George Paspalas - MAG Silver President, Chief Executive Officer, Director

MAG Stock  CAD 16.62  0.36  2.21%   

CEO

Mr. George N. Paspalas is the President, Chief Executive Officer, Director of MAG Silver Corporationration Mr. Paspalas was formerly President and CEO of Canadian based gold producer Aurizon Mines Ltd. which was acquired by Hecla Mining Company in 2013. Mr. Paspalas brings a wealth of technical, operating and capital market experience to the Company having been not only CEO of Aurizon, but also holding senior management positions at Silver Standard where he was Chief Operating Officer for 4 years, and at Placer Dome where he held several senior positions including Senior Vice President of Projects Technical Development and President and CEO, Placer Dome Africa since 2013.
Age 56
Tenure 11 years
Address 800 West Pender Street, Vancouver, BC, Canada, V6C 2V6
Phone604 630 1399
Webhttps://www.magsilver.com
Paspalas brings to the Company a strong background covering the full spectrum from early stage development, mine construction and commissioning, and with significant experience in Latin America, including Mexico.

MAG Silver Management Efficiency

The company has return on total asset (ROA) of (0.0193) % which means that it has lost $0.0193 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1071 %, meaning that it generated $0.1071 on every $100 dollars invested by stockholders. MAG Silver's management efficiency ratios could be used to measure how well MAG Silver manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MAG Silver's Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0.000098, while Return On Capital Employed is likely to drop (0.000029). At this time, MAG Silver's Return On Assets are very stable compared to the past year.
The company has accumulated 261 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. MAG Silver Corp has a current ratio of 114.19, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist MAG Silver until it has trouble settling it off, either with new capital or with free cash flow. So, MAG Silver's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MAG Silver Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MAG to invest in growth at high rates of return. When we think about MAG Silver's use of debt, we should always consider it together with cash and equity.

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MAG Silver Corp. focuses on the acquisition, exploration, and development of mineral properties primarily in the Americas. It primarily holds 44 percent interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. MAG SILVER operates under Silver classification in Canada and is traded on Toronto Stock Exchange. It employs 8 people. MAG Silver Corp (MAG) is traded on Toronto Exchange in Canada and employs 19 people. MAG Silver is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

MAG Silver Corp Leadership Team

Elected by the shareholders, the MAG Silver's board of directors comprises two types of representatives: MAG Silver inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MAG. The board's role is to monitor MAG Silver's management team and ensure that shareholders' interests are well served. MAG Silver's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MAG Silver's outside directors are responsible for providing unbiased perspectives on the board's policies.
BE AccDir, CEO President
Richard Colterjohn, Independent Director
Peter Barnes, Chairman of the Board
Jill Leversage, Independent Director
Jody Harris, Corporate Secretary
Larry Taddei, Chief Financial Officer
W Mallory, Chief Officer
Peter Megaw, Chief Exploration Officer
Fausto Trapani, Chief Officer
George Paspalas, President, Chief Executive Officer, Director
Jill Neff, VP Secretary
Rubi Lapiz, Controller
Michael Curlook, Vice President - Investor Relations and Communications
Richard Clark, Independent Director
Selma Lussenburg, Independent Director
Jonathan Rubenstein, Non-Executive Independent Chairman of the Board
Derek White, Independent Director
Daniel MacInnis, Independent Director
Peter CPG, Chief Officer

MAG Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MAG Silver a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running MAG Silver's price analysis, check to measure MAG Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.