MAG : MAG Silver Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

MAG Silver Corp trades with the ticker MAG on the TSX and is in the Silver industry.

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

Looking to invest in MAG Silver Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

MAG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1252.889MM

PE Ratio: 28.976

Price: 9.23 (Updated: 3/12/2024 0:47:16)



MAG Silver Corp (MAG) vs Competitors in Silver

Lets see how MAG.TO stacks up against others in the Silver asset management industry. We have identified its main peers as:

Excellon Resources Inc, First Majestic Silver Corp, Minco Silver Corporation, Silvercorp Metals Inc

.

Silver Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Excellon Resources Inc (EXN) $5.153 N/A 5.774 N/A%
First Majestic Silver Corp (FR) $2,058.844 N/A -41.535 0.4%
MAG Silver Corp (MAG) $1,252.889 28.976 -79.066 N/A%
Minco Silver Corporation (MSV) $10.374 N/A 16.141 N/A%
Silvercorp Metals Inc (SVM) $645.393 15.87 4.211 0.9%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Silver

  • MAG Silver Corp (MAG) vs Excellon Resources Inc (EXN)
    • MAG has higher EPS (0.42 vs -0.09). EXN has a P/E under 0, indicating MAG (P/E 28.976) is in a better position.
  • MAG Silver Corp (MAG) vs First Majestic Silver Corp (FR)
    • MAG has higher EPS (0.42 vs -0.65). FR provides dividends, while MAG does not. FR has a P/E under 0, indicating MAG (P/E 28.976) is in a better position.
  • MAG Silver Corp (MAG) vs Minco Silver Corporation (MSV)
    • MAG has higher EPS (0.42 vs -0.05). MSV has a P/E under 0, indicating MAG (P/E 28.976) is in a better position.
  • MAG Silver Corp (MAG) vs Silvercorp Metals Inc (SVM)
    • MAG has higher EPS (0.42 vs 0.23). SVM provides dividends, while MAG does not. MAG has a higher P/E ratio (28.976 vs 15.87) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-79.07) than the industry average (-13.24), indicating attractive valuation.
 

How to Buy MAG stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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