MAG Silver Corp MAG
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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MAG Silver Announces Intention to Make Normal Course Issuer Bid for Common Shares
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Mag Silver Announces Filing of Preliminary Base Shelf Prospectus
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MAG Silver Reports First Quarter Financial Results
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MAG Announces First Quarter 2024 Production From Juanicipio
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MAG Silver Announces Robust Updated Technical Report for Juanicipio
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MAG Silver Provides Notice of Updated Juanicipio Technical Report
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MAG Silver Reports 2023 Annual Financial Results
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MAG Silver Reports Preliminary 2024 Juanicipio Guidance
Trading Information
- Previous Close Price
- CAD 18.20
- Day Range
- CAD 18.50–19.14
- 52-Week Range
- CAD 11.15–19.14
- Bid/Ask
- CAD 19.06 / CAD 19.17
- Market Cap
- CAD 1.97 Bil
- Volume/Avg
- 390,883 / 311,481
Key Statistics
- Price/Earnings (Normalized)
- 23.11
- Price/Sales
- —
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
MAG Silver Corp is a Canadian mining company. It is focused on advancing high-grade, district-scale precious metals projects in the Americas. The Company’s principal asset is in the Juanicipio Mine located in Zacatecas, Mexico, which achieved commercial production of around 4,000 tonnes per day. The company has also Interest in the Larder project. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in project in Utah. The Juanicipio Mine recognizes revenue for silver, gold, lead, and zinc from concentrate sales.
- Sector
- Basic Materials
- Industry
- Silver
- Stock Style Box
- Small Growth
- Total Number of Employees
- 2,032
- Website
- https://www.magsilver.com
Comparables
Valuation
Metric
|
MAG
|
AMC
|
DSV
|
---|---|---|---|
Price/Earnings (Normalized) | 23.11 | — | — |
Price/Book Value | 2.65 | 10.79 | 4.46 |
Price/Sales | — | — | — |
Price/Cash Flow | — | — | — |
Price/Earnings
MAG
AMC
DSV
Financial Strength
Metric
|
MAG
|
AMC
|
DSV
|
---|---|---|---|
Quick Ratio | 14.20 | 29.82 | 5.06 |
Current Ratio | 14.66 | 30.23 | 5.08 |
Interest Coverage | — | — | −989.44 |
Quick Ratio
MAG
AMC
DSV
Profitability
Metric
|
MAG
|
AMC
|
DSV
|
---|---|---|---|
Return on Assets (Normalized) | 12.28% | −61.29% | −6.12% |
Return on Equity (Normalized) | 12.57% | −63.16% | −7.91% |
Return on Invested Capital (Normalized) | 12.04% | −67.78% | −9.35% |
Return on Assets
MAG
AMC
DSV
Silver Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
AG
| First Majestic Silver Corp | — | Pnwy | $2.3 Bil | |
AYASF
| Aya Gold & Silver Inc | — | Zmcvq | $1.5 Bil | |
MAG
| MAG Silver Corp | — | Bvflpk | $1.4 Bil | |
SVM
| Silvercorp Metals Inc | — | Ysdm | $696.1 Mil | |
DSVSF
| Discovery Silver Corp | — | Lqbd | $338.4 Mil | |
DOLLF
| Dolly Varden Silver Corp | — | Lvpd | $250.9 Mil | |
SLVMF
| Silver Mines Ltd | — | Dpwtq | $191.4 Mil | |
BADEF
| Hercules Silver Corp Ordinary Shares | — | Pfpy | $160.7 Mil | |
ANPMF
| Andean Precious Metals Corp Ordinary Shares | — | Bjy | $100.1 Mil | |
GSVRF
| Guanajuato Silver Co Ltd | — | Pks | $70.8 Mil |