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    MAG   CA55903Q1046

MAG SILVER CORP.

(MAG)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-08-11 pm EDT
17.54 CAD   -1.74%
07/28HC Wainwright Adjusts Price Target on MAG Silver to $16.50 From $21.50, Reiterates Buy Rating
MT
07/27National Bank of Canada Maintains MAG Silver's Rating, Price Target
MT
07/27MAG Silver Details Q2 Production From Juanicipio Joint Venture With Fresnillo
MT
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MAG Silver Reports AGSM Results

06/24/2022 | 08:12am EDT

VANCOUVER - MAG Silver Corp. (TSX / NYSE American: MAG) ('MAG' or the 'Company') reports that at its annual general and special meeting (the 'AGSM') held on June 22, 2022, MAG's Shareholders approved by majority: to elect all eight directors standing for election; to re-appoint Deloitte LLP as auditors of the Company; to support the Company's approach to executive compensation and to approve the continuation, amendment and restatement of the Company's Shareholder Rights Plan.

About MAG Silver Corp.

MAG Silver Corp. is a Canadian development and exploration 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. Its principal focus and asset is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the operator. The project is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where the operator is currently developing an underground mine and constructing a 4,000 tonnes per day processing plant. Underground mine production of mineralized development material commenced in Q3 2020, and an expanded exploration program is in place targeting multiple highly prospective targets at Juanicipio. MAG is also executing a multi-phase exploration program at the Deer Trail 100% earn-in project in Utah, and has recently acquired the Larder Lake project located in the historically prolific Abitibi region of Canada.

This release includes certain statements that may be deemed to be 'forward-looking statements' within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts are forward looking statements, including statements that address future mineral production, reserve potential, exploration drilling, exploitation activities and events or developments. Forward-looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'plan', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'predict', 'potential', 'targeting', 'intend', 'could', 'might', 'should', 'believe' and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although MAG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, impacts (both direct and indirect) of COVID-19, timing of receipt of required permits, changes in applicable laws, changes in commodities prices, changes in mineral production performance, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions, political risk, currency risk and capital cost inflation. In addition, forward-looking statements are subject to various risks, including that data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. The reader is referred to the MAG Silver's filings with the SEC and Canadian securities regulators for disclosure regarding these and other risk factors. There is no certainty that any forward-looking statement will come to pass, and investors should not place undue reliance upon forward-looking statements.

Contact:

Michael J. Curlook

Tel: (604) 630-1399

Toll Free: (866) 630-1399

Web: www.magsilver.com

(C) 2022 Electronic News Publishing, source ENP Newswire

All news about MAG SILVER CORP.
07/28HC Wainwright Adjusts Price Target on MAG Silver to $16.50 From $21.50, Reiterates Buy ..
MT
07/27National Bank of Canada Maintains MAG Silver's Rating, Price Target
MT
07/27MAG Silver Details Q2 Production From Juanicipio Joint Venture With Fresnillo
MT
07/27MAG SILVER : Reports Second Quarter Production From Juanicipio - Form 6-K
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07/27MAG SILVER BRIEF : Reporting Second Quarter Production From Juanicipio
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07/27MAG Silver Reports Second Quarter Production From Juanicipio
AQ
07/27MAG Silver Corp. Reports Production Results from Juanicipio Project for the Second Quar..
CI
06/28MAG SILVER : (amending and restating a shareholder rights plan agreement dated as of May 1..
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06/24MAG Silver Reports AGSM Results
AQ
06/23MAG SILVER : Reports AGSM Results - Form 6-K
PU
More news
Analyst Recommendations on MAG SILVER CORP.
More recommendations
Financials (USD)
Sales 2022 44,7 M - -
Net income 2022 41,4 M - -
Net Debt 2022 - - -
P/E ratio 2022 22,5x
Yield 2022 -
Capitalization 1 358 M 1 358 M -
Capi. / Sales 2022 30,4x
Capi. / Sales 2023 14,9x
Nbr of Employees 10
Free-Float 99,0%
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Technical analysis trends MAG SILVER CORP.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 13,75 $
Average target price 19,00 $
Spread / Average Target 38,1%
EPS Revisions
Managers and Directors
George N. Paspalas President, CEO & Non-Independent Director
Fausto di Trapani Chief Financial Officer
Peter Derek Barnes Chairman
Daniel T. MacInnis Independent Director
Jill Leversage Independent Non-Executive Director
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