MAG Silver Corp. (TSE:MAG) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of MAG Silver Corp. (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG have been given an average rating of "Moderate Buy" by the eight research firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$25.08.

MAG has been the topic of a number of recent analyst reports. TD Securities upped their price objective on MAG Silver from C$22.00 to C$25.00 in a report on Friday, October 18th. BMO Capital Markets increased their price target on MAG Silver from C$24.00 to C$26.00 in a report on Friday, October 25th. Roth Capital lowered shares of MAG Silver from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Stifel Nicolaus increased their target price on shares of MAG Silver from C$25.00 to C$25.50 in a research note on Monday, November 25th. Finally, Panmure Gordon lifted their price target on shares of MAG Silver from C$26.40 to C$27.10 in a research report on Friday, November 22nd.

MAG Silver Trading Up 0.9 %

TSE:MAG traded up C$0.20 during trading hours on Friday, hitting C$21.80. The company had a trading volume of 176,676 shares, compared to its average volume of 221,780. MAG Silver has a 1 year low of C$11.15 and a 1 year high of C$25.36. The company has a market cap of C$2.25 billion, a P/E ratio of 27.59, a P/E/G ratio of 0.84 and a beta of 1.14. The company has a 50-day moving average of C$21.67 and a 200 day moving average of C$19.04. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01.

MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last released its quarterly earnings data on Tuesday, November 12th. The company reported C$0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.28 by C$0.02. Sell-side analysts expect that MAG Silver will post 1.2235023 earnings per share for the current year.

MAG Silver Company Profile

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.