MAG:TSX; MAG:NYSE American

MAG Silver Corp.

MAG Silver Corp. is a growth-oriented Canadian development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, precious metals 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 operator is currently advancing underground mine development and commissioning a 4,000 tonnes per day processing plant. Underground mine production of mineralized development material commenced in Q3 2020, and an expanded exploration program is in place targeting multiple highly prospective targets at Juanicipio. MAG is also executing multi-phase exploration programs at the Deer Trail 100% earn-in Project in Utah and the recently acquired Larder Project, located in the historically prolific Abitibi region of Canada.

MAG Silver Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Q1/24 Production from JV Mine in Line

Research Report
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Cash flow from this Mexican operation should provide the next catalyst for this Canadian silver producer, noted a ROTH Capital Markets report.

Tier 1 Silver Asset Will Be 'Cash Cow' for Co., Expert Says

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As if on cue, silver prices began breaking out the week after MAG Silver Corp. released an updated technical report for its new Juanicipio project in Mexico confirming its status as a Tier 1 silver asset. One newsletter writer says the project "will be a real cash cow" for the company.
Tags: Silver

Technical Report Update a 'Milestone' for Silver Producer

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MAG Silver Corp. releases an updated technical report for its Juanicipio project with an initial mineral resource estimate and an after-tax NPV of US$1.2 billion over an initial 13-year life of mine (LOM). One analyst calls it a "major de-risking milestone" for the stock.
Tags: Silver

Expert Shares the Best Silver Stocks for the Breakout

Contributed Opinion
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Ron Struthers of Struthers Resource Stock Report compares six silver stocks to the SLV ETF, shares Pan American, a gold producer with many silver lines, and touches on Mag Silver, which he believes is not well known enough.
Tags: Silver

Technical Report Confirms Strong Economics of Mine

Research Report
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The figures in totality equate to a US$1.48 billion after-tax net present value at current spot prices, noted a ROTH MKM report.

Lower Costs Help Silver Co. Beat Earning Predictions

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MAG Silver Corp. released its Q4 2023 and full-year financial results, coming in ahead of several analysts' predictions for adjusted earnings-per-share (EPS) at its Juanicipio plant in Mexico. Analysts said they were looking forward to the company's new technical report expected next week.
Tags:  Silver

More Articles


Expert Comments:

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(4/26/24)
"MAG Silver Corp. released a good quarter, and shares jumped."

headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

(4/24/24)
"MAG Silver Corp. announced Q1/24 production results for the Juanicipio joint venture; production was in line with our overall expectations. Additionally, the mill showed improved recovery rates compared to the previous quarter; thus, we are reiterating our Buy rating."

Kevin O'Halloran, BMO Capital Markets

(4/24/24)
"MAG Silver Corp.'s 44%-owned Juanicipio mine produced 6.4 Moz Ag eq in Q1/24, beating our 6 Moz estimate by 7%. Silver production of 4.45 Moz beat our 3.77 Moz estimate, achieving about 30% of the midpoint of 2024 silver guidance (14.3−15.8Moz), which was driven by higher grades."

Investor News

(4/9/24)
"MAG Silver Corp. is a Canadian exploration company focused on advancing high-grade precious metals projects in the Americas. Its joint venture interest in the Juanicipio mine in Mexico positions it as a top-tier primary silver mining company."

Byron King from Jim Rickards' Strategic Intelligence

(4/4/24)
"Silver is moving, and I suspect it will do a slingshot to catch up with gold in terms of relative value, metal for metal. . .own silver producers like MAG Silver Corp. . .by every indication, the metal is moving, so you should buy a ticket and get on the train."

headshot of Ron Struthers

Ron Struthers, Struthers Resource Stock Report

(4/3/24)
"MAG Silver Corp.'s Juanicipio mine is high grade at 472 g/t silver and low cost at $9.18/oz all-in sustaining cost so will be a real cash cow for the company now that it is in production. A mine does not get much better than this one, and I don't think the stock is reflecting this fact."

More Expert Comments

Experts Following This Company

headshot of Cosmos Chiu
Cosmos Chiu, Executive Director of Precious Metals Equity Research – CIBC World Markets
Don DeMarco – National Bank Financial
Nicolas Dion, Analyst – Cormark Securities
Michael Fairbairn, Analyst – Canaccord Genuity
Garrett Goggin – Stansberry Research
Ovais Habib, Analyst – Scotia Capital Inc.
Kieron Hodgson – Panmure Gordon & Co.
Craig Hutchison, Analyst – TD Securities
headshot of Chen Lin
Chen Lin What Is Chen Buying? What Is Chen Selling?
Brian MacArthur, Analyst – Raymond James
Kevin O'Halloran – BMO Capital Markets
Lucas Pamatat – Canaccord Genuity
headshot of Joe Reagor
Joe Reagor, Analyst – ROTH Capital Partners
Stephen Soock – Stifel
headshot of Ron Struthers
Ron Struthers, Editor Struthers Resource Stock Report
Chris Thompson, Mining Analyst – PI Financial

Company News 

4/24/2024 – MAG Announces First Quarter 2024 Production From Juanicipio

3/27/2024 – MAG Silver Announces Robust Updated Technical Report for Juanicipio

3/25/2024 – MAG Silver Provides Notice of Updated Juanicipio Technical Report

3/19/2024 – MAG Silver Reports 2023 Annual Financial Results

3/5/2024 – MAG Silver Reports Preliminary 2024 Juanicipio Guidance

Important Disclosures
MAG Silver Corp. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

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2024/4/30 15:48:42

(MAG:TSX - MAG:NYSE American)

Analyst coverage

CIBC World MarketsCosmos Chiu
National Bank FinancialDon DeMarco
Cormark SecuritiesNicolas Dion
Canaccord GenuityMichael Fairbairn
Scotia Capital Inc.Ovais Habib
Panmure Gordon & Co.Kieron Hodgson
TD SecuritiesCraig Hutchison
Raymond JamesBrian MacArthur
BMO Capital MarketsKevin O'Halloran
Canaccord GenuityLucas Pamatat
ROTH Capital PartnersJoe Reagor
StifelStephen Soock
PI FinancialChris Thompson

Newsletter coverage

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MAG Silver Corp. (MAG:TSX; MAG:NYSE American)

*Share Structure as of 11/30/2023