MAG Silver (MAG.TO) Stock Price

MAG Silver Price

TSX·CLOSED
34.38
​
Market closed

Revenue has compounded at 50.9% per year over the past 2 years to 92.88 M USD. Earnings per share have grown at 127.9% per year over the last 3 years. MAG Silver's net margin stands at 83.7%, up from 43.3% several years earlier. Analysts set a median price target of 22.36 USD, implying 35.0% below the current price. Of 12 analysts, 7 rate the stock a buy — an overall Buy consensus.

MAG Silver stock price

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MAG Silver business model & stock analysis

MAG Silver Corp is a Canadian company specializing in the exploration, development, and operation of mineral concessions. The company was founded in 2003 and is headquartered in Vancouver, Canada. MAG Silver Corp is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). History: MAG Silver Corp has its roots in a partnership between the industrial group Industrias Peñoles, the largest silver producer in Mexico, and Western Silver Corporation, a Canadian mineral exploration company. The partnership was established in 2002 when Industrias Peñoles acquired a stake in Western Silver and together they developed the Juanicipio project in Mexico. In 2003, MAG Silver Corp was founded and acquired the shares of Western Silver Corporation in the partnership, including the Juanicipio project. Since then, MAG Silver Corp has successfully developed the Juanicipio project and acquired additional mineral concessions to expand its portfolio. Business model: MAG Silver Corp is an explorer-developer company focusing on the discovery and development of high-grade silver and gold deposits. MAG Silver Corp's business model is based on the identification of promising mineral deposits through exploration, followed by the development and operation of mining projects. The company specializes in the exploration of properties in Mexico, as it is one of the world's key regions for silver mining. MAG Silver Corp focuses on identifying properties with high potential for silver and other precious metals mining. Divisions and products: MAG Silver Corp is primarily involved in the exploration and development of mineral concessions. The company is currently involved in several projects, including: - Juanicipio project: The Juanicipio project is MAG Silver Corp's flagship project. Located in the Mexican state of Zacatecas, the project is being developed in partnership with Fresnillo plc, the world's largest silver producer. The Juanicipio project has an estimated resource of 57.5 million ounces of silver and 575,000 ounces of gold. - Salamandra project: The Salamandra project is a high-grade silver-gold project in the Mexican state of Durango. The deposit is currently being explored by MAG Silver Corp and a joint venture partner. - Deer Trail project: The Deer Trail project is a high-grade silver and zinc property in the US state of Utah. The project is currently in the exploration phase. MAG Silver Corp does not offer specific products but focuses on the identification and exploration of silver, gold, and other precious metal deposits. Conclusion: MAG Silver Corp is an explorer-developer company specializing in the exploration, development, and operation of mineral concessions. The company is currently involved in several projects, including the Juanicipio project, which is considered one of the world's largest silver deposits. MAG Silver Corp's business model is based on the identification of promising mineral concessions through exploration, followed by the development and operation of mining projects. The company is headquartered in Vancouver, Canada, and is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE).

Frequently asked questions about MAG Silver

The business model of MAG Silver Corp revolves around the exploration and development of high-grade silver projects. As a mining company, MAG Silver primarily focuses on acquiring and advancing mineral properties in the Mexican silver belt, with a particular emphasis on the Juanicipio property. Juanicipio, a joint venture with Fresnillo Plc, holds significant silver and gold resources. MAG Silver combines geological expertise, state-of-the-art technology, and strategic partnerships to explore, evaluate, and potentially exploit precious metal deposits. By capitalizing on its extensive knowledge and experience in the silver industry, MAG Silver aims to maximize the value of its assets and deliver long-term sustainable growth for its shareholders.

MAG Silver Corp primarily operates in the precious metal mining industry.

The main competitors of MAG Silver Corp in the market are other silver mining companies like Fresnillo plc, Hecla Mining Company, Coeur Mining Inc., and Pan American Silver Corp.

MAG Silver Corp is a renowned Canadian mining company primarily focused on the exploration and development of high-quality silver projects. Founded in 2003, MAG Silver Corp has established itself as a prominent player in the precious metals industry, with a particular emphasis on silver assets. The company holds a significant interest in the Juanicipio property in Mexico, which is a joint venture with Fresnillo plc. MAG Silver Corp's experienced management team and strong partnerships have contributed to its success in advancing world-class silver projects. With a commitment to responsible mining practices, MAG Silver Corp continues to strive for excellence in the silver mining sector.

MAG Silver Corp has achieved several significant milestones throughout its history. One notable accomplishment is the development and exploration of the Juanicipio project located in Mexico. In partnership with Fresnillo plc, MAG Silver Corp has successfully advanced the project, which is now in production and expected to become a world-class silver mine. Another major achievement is the company's strong financial position with a solid balance sheet, allowing for the continued growth and expansion of its operations. Furthermore, MAG Silver Corp has received multiple prestigious awards and recognition for its commitment to sustainability and corporate responsibility.

MAG Silver Corp is primarily present in Mexico, with most of its operations located in the country. The company focuses on exploring and developing high-quality silver assets in the Juanicipio property, Zacatecas district, located in central Mexico.

MAG Silver Corp represents strong values and a clear corporate philosophy. The company is committed to conducting its business operations with integrity, transparency, and accountability. MAG Silver Corp focuses on maximizing shareholder value through responsible mining practices and sustainable development. The company strives to maintain strong relationships with local communities, respecting their cultural heritage and investing in their socio-economic development. MAG Silver Corp is dedicated to creating a safe and inclusive working environment for its employees, fostering innovation, and continually improving its operational efficiency. With its commitment to ethical business practices and responsible resource development, MAG Silver Corp aims to be a leader in the silver mining industry.

Analysts currently set an average price target of 22.11 USD for the MAG Silver stock (median: 22.36 USD), implying -35.7 % versus the latest price. The consensus is based on 12 analyst ratings.

12 analysts currently rate the MAG Silver stock: 7 recommend buying, 4 holding and 1 selling. For 2026, analysts expect MAG Silver to generate revenue of 153.52 M USD and earnings per share of 0.85 USD.

Converted at the current exchange rate, the MAG Silver share trades at 30.69 EUR (34.38 USD).

The MAG Silver share (MAG.TO) is listed on 6 stock exchanges, including: London (0V56.L), Toronto (MAG.TO), Frankfurt (MQ8.F), München (MQ8.MU), Düsseldorf (MQ8.DU).

MAG Silver Corp is a Canadian mining company that specializes in the exploratory development and production of high-grade silver and gold deposits. The company was founded in 2003 and is now recognized as one of the leading silver producers in Mexico. The company's business model focuses on identifying and exploring silver and gold deposits in Mexico, particularly in the Durango and Chihuahua regions. The company has conducted extensive exploration and drilling activities in recent years to identify new deposits and expand existing ones. The company is divided into two main business segments: exploration and development projects, and production. In the exploration and development segment, the company identifies and develops new silver and gold deposits in Mexico. Currently, the company is actively involved in four projects in this segment: Juanicipio, Salamandra, Corazon, and Antenna. The Juanicipio project, in collaboration with joint venture partner Fresnillo plc, is the largest exploration and development project of MAG Silver Corp and is located in the Zacatecas region. The project hosts some of the largest and highest-grade silver and gold reserves in the world and is expected to begin production in 2020. The Salamandra project, located in the Durango region, is the second-largest exploration and development project of MAG Silver Corp. The project has significant potential as it is expected to have high silver and gold grades. In the production segment, MAG Silver Corp operates the Juanicipio project in collaboration with Fresnillo plc. The company has an agreement for its share in the project and is expected to produce 19.5 million ounces of silver and 57,000 ounces of gold annually. MAG Silver Corp is known for its high production quality and excellent exploration technology. The company places great importance on sustainability and environmental protection and adheres to the strictest standards and guidelines regarding the safety of its employees and the communities in which it operates. The company has a strong market presence and is listed on various exchanges, including the Toronto Stock Exchange and the New York Stock Exchange. The company has a broad investor base and has a high reputation in the mining industry. In summary, MAG Silver Corp is a leading mining company specializing in silver and gold exploration and production. The company operates multiple exploration and development projects and is involved in the production of high-quality silver and gold. The company is known for its high production quality, technological advancement, and commitment to sustainability and environmental protection. The company shows strong potential and is recognized as a leading company in its category.

The expected revenue of MAG Silver is 153.52 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of MAG Silver is 88.17 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of MAG Silver is currently 40.62. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MAG Silver stock.

The price-to-sales ratio (P/S) of MAG Silver is currently 23.33. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MAG Silver stock.

The Eulerpool Quality Score for MAG Silver is 6/10.

The ISIN of MAG Silver is CA55903Q1046. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of MAG Silver is 460241. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of MAG Silver is MAG.TO. The ticker symbol is used to trade MAG Silver shares on the stock exchange.

Fair ValueTerminal
28.88 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Metals & Mining
Number of shares
Employees
Revenue per Employee
11.61 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
USD
Initial public offering
Apr 19, 2000
ISIN
CA55903Q1046
Cusip
55903Q104
Sedol
2581332
Market capitalization
3.58 B USDMid Cap
52-Week Range
PEG
-5.06
P/E ratio
P/Ee 2025
30.78
P/Ee 2026
40.62
P/Ee 2027
39.13
P/Ee 2028
45.09
P/Se
21.17
EV/EBIT
43.08
P/B Ratio
6.06
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
13.10 %
Last updated Oct 24, 2026, 3:53 AM

MAG Silver Ticker

AMEX · MAGDÜSSELDORF · MQ8.DUFRANKFURT · MQ8.FLONDON · 0V56.LMUNICH · MQ8.MUTSX · MAG.TO

MAG Silver FIGI

MAG:CN · BBG000BBN1C1MAG:CT · BBG000BBN2F6MAG:CJ · BBG000BBN5N0MAG:TR · BBG000BBN676MAG:TX · BBG000BBN6T2MAG:TA · BBG000BBN7D7MAG:TG · BBG000BBN890MAG:TK · BBG000BBN9Q9MQ8:GR · BBG000BKNYR3MQ8:GF · BBG000BKNZ18MQ8:GD · BBG000BKNZD5MQ8:GS · BBG000BKP0B2

All fundamentals and in-depth analysis of MAG Silver

Our stock analysis for MAG Silver stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MAG Silver. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.