MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – Raymond James raised their FY2025 earnings estimates for shares of MAG Silver in a research report issued to clients and investors on Monday, September 23rd. Raymond James analyst B. Macarthur now expects that the company will post earnings of $1.01 per share for the year, up from their previous forecast of $0.76. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.
A number of other brokerages also recently commented on MAG. Stifel Nicolaus increased their price objective on shares of MAG Silver from C$21.25 to C$21.50 in a research report on Tuesday, August 6th. TD Securities increased their target price on MAG Silver from C$21.00 to C$22.00 in a report on Monday, July 22nd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.17.
MAG Silver Price Performance
MAG Silver has a 1-year low of C$11.15 and a 1-year high of C$20.91. The company has a fifty day moving average price of C$18.05 and a 200 day moving average price of C$16.98. 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 firm has a market capitalization of C$2.04 billion, a PE ratio of 24.95, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14.
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share (EPS) 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.
Featured Articles
- Five stocks we like better than MAG Silver
- Best Stocks Under $5.00
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- Breakout Stocks: What They Are and How to Identify Them
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- 3 Small Caps With Big Return Potential
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
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.
