MAG Silver (MAG)

• Market cap: $1.57B
• 1 day: 7.33%
• 5 days: 4.25%
• 1 month: -6.22%
• 3 months: -4.46%
• 6 months: 20.89%
• Year to date: 5.69%
• 1 year: 64.90%
• 5 years: 124.48%
• 10 years: 126.15%
• Sector: Materials
• Industry: Gold & Silver Mining

About: 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.

Employees: 1,813

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

279% more call options, than puts

Call options by funds: $25.5M | Put options by funds: $6.74M

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

15% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 40

2.56% more ownership

Funds ownership: 42.73% [Q3] → 45.29% (+2.56%) [Q4]

0% more funds holding

Funds holding: 133 [Q3] → 133 (+0) [Q4]

3% less capital invested

Capital invested by funds: $659M [Q3] → $636M (-$22.8M) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $21 38% upside
• Avg. target: $21 38% upside
• High target: $21 38% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle 51% 1-year accuracy 99 / 194 met price target

38% upside $21

Buy Reiterated

25 Feb 2025