MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.
IPO Year:
Exchange: AMEX
Website: magsilver.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2024 | $17.00 → $17.50 | Buy → Neutral | ROTH MKM |
| 4/25/2024 | Speculative Buy → Buy | Canaccord Genuity | |
| 3/28/2024 | Sector Perform → Sector Outperform | Scotiabank | |
| 11/13/2023 | Speculative Buy → Buy | TD Securities | |
| 9/14/2023 | Outperform | BMO Capital Markets | |
| 6/29/2023 | $16.00 | Sector Perform | Scotiabank |
| 1/25/2022 | $22.50 → $22.00 | Buy | HC Wainwright & Co. |
| 1/21/2022 | Sector Outperform → Sector Perform | Scotiabank | |
| 12/6/2021 | $29.00 | Hold → Speculative Buy | TD Securities |
| 11/30/2021 | Market Perform | BMO Capital Markets |
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
SD - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
6-K - MAG SILVER CORP (0001230992) (Filer)
SC 13G/A - MAG SILVER CORP (0001230992) (Subject)
SC 13G - MAG SILVER CORP (0001230992) (Subject)
SC 13G/A - MAG SILVER CORP (0001230992) (Subject)
SC 13G/A - MAG SILVER CORP (0001230992) (Subject)
ROTH MKM downgraded MAG Silver from Buy to Neutral and set a new price target of $17.50 from $17.00 previously
Canaccord Genuity upgraded MAG Silver from Speculative Buy to Buy
Scotiabank upgraded MAG Silver from Sector Perform to Sector Outperform
TD Securities upgraded MAG Silver from Speculative Buy to Buy
BMO Capital Markets resumed coverage of MAG Silver with a rating of Outperform
Scotiabank resumed coverage of MAG Silver with a rating of Sector Perform and set a new price target of $16.00
HC Wainwright & Co. reiterated coverage of MAG Silver with a rating of Buy and set a new price target of $22.00 from $22.50 previously
Scotiabank downgraded MAG Silver from Sector Outperform to Sector Perform
TD Securities upgraded MAG Silver from Hold to Speculative Buy and set a new price target of $29.00
BMO Capital Markets resumed coverage of MAG Silver with a rating of Market Perform
VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") announces that it will release results from its updated Juanicipio Technical Report (the "Report") on Wednesday, March 27, 2024. A conference call will be held to discuss the results of the Report on Wednesday, March 27, 2024 at 8:15 a.m. Eastern Time. Conference call dial-in numbers: Canada / USA toll-free:+1-800-319-4610International:+1-604-638-5340 A live webcast will also be available at: http://services.choruscall.ca/links/magsilver202403.html About MAG Silver Corp. MAG Silver Corp. is a growth-oriented Canadian exploration company focused on advancing high-grade
VANCOUVER, British Columbia, Oct. 26, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or the "Company") is pleased to report third quarter ("Q3") metal production from the Juanicipio Project (56% / 44% Fresnillo plc ("Fresnillo") and MAG, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 180,807 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended September 30, 2022 at an average head grade of 513 silver grams per tonne. Total Juanicipio production for the quarter, based on provisional estimates before offtake agreement adjustments, totaled 2,617,146 silver ounces an
VANCOUVER, British Columbia, July 27, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or the "Company") is pleased to report second quarter (Q2) production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc ("Fresnillo") and MAG, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 154,069 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended June 30, 2022 at an average head grade of 567 silver grams per tonne. Total Juanicipio production for the quarter, based on provisional estimates before offtake agreement adjustm
VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") is pleased to report first quarter production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc ("Fresnillo") and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 145,484 tonnes of mineralized material were processed during the three months ended March 31, 2022 (three months March 31, 2021: 36,395 tonnes) at an average head grade of 597 silver grams per tonne ("g/t") or 17.4 silver ounces/ton (March 31, 2021: 458 g/t or 13.4 silver ounces/ton). Total Juanicipio production for the
VANCOUVER, British Columbia, Jan. 26, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") is pleased to report fourth quarter production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc ("Fresnillo") and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, 113,950 tonnes of mineralized material from both underground development and from initial stopes were processed during the three months ended December 31, 2021. The mineralized material processed in the quarter represents approximately 45% of all the tonnes processed for the year ended December 31, 2021. Total Juanicipio production for
VANCOUVER, British Columbia, Nov. 12, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE: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 nine months ended September 30, 2024 ("Q3 2024 MD&A"), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at (www.sedarplus.ca) or on the Electronic Data G
VANCOUVER, British Columbia, Oct. 23, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") reports production from Juanicipio (56% / 44% Fresnillo plc ("Fresnillo") and MAG, respectively) for the third quarter ("Q3") ended September 30, 2024. Q3 Highlights Consistent throughput: The Juanicipio plant maintained steady production with 332,290 tonnes of ore processed in Q3, consistent with Q2, marking the third consecutive quarter of 100% ore processing through the Juanicipio plant.Continued grade overperformance: Silver head grade averaged 481 grams per tonne ("g/t") during the quarter, contributing to a year-to-date average of 485g/t. This continues to outp
VANCOUVER, British Columbia, Aug. 02, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") announces the Company's unaudited consolidated financial results for the three months ended June 30, 2024 ("Q2 2024"). For details of the unaudited condensed interim consolidated financial statements of the Company for the three and six months ended June 30, 2024 ("Q2 2024 Financial Statements") and management's discussion and analysis for the three and six months ended June 30, 2024 ("Q1 2024 MD&A"), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at (www.sedarplus.ca) or on the Electronic Data Gathering, Analysi
VANCOUVER, British Columbia, July 24, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") reports production from Juanicipio (56% / 44% Fresnillo plc ("Fresnillo") and MAG, respectively) for the second quarter ("Q2") ended June 30, 2024. Q2 Highlights Expanding throughput: Juanicipio processed 336,593 tonnes of ore in Q2 continuing to build on daily milling rates. Consistent with Q1, all ore was processed at the Juanicipio plant in Q2.Continued strong grades: The average silver head grade for the quarter was 498 grams per tonne ("g/t"), surpassing the previous quarter and reaffirming the high-grade nature of the Juanicipio deposit which continues to demonstra
VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", "MAG Silver", or the "Company") is pleased to announce the publication of its third annual Sustainability Report, which underscores MAG's fundamental commitment to transparency with its stakeholders while providing a comprehensive overview of the Company's environmental, social and governance ("ESG") commitments, practices, and performance for the 2023 year. The 2023 Sustainability Report is supported by the MAG Silver Climate Action Statement and the 2023 ESG Performance Data Table. The 2023 Sustainability Report and ESG Data Table are available on the MAG Silver website at the following lin
VANCOUVER, British Columbia, July 11, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") reports that its Deer Trail Project in central Utah is being affected by the Silver King Fire in Piute County. In an abundance of caution, exploration operations at the Deer Trail Project have been temporarily paused, with all personnel safe and the Deer Trail site secure. MAG will continue to carefully monitor the situation and comply with all local directives. The Company does not expect this temporary pause in operations to have a material impact on the business. About MAG Silver Corp. (www.magsilver.com) MAG Silver Corp. is a growth-oriented Canadian mining and expl
VANCOUVER, B.C. , June 18, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") reports that at its Annual General and Special Meeting (the "AGSM") held on June 17, 2024, MAG's shareholders (the "Shareholders") approved by majority: to elect all eight directors standing for election, to re-appoint Deloitte LLP as auditors of the Company, and to support the Company's approach to executive compensation. Detailed results of the total shares voted at the AGSM are set out below. Motions:NomineesTotalVotes CastTotalVotes ForTotal VotesWithheld%For%WithheldPeter Barnes58,366,83253,951,7084,415,12492.44%7.56%Tim Baker58,366,83157,998,473368,35899.37%0.63%Jill Leversage58,3
VANCOUVER, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") today announced that it has obtained a receipt for the final short form base shelf prospectus (the "Final Shelf Prospectus") filed with the securities commissions in all of the provinces and territories of Canada. A corresponding registration statement on Form F-10 has been filed with the United States Securities and Exchange Commission (the "SEC") under the United States Securities Act of 1933, as amended and the U.S./Canada Multijurisdictional Disclosure System (the "Registration Statement"), and has become effective under the U.S./Canada Multijurisdictional Disclosure Syst
VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") announces the planned retirement of Co-Founder and Chief Exploration Officer ("CXO"), Dr. Peter Megaw, effective May 21, 2024. Peter has been an integral part of MAG Silver's success, applying over 45 years of relevant experience to our silver and gold exploration efforts, with the past ten years dedicated to serving as MAG's CXO. Peter's retirement marks the culmination of over 20 years of dedicated service to MAG. Under his leadership, Juanicipio, one of the world's leading silver deposits, was discovered, financed, developed and is now in operation. Beyond the discovery
VANCOUVER, British Columbia, May 15, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") today announced that the Toronto Stock Exchange (the "TSX") has accepted the Company's Notice of Intention to Make a Normal Course Issuer Bid ("NCIB"). Under the NCIB, the Company may purchase for cancellation up to an aggregate of 8,643,374 common shares in the capital of the Company ("Common Shares"), representing approximately 10% of the public float (as defined in the rules and policies of the TSX) of the Common Shares as of May 8, 2024. The Company's purchases in the United States will be subject to a limit of 5,148,977 Common Shares, being 5% of the public float of the
VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") is pleased to announce the appointment of Tom Peregoodoff to MAG's Board of Directors effective January 1, 2024. "We are thrilled to have Tom join our Board," said Peter Barnes, Chair of the Board. "Tom brings with him over 30 years of industry knowledge and leadership and has extensive experience in all aspects and stages of the global mining business, specializing in exploration geology." Mr. Peregoodoff will fill the vacancy to be created by the planned resignation in June 2024 of Dan MacInnis, who does not plan to seek re-election at the 2024 Annual General Meeting. "We
VANCOUVER, British Columbia, Aug. 07, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") announces the Company's unaudited financial results for the three months ended June 30, 2023. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2023, please see the Company's filings on SEDAR+ (www.sedarplus.ca) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars ("US$") unless otherwise specified (C$ refers to Canadian dollars). KEY HIGHLIGHTS (on a 100% basis unless otherwise noted) Concentrate production at the hi
VANCOUVER, British Columbia, May 01, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") is pleased to announce the appointment of Gary Methven as Vice President: Technical Services effective May 1, 2023, and the promotion of Jill Neff to Vice President: Governance and Company Secretary effective immediately. Mr. Methven is a skilled mining professional with experience in the mining industry spanning three decades. His expertise includes deep-level underground precious-metal mining, long-term mine planning, project management and consulting. He has managed technical and operational teams in many underground mines globally and, in his more recent capacity
VANCOUVER, British Columbia, May 17, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG," "MAG Silver" or the "Company") announces the Company's unaudited financial results for the three months ended March 31, 2022. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2022, please see the Company's filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars ("US$") unless otherwise specified. HIGHLIGHTS – MARCH 31, 2022 & SUBSEQUENT TO THE QUARTER END OPERATIONAL – Juanicipio owned 44% by MAG Silver During th
VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or the "Company") announces the Company's audited consolidated financial results for the year ended December 31, 2021. For details of the audited consolidated financial statements, Management's Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2021, please see the Company's filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars ("US$") unless otherwise specified. HIGHLIGHTS – DECEMBER 31, 2021 AND SUBSEQUENT TO YEAR END OPERATIONAL Significant progress was
VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or "MAG Silver") is pleased to announce the appointment of Fausto Di Trapani as Chief Financial Officer ("CFO") effective May 20, 2022. Fausto replaces Larry Taddei, who, after 12 years of service with the company, will step down from the CFO role to pursue other opportunities. Larry will assist in the orderly transition of his duties following Fausto's appointment. "I would like to thank Larry for his considerable contribution to MAG over the past 12 years," said George Paspalas, President and Chief Executive Officer of MAG. "Larry has been instrumental in the growth of MAG and forming good
VANCOUVER, British Columbia, Oct. 26, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or the "Company") is pleased to announce that Mr. W.J. (Jim) Mallory has joined the Company as Chief Sustainability Officer ("CSO"). Jim has more than 44 years of experience in the mining industry, in both operations and management, with his last 23 years in sustainability and executive roles for Canadian resource corporations. Jim has supported Canadian mining companies with operations in Chile, Peru, Argentina and Bolivia, and most recently several exploration and mining operations in Mexico. "The appointment of Jim as CSO highlights the priority we place on integrating our corporat
VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or the "Company") is pleased to announce that Mr. Dale Peniuk has joined the Company as a member of its Board of Directors. Mr. Peniuk is a Chartered Professional Accountant (CPA, CA) and corporate director. Mr. Peniuk currently serves on the board and as audit committee chair of Lundin Mining Corporation, Capstone Mining Corp. and Argonaut Gold Inc., and has been on the board and chair of the audit committee of numerous other Canadian public mining companies since 2006. Mr. Peniuk obtained his Bachelor of Commerce degree from the University of British Columbia in 1982 and his Chartered Ac
VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (NYSE:MAG) ("MAG" or the "Company") announces the Company's unaudited financial results for the three months ended March 31, 2021. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2021, please see the Company's filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars ("US$") unless otherwise specified. HIGHLIGHTS – MARCH 31, 2021 AND EVENTS SUBSEQUENT TO THE QUARTER END OPERATIONAL Batch processing of mineralized material from devel
VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2020. For details of the audited consolidated financial statements, Management's Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2020, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars (“US$”) unless otherwise specified. HIGHLIGHTS – DECEMBER 31, 2020 AND SUBSEQUENT TO YEAR END OPERATIONAL Processin
HC Wainwright & Co. analyst Heiko Ihle reiterates MAG Silver (AMEX:MAG) with a Buy and maintains $17 price target.
Scotiabank analyst Ovais Habib maintains MAG Silver (AMEX:MAG) with a Sector Outperform and raises the price target from $13.5 to $14.5.
CIBC analyst Cosmos Chiu maintains MAG Silver (TSX:MAG) with a Neutral and raises the price target from C$17.5 to C$22.
HC Wainwright & Co. analyst Heiko Ihle reiterates MAG Silver (AMEX:MAG) with a Buy and maintains $17 price target.
Stifel analyst Stephen Soock maintains MAG Silver (AMEX:MAG) with a Buy and raises the price target from $20.25 to $20.5.
MAG Silver Corp. (NYSE:MAG) ("MAG", or the "Company") today announced that it has filed a preliminary short form base shelf prospectus (the "Preliminary Shelf Prospectus") with the securities commissions in all of the provinces and territories of Canada. A corresponding registration statement on Form F-10 will be filed with the United States Securities and Exchange Commission (the "SEC") under the United States Securities Act of 1933, as amended and the U.S./Canada Multijurisdictional Disclosure System (the "Registration Statement") at the time of filing of the final short form base shelf prospectus (the "Final Shelf Prospectus" and, together with the Preliminary Shelf Prospectus, the "Prosp
MAG Silver (AMEX:MAG) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.13 by 7.69 percent. This is a 180 percent increase over earnings of $0.05 per share from the same period last year. The company reported $827.00 thousand in sales this quarter. This is a 46.63 percent increase over sales of $564.00 thousand the same period last year.