MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG had its price target hoisted by research analysts at BMO Capital Markets from C$24.00 to C$26.00 in a research note issued on Friday, BayStreet.CA reports. BMO Capital Markets' price target indicates a potential upside of 7.35% from the stock's previous close.
Several other equities research analysts have also commented on MAG. Roth Capital lowered shares of MAG Silver from a "strong-buy" rating to a "hold" rating in a report on Thursday. Raymond James increased their price objective on shares of MAG Silver from C$23.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Thursday. Stifel Nicolaus increased their price target on shares of MAG Silver from C$21.50 to C$25.00 in a report on Monday. Finally, TD Securities increased their price target on shares of MAG Silver from C$22.00 to C$25.00 in a report on Friday, October 18th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$23.06.
Check Out Our Latest Research Report on MAG Silver
MAG Silver Trading Down 2.0 %
TSE MAG traded down C$0.49 during trading on Friday, hitting C$24.22. The stock had a trading volume of 290,849 shares, compared to its average volume of 218,406. The company has a debt-to-equity ratio of 0.01, a quick ratio of 25.31 and a current ratio of 28.03. The stock has a market capitalization of C$2.50 billion, a price-to-earnings ratio of 30.66, a P/E/G ratio of 0.84 and a beta of 1.14. MAG Silver has a one year low of C$11.15 and a one year high of C$24.88. The stock has a 50 day simple moving average of C$19.46 and a 200 day simple moving average of C$18.07.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last announced its quarterly earnings data on Thursday, August 1st. The company reported C$0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.27 by C$0.01. Sell-side analysts predict that MAG Silver will post 1.2235023 earnings per share for the current year.
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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