MAG Silver Corp (MAG Silver) is an exploration and development company. It offers acquisition, exploration and development of silver properties. The company operates exploration properties includes Juanicipio and Cinco de Mayo. Its MAG Silver and Fresnillo are jointly developing the Valdecanas Deposit on the Juanicipio Joint Venture in Zacatecas State. MAG Silver also develops underground infrastructures for its mining operations. The company partners with other exploration companies for mining programs. It operates district scale and silver-dominant projects in Canada and Mexico. MAG Silver is headquartered in Vancouver, British Columbia, Canada.
Headquarters
Canada
Address
770-800 Pender St W, Vancouver, British Columbia, V6C2V6
Website
www.magsilver.com
Telephone
1 604 6301399
No of Employees
10
Industry
Metals and Mining
Ticker Symbol & Exchange
MAG (TSE)
EPS
XXX
Net Income (2021)
XXX
-60.3%
(2021 vs 2020)
Market Cap*
$1.7B
* As of and is in US$
Explore premium data & analytics
Products and Services
| Services |
|---|
| Acquisition, Exploration and Development of Silver Properties |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In March, the company agreed to acquire Gatling Exploration, a Canada-based gold exploration company. |
| 2021 | Contracts/Agreements | In November, the company signed a binding commitment letter with the Bank of Montreal for US$40 million revolving credit facility. |
| 2020 | Contracts/Agreements | In September, the company entered into an agreement to acquire Consolidated Silver-Rich Deer Trail project in Utah, the US. |
Competitor Comparison
| Key Parameters | MAG Silver Corp | Pan American Silver Corp | Excellon Resources Inc | IMPACT Silver Corp | Avino Silver & Gold Mines Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Vancouver | Vancouver | Toronto | Vancouver | Vancouver |
| State/Province | British Columbia | British Columbia | Ontario | British Columbia | British Columbia |
| No. of Employees | 10 | 7,100 | 257 | - | 30 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Barnes | Chairman | Executive Board | 2020 | - |
| George Paspalas | Director; Chief Executive Officer; President | Executive Board | - | - |
| Larry Taddei | Chief Financial Officer | Senior Management | 2010 | - |
| Jim Mallory | Chief Sustainability Officer | Senior Management | 2021 | - |
| Marc Turcotte | Vice President - Business Development | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer