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Are you looking to buy MAG Silver stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy AMEX:MAG! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about MAG Silver stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
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.
Average volume
904,208 shs
MARKET CAP
$1.81 billion
Stock exchange
NYSEAMERICAN
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Gold & silver ores
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Below is a quick guide on how to buy AMEX:MAG stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy MAG Silver shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy MAG Silver – Search for “”AMEX:MAG”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought MAG Silver stocks with 0% commission!.
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9 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for MAG Silver in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” MAG Silver stock.
Wall Street analysts have given MAG Silver a “Buy” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but MAG Silver wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing AMEX:MAG stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy MAG Silver stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy MAG Silver stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “AMEX:MAG stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some AMEX:MAG stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, AMEX:MAG is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy MAG Silver stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
MAG Silver is scheduled to release its next quarterly earnings announcement on Monday, March 29th 2021.
View our earnings forecast for MAG Silver.
MAG Silver Corp. (NYSEAMERICAN:MAG) announced its earnings results on Friday, November, 13th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.03.
View MAG Silver’s earnings history.
MAG Silver’s stock was trading at $6.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MAG shares have increased by 179.1% and is now trading at $18.92.
9 brokers have issued 12 month price objectives for MAG Silver’s shares. Their forecasts range from $16.00 to $30.00. On average, they anticipate MAG Silver’s stock price to reach $23.97 in the next twelve months. This suggests a possible upside of 26.7% from the stock’s current price.
View analysts’ price targets for MAG Silver or view top-rated stocks among Wall Street analysts.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying AMEX:MAG stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
MAG Silver saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,030,000 shares, a decline of 17.0% from the December 31st total of 3,650,000 shares. Based on an average daily trading volume, of 637,100 shares, the days-to-cover ratio is currently 4.8 days. Approximately 3.6% of the shares of the stock are sold short.
View MAG Silver’s Short Interest.
MAG Silver’s management team includes the following people:
Mr. George N. Paspalas, Pres, CEO & Non-Independent Director (Age 58)
Mr. Larry Taddei C.A., Chief Financial Officer
Mr. Michael John Curlook, VP of Investor Relations & Communications
Ms. Rubi Lapiz, Controller
Ms. Jill Neff, Corp. Sec. (Age 43)
Mr. Marc Turcotte B.Sc., MBA, VP of Bus. Devel.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Some companies that are related to MAG Silver include Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI), NovaGold Resources (NG), Harmony Gold Mining (HMY), Coeur Mining (CDE), Eldorado Gold (EGO), Osisko Gold Royalties (OR), IAMGOLD (IAG), Seabridge Gold (SA), Fortuna Silver Mines (FSM), SilverCrest Metals (SILV) and Sandstorm Gold (SAND).
View all of MAG’s competitors.
Based on aggregate information from Reportlab, some companies that other MAG Silver investors own include First Majestic Silver (AG), Fortuna Silver Mines (FSM), B2Gold (BTG), Portola Pharmaceuticals (PTLA), (SAND), Silvercorp Metals (SVM), SSR Mining (SSRM), Alamos Gold (AGI), Alibaba Group (BABA) and Barrick Gold (GOLD).
MAG Silver trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol “MAG.”
MAG Silver’s stock is owned by a number of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (0.46%), Intact Investment Management Inc. (0.29%), Swiss National Bank (0.20%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (0.14%), Veracity Capital LLC (0.08%) and Chase Investment Counsel Corp (0.06%).
View institutional ownership trends for MAG Silver.
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MAG stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Intact Investment Management Inc., Jennison Associates LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Beirne Wealth Consulting Services LLC.
View insider buying and selling activity for MAG Silver or view top insider-selling stocks.
MAG stock was bought by a variety of institutional investors in the last quarter, including Veracity Capital LLC, SG Americas Securities LLC, Chase Investment Counsel Corp, Banque Cantonale Vaudoise, Creative Planning, CWM LLC, Swiss National Bank, and Hollencrest Capital Management.
View insider buying and selling activity for MAG Silver or or view top insider-buying stocks.
Shares of MAG can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
One share of MAG stock can currently be purchased for approximately $18.92.
MAG Silver has a market capitalization of $1.79 billion. The company earns $-4,430,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis.
MAG Silver employs 8 workers across the globe.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How can you buy MAG Silver stock on the internet?
You can easily buy MAG Silver stocks with one of the well known regulated brokers on the internet. You can open an account within 5 minutes, make deposits with countless payment providers and trade with professional tools on their platform. At the moment, our visitors rate eToro as the most popular choice.
Another option is using a regulated broker like IC Markets or Interactive Brokers. You can an account with these brokers and start buying or trading AMEX:MAG stocks in a safe and complete environment to trade in.
Where to buy MAG Silver stock?
You will first want to find a licensed broker that supports AMEX:MAG stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading AMEX:MAG stocks in a safe and complete environment.
Is AMEX:MAG stock a good investment?
As with any other asset, there is an element of risk associated with buying AMEX:MAG stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is MAG Silver stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with AMEX:MAG is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in MAG Silver stock.
How do you trade MAG Silver stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for MAG Silver stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on AMEX:MAG stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell MAG Silver stock?
To sell your AMEX:MAG stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best MAG Silver stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading AMEX:MAG stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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