What is Cormark's Forecast for MAG Silver Q1 Earnings?

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Analysts at Cormark issued their Q1 2025 earnings per share estimates for MAG Silver in a research report issued to clients and investors on Tuesday, April 22nd. Cormark analyst N. Dion expects that the company will earn $0.17 per share for the quarter. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

Several other research analysts also recently commented on MAG. StockNews.com raised shares of MAG Silver from a "sell" rating to a "hold" rating in a research note on Monday, March 31st. HC Wainwright raised their target price on shares of MAG Silver from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday, March 25th. Scotiabank reaffirmed a "sector perform" rating on shares of MAG Silver in a research note on Monday, April 14th. TD Securities raised MAG Silver to a "strong-buy" rating in a research note on Monday, March 10th. Finally, Roth Capital set a $16.00 target price on MAG Silver in a research report on Tuesday, March 25th. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $18.60.

MAG Silver Stock Down 2.7 %

MAG stock opened at $15.10 on Wednesday. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 21.27 and a beta of 1.09. MAG Silver has a twelve month low of $11.29 and a twelve month high of $18.27. The business's fifty day simple moving average is $15.51 and its two-hundred day simple moving average is $15.23.

MAG Silver Dividend Announcement

The firm also recently disclosed a -- dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 4th were paid a $0.18 dividend. This represents a yield of 1.5%. The ex-dividend date was Friday, April 4th. MAG Silver's dividend payout ratio (DPR) is 101.41%.

Institutional Trading of MAG Silver

Several hedge funds and other institutional investors have recently bought and sold shares of MAG. Aigen Investment Management LP purchased a new stake in shares of MAG Silver during the 4th quarter worth $156,000. D. E. Shaw & Co. Inc. purchased a new stake in shares of MAG Silver during the fourth quarter valued at about $156,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of MAG Silver in the 4th quarter valued at about $188,000. Tradition Wealth Management LLC purchased a new position in shares of MAG Silver in the 4th quarter worth approximately $222,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of MAG Silver during the 4th quarter worth approximately $240,000. Institutional investors own 52.50% of the company's stock.

About MAG Silver

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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