MAG Stock Recent News

Does MAG Silver (MAG) have what it takes to be a top stock pick for momentum investors? Let's find out.

CADL, HMN and MAG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 19, 2025.

SUBCY, MAG, KARO, CADL and BPOP have been added to the Zacks Rank #1 (Strong Buy) List on May 19, 2025.

SUBCY, MAG and KARO made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 19, 2025.

Pan American Silver is benefiting from high gold and silver prices, strong Q1 results, and robust free cash flow, supporting a bullish outlook. The acquisition of MAG Silver adds a high-margin, long-life silver asset, enhancing Pan American's production profile and future cash flows despite short-term dilution. Pan American's diversified jurisdictional footprint and strong balance sheet position it favorably versus peers, justifying a buy rating at current valuation levels.

Fresnillo PLC (LSE:FRES) has sold most of its shares in MAG Silver following the company's takeover by Pan American Silver, saying the investment no longer fits its strategy. The Mexico-focused miner's 9% holding in MAG would have been reduced to less than 1% under the terms of the all-share acquisition, prompting the exit.

MAG Silver (MAG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

MAG, CPA and ALNT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 13, 2025.

CPA, BBVA and MAG made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 13, 2025.

Pan American Silver Corp. (TSX:PAA, NASDAQ:PAAS) shares slumped more than 16% after it announced it will be acquiring MAG Silver Corp (TSX:MAG) in a deal valued of US$2.1 billion. Per the terms of the deal, MAG shareholders can choose to receive US$20.54 per share in cash, 0.755 common shares of Pan American per MAG share, or a mix of both, with the total cash portion capped at US$500 million.