About MAG Silver Corp
MAG Silver Corp is a publicly listed company based in Vancouver (Canada) founded in 1999, and was acquired by Pan American Silver in May 2025. Silver mining and exploration operations are conducted in Canada. MAG Silver Corp has completed 1 acquisition, including Americas Gold and Silver. Its chief executive, as recorded, is George Paspalas. MAG Silver Corp offers products and services including Silver Production and Exploration Services. Its focus areas include Mining, Mining Companies and Diversified. Its legal entity is MAG Silver Corp.
Company details
MAG Silver Corp was established in 1999 and is headquartered in Vancouver, Canada. Focus is placed on silver mining and exploration within the mining sector. Activities include resource development and geological assessments, primarily in North American regions. Leadership is provided by CEO and President George Paspalas, with operations supported through strategic partnerships and regulatory compliance.
- Headquarters Vancouver, Canada
- Stage Acquired
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website magsilver.com
- Social LinkedIn X YouTube
- Acquired by Pan American Silver (May 2025)
- Legal Name Mag Silver Corp.
- Latest Funding Round$17.2M (USD), Post-IPO
Feb 2023
- InvestorsPan American Silver
& 1 more
- Investments & Acquisitions
- Acquired byPan American Silver
(May 2025)
Products & Services of MAG Silver Corp
MAG Silver Corp offers a comprehensive portfolio of products and services, including Silver Production and Exploration Services.
Silver production from high-grade mines is carried out by MAG Silver Corp. in North American regions.
Exploration of precious metals projects is provided by MAG Silver Corp. to support ongoing development and resource assessment.
Apps and channels of MAG Silver Corp
its YouTube channel Mag Silver has 27 subscribers.
Funding Insights of MAG Silver Corp
- Total Rounds 5
- Last Round Post-IPO — $17.2M
- First Round $10.21M
(May 2010)
- Investors Count 1
All 5 funding rounds of MAG Silver Corp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $17.2M | Post-IPO | – | – | – |
| Nov 2021 | Post-IPO | – | – | – | |
| Apr 2020 | $42.54M | Post-IPO | – | – | |
| Nov 2017 | $48.16M | Post-IPO | – | – | – |
| May 2010 | $10.21M | Post-IPO | – | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in MAG Silver Corp
MAG Silver Corp has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Pan American Silver and Eric Sprott.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Silver mining and exploration projects are managed by the company. | 1994 | panamericansilver.com | Vancouver, Canada | |
ES Eric Sprott | unknown_3df4823f8c1a47b4b |
Investor details for MAG Silver Corp
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People of MAG Silver Corp
1 people are tracked at MAG Silver Corp (1 in leadership).
| Name | Role | Group |
|---|---|---|
George Paspalas | CEO & President | Leadership |
Complete people profiles for MAG Silver Corp
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IPO & Listings of MAG Silver Corp
MAG Silver Corp is a publicly listed company on the TSX with ticker symbol MAG in Canada, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Oct 2007
- Listed onTSX: MAG
- Listed entityMAG Silver Corp.
- Exchange sectorNon-energy minerals
- Share price34.38 CAD (+2.9% on the day) · 2025-09-08
- Market capitalisation3,563,944,350.00 CAD
- Price to earnings24.8
- EPS (diluted, trailing year)1.39 CAD
- Dividend yield0.24%
- Volume (last session)146,911
- Analyst consensusNeutral
Investments & Acquisitions by MAG Silver Corp
MAG Silver Corp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Americas Gold and Silver.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mining and exploration services for gold projects are provided. | gatlingexploration.com | Vancouver, Canada | 2018 | Mar 2022 | •••• |
Complete acquisition details for MAG Silver Corp
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- Exports
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Timeline of MAG Silver Corp
6 dated milestones of MAG Silver Corp across 26 years, from founding to its latest funding, stage changes and deals.
- Founded MAG Silver Corp is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $10.2M.
- Acquisition Acquires Americas Gold and Silver.
- Funding Latest funding round, Post-IPO, of $17.2M.
- Exit Acquired by Pan American Silver.
Web traffic of MAG Silver Corp
Websites that share an audience with MAG Silver Corp (magsilver.com).
Websites whose visitors overlap most with MAG Silver Corp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eldoradogold.com | 100% | 27.1K | #1,083,861 | View details | |
| alamosgold.com | 94% | 38.7K | #557,414 | View details | |
| panamericansilver.com | 91% | 61.8K | #541,340 | View details | |
| torexgold.com | 86% | 13.6K | #1,507,750 | View details |
Top companies in Mining Companies
3 companies that operate in the same segment as MAG Silver Corp (Mining Companies) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
First Majestic is engaged in silver and gold mining operations. | 2002 | Vancouver, British Columbia, Canada | USD 1.29 B | |||
Diversified exploration and development of metals are conducted globally. | 1949 | Rouyn-noranda, Quebec, Canada | USD 1.06 M | |||
Previous metals exploration company | 1973 | Vancouver, British Columbia, Canada | USD 9.47 M |
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Related news about Mag Silver Corp
Complete news archive for MAG Silver Corp
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Frequently Asked Questions about MAG Silver Corp
MAG Silver Corp was founded in 1999 and raised its 1st funding round 11 years after it was founded.
MAG Silver Corp is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
George Paspalas is the CEO of MAG Silver Corp, as recorded in our data.
MAG Silver Corp was established in 1999 and is headquartered in Vancouver, Canada. Focus is placed on silver mining and exploration within the mining sector. Activities include resource development and geological assessments, primarily in North American regions. Leadership is provided by CEO and President George Paspalas, with operations supported through strategic partnerships and regulatory compliance.
MAG Silver Corp offers Silver Production and Exploration Services.
Yes, MAG Silver Corp is publicly traded on TSX under the ticker symbol MAG.
MAG Silver Corp has made 1 acquisition, including Americas Gold and Silver.
MAG Silver Corp has 2 investors. Key investors include Pan American Silver, and Eric Sprott.
MAG Silver Corp operates through Mag Silver Corp..
Yes. MAG Silver Corp was acquired by Pan American Silver in May 2025.