MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – Investment analysts at Raymond James lowered their FY2025 earnings estimates for shares of MAG Silver in a research note issued on Monday, March 24th. Raymond James analyst B. Macarthur now forecasts that the company will earn $1.33 per share for the year, down from their previous estimate of $1.35. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.
Other research analysts have also issued reports about the company. TD Securities raised MAG Silver to a “strong-buy” rating in a research report on Monday, March 10th. CIBC boosted their target price on shares of MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$25.58.
MAG Silver Stock Down 2.0 %
MAG Silver stock opened at C$23.51 on Wednesday. The company has a quick ratio of 25.31, a current ratio of 32.55 and a debt-to-equity ratio of 0.01. The firm has a market cap of C$1.70 billion, a P/E ratio of 22.84, a P/E/G ratio of 0.84 and a beta of 1.14. The business has a fifty day moving average of C$22.54 and a two-hundred day moving average of C$21.42. MAG Silver has a twelve month low of C$12.24 and a twelve month high of C$25.36.
MAG Silver Company Profile
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).
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