MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Equities research analysts at HC Wainwright boosted their FY2025 earnings per share estimates for shares of MAG Silver in a research note issued on Thursday, January 30th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $1.18 per share for the year, up from their previous forecast of $1.05. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.30 earnings per share for the quarter, topping the consensus estimate of C$0.28 by C$0.02.
Several other research firms also recently weighed in on MAG. Roth Capital downgraded MAG Silver from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Panmure Gordon increased their target price on MAG Silver from C$26.40 to C$27.10 in a research note on Friday, November 22nd. TD Securities increased their target price on MAG Silver from C$26.00 to C$27.00 and gave the company a "buy" rating in a research note on Thursday. Raymond James increased their target price on MAG Silver from C$23.00 to C$26.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Finally, BMO Capital Markets increased their target price on MAG Silver from C$24.00 to C$26.00 in a research note on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$25.45.
Check Out Our Latest Research Report on MAG
MAG Silver Stock Down 3.0 %
Shares of MAG Silver stock traded down C$0.71 during midday trading on Friday, hitting C$22.84. The company had a trading volume of 223,246 shares, compared to its average volume of 136,327. The company has a debt-to-equity ratio of 0.01, a quick ratio of 25.31 and a current ratio of 28.03. The stock has a market capitalization of C$2.36 billion, a P/E ratio of 28.91, a P/E/G ratio of 0.84 and a beta of 1.14. The company has a 50 day moving average of C$21.11 and a 200 day moving average of C$20.15. MAG Silver has a 52-week low of C$11.15 and a 52-week high of C$25.36.
Insider Activity
In related news, Director George Nickolas Paspalas sold 50,024 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$21.87, for a total value of C$1,094,099.92. Insiders own 0.96% of the company's stock.
MAG Silver Company Profile
(
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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.
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