Q1 Earnings Forecast for MAG Silver Issued By Cormark

MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Equities research analysts at Cormark issued their Q1 2025 earnings per share (EPS) estimates for MAG Silver in a research note issued to investors on Tuesday, April 22nd. Cormark analyst N. Dion anticipates that the company will post earnings of $0.24 per share 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 issued reports on MAG. Raymond James lifted their price target on shares of MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday, March 25th. TD Securities raised MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, MAG Silver presently has an average rating of "Moderate Buy" and a consensus target price of C$25.58.

MAG Silver Stock Performance

Shares of MAG opened at C$20.85 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31. The firm's 50 day moving average is C$21.88 and its 200-day moving average is C$21.82. MAG Silver has a 12-month low of C$15.64 and a 12-month high of C$25.36. The stock has a market capitalization of C$1.51 billion, a P/E ratio of 20.26, a P/E/G ratio of 0.84 and a beta of 1.14.

MAG Silver Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 21st were given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.38%. The ex-dividend date was Friday, April 4th.

MAG Silver Company Profile

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%).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.