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MAG Silver Corp. (MAG.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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23.81+0.66 (+2.85%)
At close: 4:00PM EDT
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  • Y
    Yahoo Finance Insights
    MAG.TO is down 5.79% to 22.28
  • Y
    Yahoo Finance Insights
    MAG.TO is down 5.45% to 24.30
  • b
    bl
    God this stock is hot. Charts showing accumulation again. Best price action of the silver miners in the last two months
  • Y
    Yahoo Finance Insights
    MAG.TO is down 6.28% to 27.02
  • D
    Dennis
    Mexican election: June 6. The Mirena party was expected to hold 190-203 seats(500 total seats) in lower house a decline of up to 60 seats well short of 2/3 majority required to push through President Lopez Obrador’s anti business agenda. The results will hinder his plan to return Mexico’s energy sector to state control.
    The Mexican peso rallied nearly 1%, one of the best performance among emerging market currencies suggesting the business sector was reacting positively to new checks on President Obrador’s power.
  • b
    bl
    Scotiabank report on MAG Silver:

    About the Canadian exploration and development company, Turnbull concluded, “We continue to recommend MAG Silver as a near-term emerging producer with projected all-in sustaining costs of half those of the operating peer group.”
    Scotiabank has a Sector Outperform rating and a US$28.50 per share target price on MAG, the stock of which is trading now at about US$21.49 per share.
  • K
    Kiixcap
    $MAG Silver way overbought
  • J
    JT_kirk20
    The Company’s net loss for three months ended March 31, 2021 amounted to $3,662 or $(0.04)/share (March 31, 2020: $14,898 or $(0.17)/share). The Company recorded a 44% equity income pick-up of $632 (March 31, 2020: $4,687 equity loss pick-up) from Minera Juanicipio which included MAG’s 44% share of net income from the sale of pre-production development material
    losing .04 a share does not justify a 21 dollar stock price
  • b
    bl
    Silj now is 9%+ in mag. They bought more mag, sold hecla, also first majestic has switched places with paas. So silj has been acquiring mag based on the most recent %
  • W
    Watcher
    Mag will be at 14 by this Friday
  • z
    zack
    Let's see if MAG can cross over $30 by end of June!!!
  • D
    Dennis
    June 6 Mexico elections: WSJ article 5/24
    President Lopez Obrador’s ....Morena party...which controls a simple majority in the Senate and two-thirds majority in the house could increase their seats. This would embolden President Obrador ambitions to return Mexico to the days of state monopolies in the energy business. No mentioning of the mining business in the article. Any thoughts?
    Started buying Mag two years ago and still long!!
  • T
    Ted
    I stand corrected. Apparently big banks still attempting to short silver to keep price suppressed. When will DOJ step in to stop this practice by banks?
  • s
    stocktargetadvisor
    $MAG
    Target Up Raymond James Financial Outperform CAD 27
    Target Down National Bank Financial Outperform CAD 26.25
  • T
    Ted
    Big banks can’t afford to continue shorting silver. They are losing to much money. Silver price set to rocket up!
  • W
    Watcher
    Every Tuesday late night silver gets attacked...more dependable than death or taxes...thx JPM
  • J
    Jan
    It surprises me that this company doesn't get a $30 buyout. So much going on and so cheap. Ever solar panel uses silver. You can't buy silver without huge premiums. Last time I seen that it was in palladium six months latter huge gains now its up it's 23 times.
  • s
    stocktargetadvisor
    $MAG.CA $MAG
    Target Up CIBC World Markets Neutral CAD 29
  • W
    Watcher
    CME dropped margins on silver and gold
  • B
    Bobwins
    Big gain today. Didn't see any news. Is the increase due to the possibility that processing thru the Fresnillo plant has begun? Guidance said 16,000 tonnes per month or ~500tpd would be processed until the new plant was ready in 2021. They already did a trial run with 8K tonnes in August so it wouldn't be a stretch to assume they have begun actual mining. The rerating may have begun!