MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Stock analysts at Cormark issued their Q4 2024 earnings per share estimates for shares of MAG Silver in a report released on Thursday, January 30th. Cormark analyst N. Dion anticipates that the company will earn $0.26 per share for the quarter. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.
Several other research firms also recently issued reports on MAG. CIBC upped their price target on MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Stifel Nicolaus increased their price target on MAG Silver from C$25.00 to C$25.50 in a report on Monday, November 25th. Raymond James boosted 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, October 24th. Roth Capital lowered shares of MAG Silver from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Finally, Panmure Gordon boosted their target price on shares of MAG Silver from C$26.40 to C$27.10 in a research report on Friday, November 22nd. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$25.45.
Read Our Latest Research Report on MAG Silver
MAG Silver Stock Down 1.0 %
TSE:MAG traded down C$0.24 during trading hours on Friday, reaching C$23.04. The company's stock had a trading volume of 307,863 shares, compared to its average volume of 148,230. MAG Silver has a one year low of C$11.15 and a one year high of C$25.36. The business's 50-day moving average is C$21.11 and its 200-day moving average is C$20.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31. The company has a market cap of C$2.38 billion, a price-to-earnings ratio of 29.16, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last posted its earnings results on Tuesday, November 12th. The company reported C$0.30 EPS for the quarter, topping the consensus estimate of C$0.28 by C$0.02.
Insider Transactions at MAG Silver
In other news, Director George Nickolas Paspalas sold 50,024 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$21.87, for a total value of C$1,094,099.92. Insiders own 0.96% of the company's stock.
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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