MAG Silver to be Acquired by Pan American Silver in $2.1 Billion Deal

MAG Silver ( (TSE:MAG) ) has provided an update.

On May 11, 2025, MAG Silver Corp. and Pan American Silver Corp. announced a definitive agreement for Pan American to acquire all outstanding shares of MAG Silver. This transaction, valued at approximately US$2.1 billion, offers MAG shareholders a premium on their shares and the option to receive cash or Pan American shares. The acquisition provides MAG shareholders with diversified exposure to Pan American’s portfolio, including its silver and gold mines, and maintains their interest in the Juanicipio mine. The deal is expected to close in the second half of 2025, pending shareholder and regulatory approvals.

The most recent analyst rating on (TSE:MAG) stock is a Hold with a C$17.50 price target. To see the full list of analyst forecasts on MAG Silver stock, see the TSE:MAG Stock Forecast page.

Spark’s Take on TSE:MAG Stock

According to Spark, TipRanks’ AI Analyst, TSE:MAG is a Neutral.

MAG Silver’s overall score reflects a balance of strong corporate events and reasonable valuation against weak financial performance and mixed technical indicators. While the company’s stability and growth initiatives are promising, significant risks remain due to poor income generation and negative cash flows.

To see Spark’s full report on TSE:MAG stock, click here.

More about MAG Silver

MAG Silver Corp. is a company involved in the silver mining industry, holding a 44% joint venture interest in the Juanicipio mine, operated by Fresnillo plc. The company focuses on silver mining and exploration, with a significant market presence in North America.

Average Trading Volume: 297,290

Technical Sentiment Signal: Buy

Current Market Cap: C$2.55B

See more insights into MAG stock on TipRanks’ Stock Analysis page.