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MAG Silver Corp. (MAG)

NYSE American - NYSE American Delayed price. Currency in USD
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17.34-0.63 (-3.51%)
At close: 4:00PM EDT
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  • r
    ronald
    We may have a small head and shoulders reversal pattern shaping up over the last motn and a half. Should MAG hold right around $18, we could see a run to the $24-$25 area.
  • b
    bl
    Looks like we should be going up. Morning star pattern forming on the weekly candles as long as we close 19.50+ this week, we should see more up the following weeks.

    Fed is again not going to change anything for another 1-2 years. Until then, keep inflating with more debt spending and negative real rates.
  • Y
    Yahoo Finance Insights
    MAG.TO is down 5.52% to 22.94
  • s
    stocktargetadvisor
    $MAG $MAG.CA
    Target CIBC World Markets Neutral CAD 33
  • C
    Catalinas
    $FSM conversation
    Guys this stock dump me last year when I tried to trade it. I got back in before as its a winner and the price is unbelievably low. I love these type of companies $MAG $SILV and $FSM.

    It also has one of the most active and wise communities I know.
    It will establish base a couple of dollars higher easily.
  • 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
  • Y
    Yahoo Finance Insights
    MAG.TO is up 5.93% to 23.05
  • W
    Watcher
    Mag will be at 14 by this Friday
  • E
    Ed
    $AG conversation
    Wallstreetbets WSB talking about how big banks have been manipulating gold and silver miners for decades. Selling paper gold & silver to offset the price. STOP gold and silver price suppression by bullion bank practises, short selling in order to drive down the price is not fair & should be banned now.
    Suppression of the gold & silver price is not just a conspiracy theory. It's a well-documented phenomenon, with real actors and real ramifications. The FED has little room to manipulate interest rates and the market is beginning to realize that this is the end of the manipulation of gold and silver.
    With the removal of the uptick rule, banks and big institutions could short the gold and silver markets without the ability of buyers to get out of a position. By selling short on the paper market, price discovery got skewed far below where the real price should have been. GLTA Hope we will see free and fair market prices one day in precious metals stocks like $AG $PAAS $MAG $FSM $EXK Barrick $GOLD $GPL $NEW $MUX $AEM and many more ... power2thepeople, GLTA united forces with $GME $NAKD $BB $AMC ...
  • 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.
  • 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!
  • D
    DAVID
    Eric Sprott would not be investing in MAG if he did not see the Juanicipio Project as a total winner. There was 86 million shares outstanding with no warrants, up till now. With Sprott's 4.5 million share private placement this represents a 5.2% dilution. The money to complete this project has to come from somewhere. Judging by today's market reaction this was a great move. First pour should be in third or fourth quarter this year. Also, the fact that this is a joint venture with Fresnillo (a mexican company) mitigates some of the political risk. Fresnillo has been incredible in the construction of this mine!
  • J
    Joonas
    1,5 billion valuation and no cash flow. People are expecting great things here. Is this valuation justified by future expectations?
  • W
    Watcher
    Hey guys, I love MAG but I also diversify. I try to pick companies that are undervalued, out of the spotlight, and have Eric Sprott buying massive shares. Do any of you own Metallic Minerals?
  • t
    troutman2u
    Serious question, and not bashing, merely an observation. Why pay almost $10/share for a stock/company that posted -.07c loss last year, when there's another profitable silver miner, trading at a mere $3.28/share, and they posted .21c last year in earnings?! That company is FSM, and it's oversold right now, I don't know about you, but I took an initial position over there, and am ADDING at these gift prices.
  • j
    james
    I have never seen a company that has a good balance sheet. in an industry were there is no supply and high demand. good news. and the stock preforms terribly
  • C
    Catalinas
    Just to understand this company and put it on my radar. For the 44% of the 11-12m Oz Ag production over the next years, 1.3 billion is a valuation that cannot be digested easily. But I guess I am missing a point. Which is the dynamics of the property, revealed also by the strong interest from a shareholder dream team.

    So its like a bond for the future.
  • E
    Erik
    The manipulators in big government at work. They must keep precious metals down to keep rising inflation getting out of control. Reddit tried to squeeze the shorts but didn't work more than a few days.
  • m
    magnus
    Love this company. This could be a $50 stock in half a year.