Q4 Earnings Forecast for MAG Silver Issued By Roth Capital

MAG Silver Corp. (NYSEAMERICAN:MAG) – Stock analysts at Roth Capital boosted their Q4 2024 earnings per share (EPS) estimates for shares of MAG Silver in a report released on Thursday, January 30th. Roth Capital analyst J. Reagor now expects that the company will post earnings per share of $0.26 for the quarter, up from their prior forecast of $0.24. Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for MAG Silver’s current full-year earnings is $0.74 per share. Roth Capital also issued estimates for MAG Silver’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS and FY2025 earnings at $0.69 EPS.

MAG Silver (NYSEAMERICAN:MAG) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02.

Several other equities research analysts have also commented on MAG. HC Wainwright boosted their price objective on MAG Silver from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday. Roth Mkm cut shares of MAG Silver from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $17.00 to $17.50 in a research note on Thursday, October 24th. Finally, StockNews.com raised shares of MAG Silver from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $18.63.

MAG Silver Price Performance

MAG opened at $16.28 on Friday. MAG Silver has a fifty-two week low of $8.19 and a fifty-two week high of $18.27. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 21.48 and a beta of 1.08.

Institutional Trading of MAG Silver

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC purchased a new stake in shares of MAG Silver in the 4th quarter valued at about $240,000. Allspring Global Investments Holdings LLC raised its position in MAG Silver by 56.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 278,000 shares of the company’s stock valued at $3,781,000 after purchasing an additional 100,500 shares during the last quarter. JPMorgan Chase & Co. raised its position in MAG Silver by 69.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 456,335 shares of the company’s stock valued at $6,407,000 after purchasing an additional 186,445 shares during the last quarter. Tidal Investments LLC grew its position in MAG Silver by 3.6% during the 3rd quarter. Tidal Investments LLC now owns 2,810,051 shares of the company’s stock worth $39,453,000 after purchasing an additional 98,312 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of MAG Silver by 211.5% during the third quarter. Barclays PLC now owns 30,780 shares of the company’s stock worth $432,000 after buying an additional 20,899 shares during the period. Institutional investors and hedge funds own 52.50% of the company’s stock.

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.