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National Bank Financial Estimates MAG Silver Q3 Earnings

MAG Silver logo with Basic Materials background

MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Equities research analysts at National Bank Financial issued their Q3 2024 EPS estimates for MAG Silver in a report released on Tuesday, October 22nd. National Bank Financial analyst D. Demarco expects that the company will post earnings of $0.29 per share for the quarter. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share. National Bank Financial also issued estimates for MAG Silver's FY2024 earnings at $0.90 EPS.

Several other equities research analysts have also recently issued reports on the stock. Stifel Nicolaus boosted their price objective on shares of MAG Silver from C$21.50 to C$25.00 in a research report on Monday. Raymond James lifted their price target 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. Finally, TD Securities increased their price objective on MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, MAG Silver currently has a consensus rating of "Moderate Buy" and an average price target of C$22.50.

Check Out Our Latest Research Report on MAG

MAG Silver Stock Performance

The company has a market capitalization of C$2.55 billion, a PE ratio of 31.28, a PEG 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$24.88. The business has a 50 day moving average of C$19.32 and a 200-day moving average of C$18.03. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01.

MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last released its earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share for the quarter, topping analysts' consensus estimates of C$0.27 by C$0.01.

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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