Streetwise Live! Presents Vox Royalty Corp. (VOX:TSX.V) on 03/12/2021. Learn More
MAG:TSX; MAG:NYSE A

MAG Silver Corp.

MAG Silver Corp. is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in partnership with Fresnillo Plc (56%) and is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp. We are presently developing the underground infrastructure on the property, with the operational expertise of our joint venture partner, Fresnillo plc, to support a 4,000 tonnes per day mining operation. As well, we have an expanded exploration program in place investigating other highly prospective targets across the property. In addition, we continue to work on regaining surface access to our 100% owned Cinco de Mayo property in Mexico while we seek other high grade, district scale opportunities.
MAG:TSX MAG:NYSEA

Expert Comments:

MAG Silver's joint venture project Juanicipio produced 230,000 ounces of silver during the quarter ended Dec. 31, 2020.
read more >

Chris Thompson, PI Financial

(1/27/21)
"The reported Q4/20 production of 230 Koz silver and 443 oz gold at MAG Silver Corp.'s Juanicipio would provide about $4.2M in net revenue to the joint venture (JV), based on our assumed toll milling and treatment charges and refining charges terms. . .the company expects to process about 16 Kt/month until the Juanicipio mill is online."

headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

(1/27/21)
"We are increasing our price target on MAG Silver Corp. from $25 to $26 and reiterating our Buy rating due to higher silver price forecasts moving forward. . .on Jan. 27, 2021, the company announced that its Juanicipio joint venture processed 30,397 t of precommercial ore resulting in the production of 230 Koz silver and 443 oz gold during Q4/20 (100% basis)."

National Bank of Canada

(1/10/21)
"MAG Silver Corp. offers mergers and acquisitions appeal as it derisks development with a view toward production and trades below producer multiples. Moreover, the company offers fully funded development, low-cost production, elevated free cash flow and exploration upside. . .the most likely suitor continues to be its joint venture partner Fresnillo."

Peter Krauth, Silver Stock Investor

(1/1/21)
"MAG Silver Corp. is a true anomaly in the silver market; the company is a partner in a mine which is soon to become the largest silver mine in the world. . .what's also significant is that over the next five years, an estimated 72% of MAG's revenues will come from silver, making it one of the purest primary silver producers on the planet."

headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

(11/19/20)
"On Nov. 18, 2020, MAG Silver Corp. held a webinar to update investors on the Deer Trail project. We were encouraged by the update. . .the company is in the midst of an initial drill program at the project with results anticipated in early 2021. . .management did a good job of outlining the significant exploration potential on the project."

Also during the quarter, MAG Silver announces an earn-in project in Utah and establishes an at-the-market equity program.
read more >

Ryan Thompson, BMO Capital Markets

(11/6/20)
"On Oct. 21, MAG Silver Corp. announced that 46 Kt of material were processed in Q3/20, for total production of 394 Koz silver (plus gold, lead and zinc byproducts). The company's attributable production was 173 Koz. . .we have increased our multiple to 2.1x price:net asset value to set our new target price of $26."

MAG Silver Corp. reported first production results from its Juanicipio JV project in Mexico.
read more >
Dr. Peter Megaw, MAG Silver's chief exploration officer, has been waiting for decades to explore the Deer Trail Mine area.
read more >

More Expert Comments

Experts Following This Company

Don DeMarco – National Bank Financial
Richard Gray, Analyst – Cormark Securities
Craig Hutchison, Analyst – TD Securities
headshot of Heiko Ihle
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
headshot of James Kwantes
James Kwantes Resource Opportunities
Brian MacArthur, Analyst – Raymond James
Kevin MacKenzie, Analyst – Canaccord Genuity
headshot of Bhakti Pavani
Bhakti Pavani – Alliance Global Partners
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of Joe Reagor
Joe Reagor, Analyst – ROTH Capital Partners
Stephen Soock – Stifel
Chris Thompson, Mining Analyst – PI Financial
Ryan Thompson – BMO Capital Markets
Trevor Turnbull, Analyst – Scotia Capital Inc.

The information provided above is from analysts, newsletters, the company and other contributors.

MAG Silver Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.