Raymond James Equities Analysts Lift Earnings Estimates for MAG Silver Corp. (TSE:MAG)

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Analysts at Raymond James boosted their FY2025 earnings estimates for MAG Silver in a research note issued to investors on Monday, September 23rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $1.01 per share for the year, up from their previous estimate of $0.76. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus boosted their price objective on shares of MAG Silver from C$21.25 to C$21.50 in a research note on Tuesday, August 6th. TD Securities upped their price objective on MAG Silver from C$21.00 to C$22.00 in a research note on Monday, July 22nd. Finally, National Bankshares lifted their target price on MAG Silver from C$21.00 to C$24.00 and gave the company an “outperform” rating in a research note on Wednesday, May 29th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.17.

MAG Silver Trading Up 0.2 %

TSE MAG opened at C$20.30 on Thursday. MAG Silver has a one year low of C$11.15 and a one year high of C$20.78. 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 company has a market capitalization of C$2.09 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. The company’s 50-day simple moving average is C$18.02 and its two-hundred day simple moving average is C$16.92.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last issued its earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.27 by C$0.01.

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.