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Research Analysts Issue Forecasts for MAG Silver Q4 Earnings

MAG Silver logo with Basic Materials background

MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - National Bank Financial issued their Q4 2024 earnings estimates for MAG Silver in a research note issued on Thursday, November 28th. National Bank Financial analyst D. Demarco anticipates that the company will post earnings per share of $0.28 for the quarter. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.

Several other research firms have also commented on MAG. Stifel Nicolaus boosted their price objective on shares of MAG Silver from C$25.00 to C$25.50 in a research report on Monday, November 25th. CIBC upped their price target on shares of MAG Silver from C$25.00 to C$26.00 in a report on Monday. TD Securities raised their price objective on shares of MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. Panmure Gordon lifted their price objective on MAG Silver from C$26.40 to C$27.10 in a research report on Friday, November 22nd. Finally, BMO Capital Markets increased their target price on MAG Silver from C$24.00 to C$26.00 in a report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$25.20.

Get Our Latest Stock Report on MAG Silver

MAG Silver Price Performance

MAG traded down C$0.27 during trading on Monday, reaching C$21.53. 114,074 shares of the stock were exchanged, compared to its average volume of 221,317. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31. The company has a market capitalization of C$2.22 billion, a price-to-earnings ratio of 27.25, a P/E/G ratio of 0.84 and a beta of 1.14. MAG Silver has a 1 year low of C$11.15 and a 1 year high of C$25.36. The business's 50 day moving average price is C$21.72 and its two-hundred day moving average price is C$19.07.

MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last issued its earnings results on Tuesday, November 12th. The company reported C$0.30 EPS for the quarter, topping the consensus estimate of C$0.28 by C$0.02.

MAG Silver Company Profile

(Get Free Report)

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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Earnings History and Estimates for MAG Silver (TSE:MAG)

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