MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – National Bank Financial decreased their FY2025 earnings estimates for shares of MAG Silver in a report issued on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.72 for the year, down from their previous estimate of $1.46. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.
MAG has been the topic of several other research reports. TD Securities lifted their price objective on shares of MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. BMO Capital Markets lifted their price target on shares of MAG Silver from C$24.00 to C$26.00 in a research report on Friday. Stifel Nicolaus increased their price objective on MAG Silver from C$21.50 to C$25.00 in a research report on Monday, October 21st. Raymond James lifted their target price on MAG Silver from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Roth Capital downgraded MAG Silver from a “strong-buy” rating to a “hold” rating in a report on Thursday. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$23.75.
MAG Silver Price Performance
Shares of MAG Silver stock opened at C$24.22 on Friday. MAG Silver has a 52 week low of C$11.15 and a 52 week high of C$24.88. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. The stock has a market cap of C$2.50 billion, a PE ratio of 30.66, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. The company’s 50-day moving average price is C$19.46 and its two-hundred day moving average price is C$18.09.
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$0.28 EPS for the quarter, beating analysts’ consensus estimates of C$0.27 by C$0.01.
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.
Featured Stories
- Five stocks we like better than MAG Silver
- How Can Investors Benefit From After-Hours Trading
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Where Do I Find 52-Week Highs and Lows?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for MAG Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver and related companies with MarketBeat.com's FREE daily email newsletter.