Shares of MAG Silver Corp. (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG have earned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$25.20.
Several equities research analysts have recently commented on the stock. TD Securities boosted their target price on shares of MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. Panmure Gordon boosted their target price on MAG Silver from C$26.40 to C$27.10 in a research note on Friday, November 22nd. CIBC lifted their price target on shares of MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Roth Capital lowered shares of MAG Silver from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Finally, BMO Capital Markets raised their target price on shares of MAG Silver from C$24.00 to C$26.00 in a report on Friday, October 25th.
Read Our Latest Stock Report on MAG Silver
MAG Silver Trading Up 0.6 %
MAG Silver stock traded up C$0.13 during midday trading on Monday, reaching C$22.07. The stock had a trading volume of 26,881 shares, compared to its average volume of 139,691. The firm's fifty day simple moving average is C$21.04 and its two-hundred day simple moving average is C$19.79. The firm has a market cap of C$2.28 billion, a price-to-earnings ratio of 27.94, a PEG 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 28.03 and a quick ratio of 25.31. MAG Silver has a twelve month low of C$11.15 and a twelve month high of C$25.36.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last announced its earnings results on Tuesday, November 12th. The company reported C$0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.28 by C$0.02. Equities analysts anticipate that MAG Silver will post 1.2235023 EPS for the current fiscal year.
Insider Activity
In other news, Director George Nickolas Paspalas sold 50,024 shares of the 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. Corporate insiders own 0.96% of the company's stock.
MAG Silver Company Profile
(
Get Free ReportMAG 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.
Featured Stories
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
