Streetbeat News

MAG

MAG Silver Corp.

https://www.magsilver.com

Industry

Silver

MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.

Open

16.48

Mkt cap

1.7B

Volume

548K

High

16.58

P/E Ratio

22.32

52-wk high

18.27

Low

15.85

Div yield

N/A

52-wk low

8.94

Canaccord Genuity analyst Dalton Baretto maintains a Buy rating on MAG Silver and raises the price target from C$22 to C$23.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 8:50 pm

HC Wainwright & Co. has reiterated its Buy rating on MAG Silver (AMEX:MAG) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 7:24 pm

MAG Silver processed 336,593 tonnes of ore from Juanicipio in Q2, exceeding expectations with preliminary production estimates of 5.0M silver ounces and 9,267 gold ounces.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:00 am

Scotiabank analyst Ovais Habib maintains a Sector Outperform rating on MAG Silver and raises the price target from $13.5 to $14.5.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:12 pm

CIBC analyst Cosmos Chiu maintains a Neutral rating on MAG Silver and raises the price target from C$17.5 to C$22.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:09 pm

HC Wainwright & Co. has reiterated its Buy rating on MAG Silver (AMEX:MAG) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 4:08 pm

Stifel analyst Stephen Soock maintains a Buy rating on MAG Silver (AMEX:MAG) and raises the price target from $20.25 to $20.5.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:08 pm

MAG Silver Corp. has filed a preliminary short form base shelf prospectus in Canada and plans to file a corresponding registration statement in the U.S. This will allow the company to offer up to $250M of various securities over a 25-month period once the final prospectus is effective.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 7:44 pm

MAG Silver reported Q1 earnings of $0.14 per share, surpassing the consensus estimate of $0.13, marking a 180% increase from last year's $0.05. Sales rose 46.63% YoY to $827K.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 7:42 pm

MAG Silver's stock price increased following HC Wainwright's decision to maintain a Buy rating and raise its price target from $16 to $17.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 7:30 pm

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