Roth Capital downgraded shares of MAG Silver (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) from a strong-buy rating to a hold rating in a research note published on Thursday, Zacks.com reports. Roth Capital also issued estimates for MAG Silver’s Q3 2024 earnings at $0.37 EPS and FY2024 earnings at $1.17 EPS.
MAG has been the subject of a number of other reports. Raymond James upped 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 report on Thursday. Stifel Nicolaus raised their price target on shares of MAG Silver from C$21.50 to C$25.00 in a report on Monday. Finally, TD Securities raised their price target on shares of MAG Silver from C$22.00 to C$25.00 in a report on Friday, October 18th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, MAG Silver has a consensus rating of “Moderate Buy” and a consensus target price of C$22.50.
View Our Latest Analysis on MAG
MAG Silver Stock Performance
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last posted its quarterly earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.27 by C$0.01. As a group, research analysts predict that MAG Silver will post 1.2235023 EPS for the current year.
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.
Read More
- Five stocks we like better than MAG Silver
- How to Find Undervalued Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
- Investing In Preferred Stock vs. Common Stock
- The Downtrend in UPS Stock Isn’t Over Yet
- How to Calculate Stock Profit
- Maximize Portfolio Income with These 3 Dividend ETFs
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.