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MAG Silver (MAG Silver) Market Cap

: $1,218.65 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MAG Silver's share price for the quarter that ended in Dec. 2023 was $10.41. MAG Silver's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 102.97 Mil. Therefore, MAG Silver's market cap for the quarter that ended in Dec. 2023 was $1,071.95 Mil.

MAG Silver's quarterly market cap declined from Jun. 2023 ($1,146.80 Mil) to Sep. 2023 ($1,067.58 Mil) but then increased from Sep. 2023 ($1,067.58 Mil) to Dec. 2023 ($1,071.95 Mil).

MAG Silver's annual market cap increased from Dec. 2021 ($1,532.67 Mil) to Dec. 2022 ($1,546.69 Mil) but then declined from Dec. 2022 ($1,546.69 Mil) to Dec. 2023 ($1,071.95 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MAG Silver's Enterprise Value for Today is $1,208.02 Mil.


MAG Silver Market Cap Historical Data

The historical data trend for MAG Silver's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MAG Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,025.11 1,945.56 1,532.67 1,546.69 1,071.95

MAG Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,546.69 1,303.15 1,146.80 1,067.58 1,071.95

Competitive Comparison

For the Silver subindustry, MAG Silver's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MAG Silver Market Cap Distribution

For the Metals & Mining industry and Basic Materials sector, MAG Silver's Market Cap distribution charts can be found below:

* The bar in red indicates where MAG Silver's Market Cap falls into.



MAG Silver Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

MAG Silver's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$10.41*102.973
=$1,071.95

MAG Silver's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$10.41*102.973
=$1,071.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MAG Silver  (AMEX:MAG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


MAG Silver Market Cap Related Terms

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MAG Silver (MAG Silver) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
MAG Silver Corp is a Canadian mining company. It is 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 are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.