Scotiabank Analysts Reduce Earnings Estimates for MAG Silver

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Research analysts at Scotiabank decreased their FY2025 EPS estimates for shares of MAG Silver in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.73 per share for the year, down from their previous estimate of $0.84. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share. Scotiabank also issued estimates for MAG Silver’s FY2026 earnings at $0.69 EPS.

Other analysts have also issued reports about the stock. CIBC boosted their price target on shares of MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Panmure Gordon upped their target price on shares of MAG Silver from C$26.40 to C$27.10 in a research note on Friday, November 22nd. Raymond James raised 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 report on Thursday, October 24th. TD Securities boosted their price target on shares of MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. Finally, Roth Capital cut MAG Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$25.20.

MAG Silver Price Performance

MAG opened at C$19.75 on Monday. The stock’s 50-day moving average price is C$21.14 and its 200 day moving average price is C$19.65. MAG Silver has a 12-month low of C$11.15 and a 12-month high of C$25.36. The firm has a market cap of C$2.04 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 0.84 and a beta of 1.14. 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) (NYSEAMERICAN:MAG) last released its quarterly 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 Buying and Selling

In other MAG Silver news, Director George Nickolas Paspalas sold 50,024 shares of MAG Silver stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of C$21.87, for a total transaction of C$1,094,099.92. 0.96% of the stock is owned by company insiders.

MAG Silver Company Profile

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.