How to buy MAG Silver stock

MAG Silver Corp is a silver business based in the US. MAG Silver shares (MAG) are listed on the NYSE MKT and all prices are listed in US Dollars. MAG Silver employs 8 staff and has a market cap (total outstanding shares value) of USD$1.9 billion.

How to buy shares in MAG Silver

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for MAG Silver. Find the stock by name or ticker symbol: MAG. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MAG Silver reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of MAG Silver, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of MAG Silver. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

MAG Silver share price

Use our graph to track the performance of MAG stocks over time.

MAG Silver shares at a glance

• Key figures

Information last updated 2021-01-13.

52-week range	USD$3.84 - USD$23
50-day moving average	USD$18.0861
200-day moving average	USD$16.8399
Wall St. target price	USD$18.04
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.054

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Is it a good time to buy MAG Silver stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of MAG Silver Corp by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MAG Silver financials

Gross profit TTM	USD$0
Return on assets TTM	-1.9%
Return on equity TTM	-7.06%
Profit margin	0%
Book value	$3.182
Market capitalisation	USD$1.9 billion

TTM: trailing 12 months

Shorting MAG Silver shares

There are currently 3.6 million MAG Silver shares held short by investors – that's known as MAG Silver's "short interest". This figure is 5.4% up from 3.5 million last month.

There are a few different ways that this level of interest in shorting MAG Silver shares can be evaluated.

MAG Silver's "short interest ratio" (SIR)

MAG Silver's "short interest ratio" (SIR) is the quantity of MAG Silver shares currently shorted divided by the average quantity of MAG Silver shares traded daily (recently around 668020.32967033). MAG Silver's SIR currently stands at 5.46. In other words for every 100,000 MAG Silver shares traded daily on the market, roughly 5460 shares are currently held short.

However MAG Silver's short interest can also be evaluated against the total number of MAG Silver shares, or, against the total number of tradable MAG Silver shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MAG Silver's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 MAG Silver shares in existence, roughly 40 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable MAG Silver shares, roughly 0 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against MAG Silver.

Find out more about how you can short MAG Silver stock.

MAG Silver share dividends

We're not expecting MAG Silver to pay a dividend over the next 12 months.

MAG Silver share price volatility

Over the last 12 months, MAG Silver's shares have ranged in value from as little as $3.84 up to $23. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while MAG Silver's is 1.262. This would suggest that MAG Silver's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MAG Silver overview

MAG Silver Corp. focuses on the acquisition, exploration, and development of mineral properties primarily in the Americas. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.

Frequently asked questions

• What percentage of MAG Silver is owned by insiders or institutions?

  Currently 11.46% of MAG Silver shares are held by insiders and 52.973% by institutions.

• How many people work for MAG Silver?

  Latest data suggests 8 work at MAG Silver.

• When does the fiscal year end for MAG Silver?

  MAG Silver's fiscal year ends in December.

• Where is MAG Silver based?

  MAG Silver's address is: 800 West Pender Street, Vancouver, BC, Canada, V6C 2V6

• What is MAG Silver's ISIN number?

  MAG Silver's international securities identification number is: CA55903Q1046

• What is MAG Silver's CUSIP number?

  MAG Silver's Committee on Uniform Securities Identification Procedures number is: 55903Q104