Mag Silver Corp Stock Analysis

MAG Stock  USD 11.88  0.06  0.50%   
MAG Silver Corp is undervalued with Real Value of 14.96 and Target Price of 18.7. The main objective of MAG Silver stock analysis is to determine its intrinsic value, which is an estimate of what MAG Silver Corp is worth, separate from its market price. There are two main types of MAG Silver's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect MAG Silver's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MAG Silver's stock to identify patterns and trends that may indicate its future price movements.
The MAG Silver stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. MAG Silver is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. MAG Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and MAG Silver's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

MAG Stock Analysis Notes

About 56.0% of the company shares are owned by institutional investors. The book value of MAG Silver was now reported as 4.92. The company had not issued any dividends in recent years. MAG Silver Corp had 1:10 split on the 5th of December 2011. MAG Silver Corp. engages in the exploration and development of precious metal mining properties. It primarily holds 44 percent interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver operates under Silver classification in the United States and is traded on AMEX Exchange. It employs 10 people. To find out more about MAG Silver Corp contact BE AccDir at 604 630 1399 or learn more at https://www.magsilver.com.

MAG Silver Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. MAG Silver's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding MAG Silver Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
MAG Silver Corp has about 29.95 M in cash with (1.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
MAG Silver Corp has a poor financial position based on the latest SEC disclosures
Roughly 56.0% of the company shares are owned by institutional investors
Latest headline from stockhead.com.au: Who Made the Gains Here are the top ASX mining and exploration stocks for March

MAG Silver Corp Upcoming and Recent Events

Earnings reports are used by MAG Silver to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MAG Silver previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of March 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
25th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

MAG Largest EPS Surprises

Earnings surprises can significantly impact MAG Silver's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-11-14
2022-09-300.090.08-0.0111 
2020-03-30
2019-12-31-0.02-0.010.0150 
2017-11-13
2017-09-30-0.02-0.010.0150 
View All Earnings Estimates

MAG Silver Thematic Classifications

In addition to having MAG Silver stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Precious Metals Idea
Precious Metals
USA Equities from Precious Metals industry as classified by Fama & French

MAG Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MAG Silver's market, we take the total number of its shares issued and multiply it by MAG Silver's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

MAG Profitablity

MAG Silver's profitability indicators refer to fundamental financial ratios that showcase MAG Silver's ability to generate income relative to its revenue or operating costs. If, let's say, MAG Silver is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MAG Silver's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MAG Silver's profitability requires more research than a typical breakdown of MAG Silver's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.1  0.1 
Return On Capital Employed(0.03)(0.03)
Return On Assets 0.1  0.1 
Return On Equity 0.1  0.10 

Management Efficiency

MAG Silver Corp has Return on Asset of (0.0193) % which means that on every $100 spent on assets, it lost $0.0193. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1071 %, implying that it generated $0.1071 on every 100 dollars invested. MAG Silver's management efficiency ratios could be used to measure how well MAG Silver manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MAG Silver's Return On Equity is most likely to increase slightly in the upcoming years. At this time, MAG Silver's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The MAG Silver's current Other Current Assets is estimated to increase to about 1.9 M, while Net Current Asset Value is projected to decrease to roughly 15.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 4.92  5.17 
Net Current Asset Value22.4 M15.4 M
Tangible Asset Value90.5 M95 M
Tangible Book Value Per Share 4.92  5.17 
Enterprise Value Over EBITDA(70.16)(73.67)
Price Book Value Ratio 2.12  2.01 
Enterprise Value Multiple(70.16)(73.67)
Price Fair Value 2.12  2.01 
Enterprise Value998.7 M536.7 M
The analysis of MAG Silver's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze MAG Silver's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of MAG Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.079

Technical Drivers

As of the 15th of April 2024, MAG Silver secures the Mean Deviation of 2.3, semi deviation of 2.35, and Downside Deviation of 2.58. Compared to fundamental indicators, the technical analysis model lets you check possible technical drivers of MAG Silver Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for MAG Silver, which can be compared to its peers in the industry. Please verify MAG Silver Corp standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if MAG Silver Corp is priced fairly, providing market reflects its recent price of 11.88 per share. Given that MAG Silver Corp has jensen alpha of 0.3138, we recommend you to check MAG Silver's last-minute market performance to make sure the company can sustain itself in the future.

MAG Silver Corp Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MAG Silver middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MAG Silver Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MAG Silver Predictive Daily Indicators

MAG Silver intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MAG Silver stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

MAG Silver Corporate Filings

6K
27th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
25th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
19th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
5th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
14th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
8th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
6K
24th of January 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
22nd of January 2024
An amended filing to the original Schedule 13G
ViewVerify

MAG Silver Forecast Models

MAG Silver's time-series forecasting models are one of many MAG Silver's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MAG Silver's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About MAG Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how MAG Silver prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MAG shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MAG Silver. By using and applying MAG Stock analysis, traders can create a robust methodology for identifying MAG entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.00  0.00 
Operating Profit Margin 0.00  0.00 
Net Profit Margin 0.00  0.00 
Gross Profit Margin 0.00  0.00 

Current MAG Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MAG analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MAG analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
18.7Strong Buy13Odds
MAG Silver Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MAG analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MAG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MAG Silver Corp, talking to its executives and customers, or listening to MAG conference calls.
MAG Analyst Advice Details

MAG Stock Analysis Indicators

MAG Silver Corp stock analysis indicators help investors evaluate how MAG Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MAG Silver shares will generate the highest return on investment. By understating and applying MAG Silver stock analysis, traders can identify MAG Silver position entry and exit signals to maximize returns.
Begin Period Cash Flow29.9 M
Common Stock Shares Outstanding102.6 M
Total Stockholder Equity504.2 M
Tax Provision2.3 M
Quarterly Earnings Growth Y O Y0.076
Property Plant And Equipment Net299.5 K
Cash And Short Term Investments68.4 M
Cash68.4 M
Accounts Payable2.7 M
Net Debt-68.2 M
50 Day M A9.5832
Total Current Liabilities4.8 M
Other Operating Expenses14.6 M
Non Current Assets Total449.4 M
Forward Price Earnings29.3255
Non Currrent Assets Other53.3 M
Stock Based Compensation3.3 M
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for MAG Stock analysis

When running MAG Silver's price analysis, check to measure MAG Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is MAG Silver's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MAG Silver. If investors know MAG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MAG Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.076
Earnings Share
0.47
Return On Assets
(0.02)
Return On Equity
0.1071
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.