairCorr

Moving against MAG Stock

  0.75GURE Gulf ResourcesPairCorr

MAG Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentBE AccDir
Thematic IdeaPrecious Metals (View all Themes)
Old NameMagnolia Bostad AB (publ)
Business ConcentrationMetals & Mining, Materials, Basic Materials, SP TSX Composite, Precious Metals, Materials, Metals & Mining, Silver, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current LiabilitiesM4.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.8 M12.2 M
Sufficiently Up
Slightly volatile
Total Assets547.1 M521.1 M
Sufficiently Up
Slightly volatile
Total Current Assets58.2 M72.1 M
Significantly Down
Pretty Stable
Debt Levels
MAG Silver can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MAG Silver's financial leverage. It provides some insight into what part of MAG Silver's total assets is financed by creditors.
Liquidity
MAG Silver Corp has 154 K in debt. MAG Silver Corp has a current ratio of 29.5, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MAG to invest in growth at high rates of return.

Change In Working Capital

(850,250)
MAG Silver Corp (MAG) is traded on NYSE MKT Exchange in USA. It is located in 800 West Pender Street, Vancouver, BC, Canada, V6C 2V6 and employs 18 people. MAG Silver is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.58 B. MAG Silver Corp runs under Metals & Mining sector within Materials industry. The entity has 103.31 M outstanding shares of which 3.04 M shares are now shorted by investors with about 3.59 days to cover. MAG Silver Corp has about 29.95 M in cash with (8.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
Check MAG Silver Probability Of Bankruptcy
Ownership Allocation
MAG Silver Corp maintains a total of 103.31 Million outstanding shares. Over half of MAG Silver's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that on January 31, 2024, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of MAG Silver Corp's common stock.
Check MAG Ownership Details

MAG Silver Historical Income Statement

At this time, MAG Silver's Other Operating Expenses is most likely to increase significantly in the upcoming years. The MAG Silver's current Operating Income is estimated to increase to about 53.3 M, while EBITDA is forecasted to increase to (13.3 M). View More Fundamentals

MAG Stock Against Markets

MAG Silver Corporate Directors

Jill LeversageIndependent DirectorProfile
Richard ClarkIndependent DirectorProfile
Selma LussenburgIndependent DirectorProfile
Derek WhiteIndependent DirectorProfile
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MAG Silver. If investors know MAG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MAG Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.51
Earnings Share
0.72
Return On Assets
(0.02)
Return On Equity
0.1403
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.