MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Roth Capital raised their FY2024 earnings per share estimates for shares of MAG Silver in a note issued to investors on Monday, October 7th. Roth Capital analyst J. Reagor now forecasts that the company will earn $1.10 per share for the year, up from their previous estimate of $1.01. Roth Capital also issued estimates for MAG Silver's FY2025 earnings at $0.88 EPS.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.28 EPS for the quarter, topping analysts' consensus estimates of C$0.27 by C$0.01.
MAG has been the subject of several other reports. TD Securities boosted their price objective on shares of MAG Silver from C$21.00 to C$22.00 in a research report on Monday, July 22nd. Stifel Nicolaus lifted their target price on MAG Silver from C$21.25 to C$21.50 in a research report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$21.17.
Read Our Latest Stock Report on MAG
MAG Silver Trading Up 1.1 %
Shares of TSE:MAG traded up C$0.23 during trading hours on Wednesday, hitting C$20.55. 148,263 shares of the company's stock traded hands, compared to its average volume of 215,894. The firm has a market capitalization of C$2.12 billion, a P/E ratio of 26.35, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. The business has a fifty day moving average price of C$18.26 and a 200-day moving average price of C$17.34. MAG Silver has a 1 year low of C$11.15 and a 1 year high of C$20.91. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31.
About MAG Silver
(
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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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