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. is headquartered in Vancouver, Canada.
Silver Surge | MAG Silver's Juanicipio mine outperforms expectations with Q2 silver production soaring 35% above forecasts, driven by high-grade deposits |
Financial Fortitude | Explore MAG's robust financial performance, with Q1 EPS of $0.14 surpassing estimates, bolstered by lower operating costs and strong free cash flow |
Strategic Expansion | Delve into MAG's acquisition of the adjacent Goldstake property, potentially extending mine life and enhancing long-term growth prospects |
Market Positioning | Analysts maintain a positive outlook on MAG Silver, with BMO Capital Markets setting a $24.00 price target, reflecting confidence in the company's future |
Metrics to compare | MAG | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipMAGPeersSector | |
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P/E Ratio | 20.6x | 7.0x | 1.4x | |
PEG Ratio | 0.35 | 0.04 | 0.00 | |
Price/Book | 2.7x | 2.1x | 1.6x | |
Price / LTM Sales | - | 2.4x | 1.2x | |
Upside (Analyst Target) | 11.4% | 38.8% | 31.6% | |
Fair Value Upside | Unlock | 4.2% | 3.8% | Unlock |