What is Roth Capital's Forecast for MAG Silver Q4 Earnings?

MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Roth Capital upped their Q4 2024 earnings estimates for shares of MAG Silver in a research report issued to clients and investors on Thursday, January 30th. Roth Capital analyst J. Reagor now expects that the company will earn $0.38 per share for the quarter, up from their prior forecast of $0.33. Roth Capital has a "Hold" rating on the stock. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share. Roth Capital also issued estimates for MAG Silver's Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.23 EPS and FY2025 earnings at $1.00 EPS.

Several other research firms have also weighed in on MAG. Raymond James boosted their target price on shares of 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. CIBC increased their price objective on shares of MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Panmure Gordon raised their target price on shares of MAG Silver from C$26.40 to C$27.10 in a report on Friday, November 22nd. TD Securities increased their price target on MAG Silver from C$26.00 to C$27.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Finally, Stifel Nicolaus raised their price target on MAG Silver from C$25.00 to C$25.50 in a report on Monday, November 25th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, MAG Silver has an average rating of "Moderate Buy" and a consensus target price of C$25.45.

MAG Silver Stock Performance

Shares of MAG stock traded down C$0.24 on Friday, hitting C$23.04. 307,863 shares of the stock traded hands, compared to its average volume of 148,230. The company's fifty day moving average is C$21.11 and its 200 day moving average is C$20.17. 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 capitalization of C$2.38 billion, a PE ratio of 29.16, 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 (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last announced its quarterly earnings data on Tuesday, November 12th. The company reported C$0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.28 by C$0.02.

Insider Activity at MAG Silver

In other news, Director George Nickolas Paspalas sold 50,024 shares of the business'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. Company insiders own 0.96% of the company's stock.

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.