MAG: MAG Silver Corp.
About
MAG Silver Corp. operates as a Canadian development and exploration company, which focuses on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Its principal focus and asset is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the Operator. The project is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where the Juanicipio shareholders are currently developing an underground mine and constructing a 4,000 tonnes per day processing plant. MAG is also exploring at the Deer Trail 100% earn-in project in Utah. The company was founded by Peter Kenneth McNeill Megaw, Frank R. Hallam and Michael R. Jones on April 21, 1999 and is headquartered in Vancouver, Canada.
Current Value
$15.871 Year Return
Current Value
$15.871 Year Return
Key Details
Market Cap
$1.63B
P/E Ratio
21.84
1Y Stock Return
47.20%
1Y Revenue Growth
0.00%
Dividend Yield
0.00%
Price to Book
2.9
Strategies that include MAG
Stock's related to MAG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PAAS | 85.93% | $8.26B | +56.04% | 1.78% |
| AG | 82.28% | $2.01B | +21.76% | 0.28% |
| HL | 80.90% | $3.63B | +21.79% | 0.58% |
| AEM | 79.03% | $41.35B | +66.46% | 1.95% |
| SAND | 77.54% | $1.68B | +20.68% | 1.04% |
| SILV | 77.32% | $1.55B | +88.25% | 0.00% |
| CDE | 76.95% | $2.66B | +143.96% | 0.00% |
| RGLD | 76.85% | $9.72B | +27.40% | 1.09% |
| FSM | 76.27% | $1.51B | +32.33% | 0.00% |
| WPM | 76.16% | $28.40B | +33.23% | 0.99% |
| ABX | 75.97% | $30.98B | +9.45% | 2.27% |
| PSLV | 75.15% | - | - | 0.00% |
| AGI | 74.70% | $7.89B | +39.60% | 0.53% |
| KGC | 74.57% | $12.29B | +84.16% | 1.21% |
| CEF | 74.39% | - | - | 0.00% |
| XASAX | 74.33% | - | - | 0.20% |
| EDR | 73.90% | $1.22B | +123.53% | 0.00% |
| SVM | 72.55% | $881.13M | +68.75% | 0.71% |
| NGD | 70.60% | $2.20B | +112.21% | 0.00% |
| DRD | 70.34% | $854.61M | +13.63% | 2.30% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| XOS | 0.03% | $30.51M | -57.24% | 0.00% |
| ORLY | 0.14% | $69.31B | +22.06% | 0.00% |
| LICY | -0.31% | $53.41M | -60.56% | 0.00% |
| CSTE | 0.38% | $134.01M | +2.92% | 0.00% |
| LPTH | 0.41% | $62.27M | +33.05% | 0.00% |
| KNSL | 0.43% | $10.93B | +29.38% | 0.13% |
| VZIO | 0.45% | $2.29B | +67.76% | 0.00% |
| ACGL | 0.47% | $36.00B | +16.84% | 0.00% |
| EIG | -0.49% | $1.30B | +38.83% | 2.25% |
| TLPH | -0.50% | $11.41M | +9.85% | 0.00% |
| STVN | 0.59% | $4.95B | -32.48% | 0.32% |
| CL | 0.64% | $76.48B | +22.25% | 2.12% |
| HQY | -0.68% | $8.97B | +52.15% | 0.00% |
| PEP | 0.75% | $215.02B | -6.60% | 3.35% |
| TRVG | 0.77% | $37.05M | -37.92% | 0.00% |
| GAN | 0.77% | $83.39M | +21.19% | 0.00% |
| EYPT | -0.78% | $492.90M | +50.49% | 0.00% |
| FTNT | -0.91% | $69.59B | +72.67% | 0.00% |
| UUU | 0.96% | $4.97M | -41.89% | 0.00% |
| TCS | -1.03% | $14.81M | -84.46% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -12.34% | $21.46B | +15.84% | 1.11% |
| LTM | -8.89% | $8.51B | -100.00% | <0.01% |
| TCTM | -8.85% | $8.10M | -42.99% | 0.00% |
| URGN | -8.80% | $470.95M | -11.92% | 0.00% |
| MCK | -8.40% | $78.15B | +35.51% | 0.42% |
| SOLV | -8.30% | $11.58B | -16.19% | 0.00% |
| PPC | -7.27% | $12.38B | +100.96% | 0.00% |
| STG | -7.26% | $35.67M | +7.92% | 0.00% |
| CHD | -6.65% | $27.18B | +19.50% | 1.03% |
| SOC | -6.65% | $1.93B | +74.70% | 0.00% |
| RNR | -6.03% | $13.74B | +23.09% | 0.58% |
| CARV | -5.68% | $8.48M | -8.79% | 0.00% |
| MODV | -5.65% | $222.68M | -59.06% | 0.00% |
| IRON | -5.42% | $1.77B | +15.07% | 0.00% |
| EDSA | -4.89% | $7.11M | -21.79% | 0.00% |
| PRPO | -4.54% | $9.10M | -13.65% | 0.00% |
| NGNE | -4.48% | $223.88M | +32.95% | 0.00% |
| SYPR | -3.78% | $32.23M | -26.32% | 0.00% |
| K | -3.77% | $27.77B | +52.50% | 2.79% |
| RVP | -3.26% | $17.51M | -46.82% | 0.00% |
ETF's related to MAG
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BILZ | -0.02% | $563.02M | 0.14% |
| CANE | 0.37% | $18.13M | 0.29% |
| IBHD | 0.45% | $325.60M | 0.35% |
| CORN | -0.77% | $61.56M | 0.2% |
| JBBB | 1.34% | $1.26B | 0.49% |
| XBIL | 1.54% | $637.70M | 0.15% |
| HIGH | -1.71% | $300.71M | 0.51% |
| TBIL | 1.90% | $4.38B | 0.15% |
| HDRO | 2.09% | $164.26M | 0.3% |
| SGOV | 2.30% | $27.63B | 0.09% |
| FBY | 2.51% | $127.69M | 0.99% |
| MINT | 2.51% | $11.62B | 0.35% |
| XHLF | -3.40% | $876.41M | 0.03% |
| JUCY | 3.48% | $324.29M | 0.6% |
| KCCA | 4.55% | $220.79M | 0.87% |
| WEAT | -4.66% | $122.51M | 0.28% |
| KMLM | -4.75% | $349.74M | 0.9% |
| SOYB | 5.57% | $27.55M | 0.22% |
| PREF | 5.62% | $1.00B | 0.55% |
| UNG | 5.80% | $918.08M | 1.06% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -44.90% | $200.96M | 0.5% |
| UUP | -39.78% | $326.18M | 0.77% |
| BTAL | -32.76% | $378.68M | 1.43% |
| VIXY | -27.00% | $195.31M | 0.85% |
| TAIL | -13.32% | $67.98M | 0.59% |
| EQLS | -11.72% | $17.58M | 1% |
| CTA | -9.56% | $349.14M | 0.78% |
| BOXX | -7.77% | $4.43B | 0.1949% |
| CLOI | -7.75% | $720.80M | 0.4% |
| AGZD | -7.22% | $142.79M | 0.23% |
| KMLM | -4.75% | $349.74M | 0.9% |
| WEAT | -4.66% | $122.51M | 0.28% |
| XHLF | -3.40% | $876.41M | 0.03% |
| HIGH | -1.71% | $300.71M | 0.51% |
| CORN | -0.77% | $61.56M | 0.2% |
| BILZ | -0.02% | $563.02M | 0.14% |
| CANE | 0.37% | $18.13M | 0.29% |
| IBHD | 0.45% | $325.60M | 0.35% |
| JBBB | 1.34% | $1.26B | 0.49% |
| XBIL | 1.54% | $637.70M | 0.15% |
News
Yahoo
We recently published a list of 10 Best Silver Mining Stocks to Buy Right Now. In this article, we are going to take a look at where MAG Silver Corp. (NYSE:MAG) stands against other best silver mining stocks to buy right now. Silver’s price saw significant appreciation in 2024, with the precious metal up by […]
SeekingAlpha
SilverCrest's Las Chispas mine has shown excellent margins & impressive cash flows since production began. See why I rate SILV stock a hold.
Yahoo
VANCOUVER, British Columbia (AP) — MAG Silver Corp. MAG) on Tuesday reported third-quarter earnings of $22.3 million. The Vancouver, British Columbia-based company said it had net income of 22 cents per share.
Yahoo
MAG Silver Edges Higher in Pre-Market Trade as Q3 Profit More than Doubles
Yahoo
VANCOUVER, British Columbia, Nov. 12, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company’s unaudited consolidated financial results for the three months ended September 30, 2024 (“Q3 2024”). For details of the unaudited condensed interim consolidated financial statements of the Company for the three and nine months ended September 30, 2024 (“Q3 2024 Financial Statements”) and management’s discussion and analysis for the three and
SeekingAlpha
MAG Silver: Record Adjusted EBITDA In Q3, But Still No Shareholder Distributions
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.