It’s still a bull thesis, just subverted: MAG Silver Corp (MAG)

At the time of writing, MAG Silver Corp [MAG] stock is trading at $23.98, up 1.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MAG shares have gain 6.67% over the last week, with a monthly amount glided 13.72%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

MAG Silver Corp [AMEX: MAG] stock has seen the most recent analyst activity on July 24, 2025, when H.C. Wainwright downgraded its rating to a Neutral but kept the price target unchanged to $22 for it. Previously, TD Securities downgraded its rating to Sell on May 22, 2025. On October 24, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $17.50 on the stock. Canaccord Genuity upgraded its rating to a Buy. Scotiabank upgraded its rating to a Sector Outperform. TD Securities upgraded its rating to Buy for this stock on November 13, 2023.

For the past year, the stock price of MAG Silver Corp fluctuated between $11.54 and $23.80. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. MAG Silver Corp [AMEX: MAG] shares were valued at $23.98 at the most recent close of the market. An investor can expect a potential drop of -20.77% based on the average MAG price forecast.

Analyzing the MAG fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.17 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.69 points at the first support level, and at 23.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.13, and for the 2nd resistance point, it is at 24.29.

Ratios To Look Out For

It is important to note that MAG Silver Corp [AMEX:MAG] has a current ratio of 44.26. In addition, the Quick Ratio stands at 44.26 and the Cash Ratio stands at 43.69.

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