Roth Capital Weighs in on MAG Silver Corp.’s FY2025 Earnings (NYSEAMERICAN:MAG)

MAG Silver Corp. (NYSEAMERICAN:MAG) – Research analysts at Roth Capital issued their FY2025 earnings per share (EPS) estimates for shares of MAG Silver in a research report issued to clients and investors on Wednesday, April 24th. Roth Capital analyst J. Reagor anticipates that the company will post earnings per share of $0.49 for the year. The consensus estimate for MAG Silver’s current full-year earnings is $0.53 per share.

A number of other analysts have also issued reports on MAG. Scotiabank upgraded MAG Silver from a “sector perform” rating to a “sector outperform” rating and reduced their target price for the company from $15.00 to $13.50 in a report on Thursday, March 28th. HC Wainwright increased their price objective on MAG Silver from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday. StockNews.com upgraded MAG Silver to a “sell” rating in a research report on Wednesday, March 27th. Finally, Stifel Nicolaus dropped their target price on MAG Silver from $20.00 to $19.00 and set a “buy” rating on the stock in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $18.25.

MAG Silver Price Performance

MAG Silver stock opened at $12.97 on Thursday. MAG Silver has a 52 week low of $8.19 and a 52 week high of $13.62. The company has a market capitalization of $1.34 billion, a P/E ratio of 27.60 and a beta of 1.15.

MAG Silver (NYSEAMERICAN:MAG) last released its earnings results on Tuesday, March 19th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01.

Institutional Trading of MAG Silver

Several large investors have recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its holdings in MAG Silver by 4.4% in the 3rd quarter. Van ECK Associates Corp now owns 9,746,401 shares of the company’s stock valued at $101,069,000 after buying an additional 406,335 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of MAG Silver by 11.2% in the fourth quarter. First Eagle Investment Management LLC now owns 6,380,120 shares of the company’s stock worth $66,402,000 after acquiring an additional 642,494 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in MAG Silver by 2.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,542,545 shares of the company’s stock worth $26,403,000 after acquiring an additional 58,849 shares during the period. Jupiter Asset Management Ltd. raised its stake in MAG Silver by 1.7% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 2,364,171 shares of the company’s stock valued at $24,551,000 after purchasing an additional 38,784 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in MAG Silver by 8.8% in the 3rd quarter. Invesco Ltd. now owns 1,465,920 shares of the company’s stock valued at $15,202,000 after purchasing an additional 118,211 shares during the period. 52.50% of the stock is owned by institutional investors.

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.