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MAG Silver TSX:MAG Stock Report

Last Price

CA$23.58

Market Cap

CA$2.3b

7D

16.8%

1Y

35.4%

Updated

09 May, 2025

Data

Company Financials +

MAG Silver Corp.

TSX:MAG Stock Report

Market Cap: CA$2.3b

MAG Stock Overview

A mining and exploration company, engages in the acquisition, exploration, and advancement of mineral projects in Canada, the United States, and Mexico. More details

MAG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 0.8% below our estimate of its fair value

Revenue is forecast to grow 44.31% per year

Earnings grew by 55.7% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 14.6% per year for the next 3 years

Makes less than USD$1m in revenue ($0)

High level of non-cash earnings


Community vs My Fair Value

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MAG Silver Corp. Competitors

Fortuna Mining

TSX:FVI

CA$2.3b

Silvercorp Metals

TSX:SVM

CA$1.1b

Pan American Silver

TSX:PAAS

CA$12.9b

Andean Precious Metals

TSX:APM

CA$289.5m

Price History & Performance

Summary of share price highs, lows and changes for MAG Silver
Historical stock prices
Current Share PriceCA$23.58
52 Week HighCA$25.36
52 Week LowCA$15.64
Beta0.91
1 Month Change20.92%
3 Month Change4.57%
1 Year Change35.44%
3 Year Change36.30%
5 Year Change34.28%
Change since IPO29,375.00%

Recent News & Updates

Recent updates

Companies Like MAG Silver (TSE:MAG) Can Afford To Invest In Growth

Mar 31
Companies Like MAG Silver (TSE:MAG) Can Afford To Invest In Growth

Have Insiders Sold MAG Silver Corp. (TSE:MAG) Shares Recently?

Jan 13
Have Insiders Sold MAG Silver Corp. (TSE:MAG) Shares Recently?

We're Not Worried About MAG Silver's (TSE:MAG) Cash Burn

Dec 31
We're Not Worried About MAG Silver's (TSE:MAG) Cash Burn

Who Has Been Selling MAG Silver Corp. (TSE:MAG) Shares?

Nov 26
Who Has Been Selling MAG Silver Corp. (TSE:MAG) Shares?

Shareholder Returns

MAGCA Metals and MiningCA Market
7D16.8%3.2%2.2%
1Y35.4%20.4%10.6%

Return vs Industry: MAG exceeded the Canadian Metals and Mining industry which returned 20.4% over the past year.

Return vs Market: MAG exceeded the Canadian Market which returned 10.6% over the past year.

Price Volatility

Is MAG's price volatile compared to industry and market?
MAG volatility
MAG Average Weekly Movement8.2%
Metals and Mining Industry Average Movement11.6%
Market Average Movement9.6%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.1%

Stable Share Price: MAG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MAG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aGeorge Paspalasmagsilver.com

MAG Silver Corp., a mining and exploration company, engages in the acquisition, exploration, and advancement of mineral projects in Canada, the United States, and Mexico. The company explores for silver, gold, lead, copper, and zinc deposits. Its flagship property is the 44% owned Juanicipio mine located in the Fresnillo District, Zacatecas State, Mexico.

MAG Silver Corp. Fundamentals Summary

How do MAG Silver's earnings and revenue compare to its market cap?
MAG fundamental statistics
Market capCA$2.30b
Earnings (TTM)CA$127.61m
Revenue (TTM)n/a

19.1x

P/E Ratio

0.0x

P/S Ratio

Is MAG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAG income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$91.63m
EarningsUS$91.63m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 11, 2025

Earnings per share (EPS)0.89
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MAG perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 21:35
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MAG Silver Corp. is covered by 25 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin O'HalloranBMO Capital Markets Equity Research
Dalton BarettoCanaccord Genuity
Cosmos ChiuCIBC Capital Markets