FY2025 EPS Estimates for MAG Silver Raised by HC Wainwright

MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Investment analysts at HC Wainwright lifted their FY2025 earnings per share estimates for shares of MAG Silver in a research note issued to investors on Tuesday, March 25th. HC Wainwright analyst H. Ihle now expects that the company will earn $1.45 per share for the year, up from their prior estimate of $1.18. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.

Several other equities research analysts have also recently weighed in on the company. TD Securities raised MAG Silver to a "strong-buy" rating in a research note on Monday, March 10th. Raymond James increased their target price on shares of MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday, March 25th. Finally, CIBC boosted their price target on shares of MAG Silver from C$25.00 to C$26.00 in a research report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$25.58.

MAG Silver Trading Down 1.6 %

TSE MAG traded down C$0.37 on Thursday, reaching C$22.07. The company had a trading volume of 109,552 shares, compared to its average volume of 201,728. The firm has a market cap of C$1.60 billion, a price-to-earnings ratio of 21.44, a P/E/G 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 fifty-two week low of C$14.43 and a fifty-two week high of C$25.36. The business has a 50 day moving average of C$22.62 and a two-hundred day moving average of C$21.61.

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MAG Silver Company Profile

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%).