FY2025 EPS Estimates for MAG Silver Decreased by Analyst

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Investment analysts at National Bank Financial lowered their FY2025 EPS estimates for shares of MAG Silver in a research note issued on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now expects that the company will earn $0.72 per share for the year, down from their previous forecast of $1.46. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Other equities research analysts have also issued reports about the stock. BMO Capital Markets raised their price objective on shares of MAG Silver from C$24.00 to C$26.00 in a report on Friday. Raymond James raised their price objective 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 objective on shares of MAG Silver from C$21.50 to C$25.00 in a report on Monday, October 21st. TD Securities raised their price objective on shares of MAG Silver from C$22.00 to C$25.00 in a report on Friday, October 18th. Finally, Roth Capital downgraded shares of MAG Silver from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$23.06.

MAG Silver Price Performance

Shares of MAG opened at C$24.22 on Friday. MAG Silver has a twelve month low of C$11.15 and a twelve month high of C$24.88. The firm’s fifty day simple moving average is C$19.46 and its 200-day simple moving average is C$18.07. The firm has a market capitalization of C$2.50 billion, a price-to-earnings ratio of 30.66, a PEG ratio of 0.84 and a beta of 1.14. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last posted its quarterly earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share for the quarter, beating the consensus estimate 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.