MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Stock analysts at Raymond James reduced their FY2025 earnings per share estimates for shares of MAG Silver in a research note issued on Monday, March 24th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $1.33 per share for the year, down from their previous estimate of $1.35. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.
A number of other research analysts also recently commented on MAG. TD Securities upgraded MAG Silver to a "strong-buy" rating in a research note on Monday, March 10th. CIBC boosted their price target on MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Three equities 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$25.58.
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MAG Silver Stock Down 5.3 %
Shares of MAG Silver stock traded down C$1.26 on Wednesday, hitting C$22.44. 357,707 shares of the company traded hands, compared to its average volume of 203,308. MAG Silver has a 12-month low of C$14.43 and a 12-month high of C$25.36. The company has a quick ratio of 25.31, a current ratio of 32.55 and a debt-to-equity ratio of 0.01. The company has a market cap of C$1.63 billion, a PE ratio of 21.80, a PEG ratio of 0.84 and a beta of 1.14. The company has a 50-day moving average price of C$22.62 and a 200 day moving average price of C$21.57.
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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