MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Equities research analysts at Cormark lowered their FY2025 earnings per share (EPS) estimates for MAG Silver in a research note issued to investors on Tuesday, March 25th. Cormark analyst N. Dion now expects that the company will post earnings of $0.96 per share for the year, down from their previous forecast of $1.11. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.
Several other research firms have also recently weighed in on MAG. CIBC boosted their price target on shares of MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Raymond James boosted their target price on MAG Silver from C$26.00 to C$27.00 in a research note on Tuesday, March 25th. Finally, TD Securities raised MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$25.58.
Check Out Our Latest Stock Report on MAG Silver
MAG Silver Stock Down 1.6 %
Shares of TSE MAG traded down C$0.37 during trading on Thursday, hitting C$22.07. The stock had a trading volume of 109,552 shares, compared to its average volume of 201,728. The firm has a fifty day moving average of C$22.62 and a two-hundred day moving average of C$21.61. The company has a market capitalization of C$1.60 billion, a PE ratio of 21.44, a PEG ratio of 0.84 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31. MAG Silver has a 12 month low of C$14.43 and a 12 month high of C$25.36.
MAG Silver Company Profile
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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%).
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