MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Research analysts at HC Wainwright raised their FY2024 earnings per share (EPS) estimates for MAG Silver in a report issued on Wednesday, November 13th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $1.03 per share for the year, up from their prior estimate of $0.92. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share. HC Wainwright also issued estimates for MAG Silver's FY2025 earnings at $1.05 EPS.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last posted its quarterly earnings data on Tuesday, November 12th. The company reported C$0.30 EPS for the quarter, beating analysts' consensus estimates of C$0.28 by C$0.02.
A number of other analysts have also recently commented on MAG. TD Securities boosted their price objective on MAG Silver from C$22.00 to C$25.00 in a research report on Friday, October 18th. CIBC boosted their price target on MAG Silver from C$24.00 to C$25.00 in a research report on Wednesday. BMO Capital Markets boosted their price target on MAG Silver from C$24.00 to C$26.00 in a research report on Friday, October 25th. Raymond James boosted their price target on MAG Silver from C$23.00 to C$26.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Finally, Roth Capital cut MAG Silver from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$24.71.
Read Our Latest Analysis on MAG Silver
MAG Silver Price Performance
Shares of MAG Silver stock traded up C$0.77 on Thursday, reaching C$21.48. The company's stock had a trading volume of 106,687 shares, compared to its average volume of 224,903. The company has a market capitalization of C$2.22 billion, a P/E ratio of 26.90, a PEG ratio of 0.84 and a beta of 1.14. MAG Silver has a 52-week low of C$11.15 and a 52-week high of C$25.36. The stock has a 50-day moving average price of C$20.76 and a 200-day moving average price of C$18.69. The company has a quick ratio of 25.31, a current ratio of 28.03 and a debt-to-equity ratio of 0.01.
MAG Silver Company Profile
(
Get Free Report)
MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.
See Also
Before you consider MAG Silver, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MAG Silver wasn't on the list.
While MAG Silver currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
