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.
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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
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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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