MAG Silver Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:MAG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Dec 24	SellCA$1,094,100	George Paspalas	Individual	50,024	CA$21.87
27 Aug 24	BuyCA$18,137	Thomas Peregoodoff	Individual	1,000	CA$18.14
15 Apr 24	BuyCA$9,888	Thomas Peregoodoff	Individual	600	CA$16.48

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MAG?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	11,085	0.0107%
Individual Insiders	370,854	0.358%
Public Companies	9,319,650	9.01%
General Public	31,257,749	30.2%
Institutions	62,490,402	60.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 57.81% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.2%	BlackRock, Inc.	10,561,414	CA$237.0m	-16.9%	no data
9.01%	Industrias Peñoles, S.A.B. de C.V.	9,319,650	CA$209.1m	0%	no data
9%	Van Eck Associates Corporation	9,309,431	CA$208.9m	-9.01%	0.15%
7.58%	First Eagle Investment Management, LLC	7,839,793	CA$175.9m	46.5%	0.16%
3.05%	Jupiter Fund Management Plc	3,154,829	CA$70.8m	0%	0.14%
2.58%	Tidal Investments LLC	2,673,931	CA$60.0m	-4.84%	0.34%
2.56%	Sprott Inc.	2,649,507	CA$59.5m	8.53%	1.66%
2.12%	Mirae Asset Global Investments Co., Ltd.	2,197,341	CA$49.3m	-14%	0.03%
1.35%	RBC Global Asset Management Inc.	1,393,603	CA$31.3m	-4.67%	0.01%
1.12%	Connor, Clark & Lunn Investment Management Ltd.	1,161,605	CA$26.1m	6.73%	0.08%
1.04%	TD Asset Management, Inc.	1,072,335	CA$24.1m	0.71%	0.01%
0.86%	Millennium Management LLC	886,203	CA$19.9m	3,320%	0.01%
0.86%	Nokomis Capital, L.L.C.	885,043	CA$19.9m	0%	6.53%
0.69%	CI Global Asset Management	717,958	CA$16.1m	-0.01%	0.02%
0.65%	Commodity Capital AG	670,000	CA$15.0m	0%	10.74%
0.61%	Azarias Capital Management, L.P.	629,005	CA$14.1m	-17.1%	5.24%
0.59%	Gilder Gagnon Howe & Co. LLC	614,187	CA$13.8m	-1.15%	0.11%
0.58%	DZ Bank AG, Asset Management Arm	600,000	CA$13.5m	0%	0.09%
0.58%	Kohlhase & Stower Asset Management GmbH	600,000	CA$13.5m	0%	2.34%
0.49%	Amundi Asset Management SAS	507,941	CA$11.4m	34.3%	no data
0.48%	Janus Henderson Group plc	495,472	CA$11.1m	-10.5%	no data
0.47%	Universal Investment GmbH	487,700	CA$10.9m	0%	0.01%
0.45%	Invesco Ltd.	465,917	CA$10.5m	0.01%	no data
0.44%	JPMorgan Chase & Co, Brokerage and Securities Investments	456,797	CA$10.3m	0.45%	no data
0.44%	Oppenheimer Asset Management Inc.	451,121	CA$10.1m	-0.63%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/30 10:02
End of Day Share Price	2025/03/28 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 27 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kevin O'Halloran	BMO Capital Markets Equity Research
Dalton Baretto	Canaccord Genuity
Cosmos Chiu	CIBC Capital Markets