MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – Investment analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for shares of MAG Silver in a report issued on Monday, March 24th. Raymond James analyst B. Macarthur now expects that the company will earn $1.33 per share for the year, down from their prior forecast of $1.35. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.
MAG has been the topic of several other reports. CIBC boosted their price target on shares of MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. TD Securities upgraded MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, MAG Silver currently has an average rating of “Moderate Buy” and a consensus target price of C$25.58.
MAG Silver Stock Performance
Shares of MAG opened at C$22.89 on Wednesday. MAG Silver has a 52 week low of C$12.40 and a 52 week high of C$25.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 25.31 and a current ratio of 32.55. The company has a market capitalization of C$1.66 billion, a PE ratio of 22.24, a PEG ratio of 0.84 and a beta of 1.14. The company’s 50 day moving average price is C$22.57 and its 200 day moving average price is C$21.45.
About MAG Silver
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).
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