FY2025 EPS Estimates for MAG Silver Boosted by HC Wainwright

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Research analysts at HC Wainwright increased their FY2025 EPS estimates for shares of MAG Silver in a research note issued on Thursday, January 30th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $1.18 per share for the year, up from their previous estimate of $1.05. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Several other research firms have also commented on MAG. TD Securities raised their price objective on shares of MAG Silver from C$26.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday. Raymond James increased their target price on shares of MAG Silver from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. BMO Capital Markets boosted their price target on shares of MAG Silver from C$24.00 to C$26.00 in a research note on Friday, October 25th. Stifel Nicolaus increased their price objective on MAG Silver from C$25.00 to C$25.50 in a research note on Monday, November 25th. Finally, CIBC boosted their target price on MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$25.45.

MAG Silver Stock Performance

Shares of MAG Silver stock opened at C$23.55 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31. The stock has a market capitalization of C$2.43 billion, a price-to-earnings ratio of 29.81, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. The business has a 50-day moving average of C$21.05 and a 200 day moving average of C$20.09. MAG Silver has a 12 month low of C$11.15 and a 12 month high of C$25.36.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last released its quarterly earnings results on Tuesday, November 12th. The company reported C$0.30 EPS for the quarter, topping analysts’ consensus estimates of C$0.28 by C$0.02.

Insider Buying and Selling

In related news, Director George Nickolas Paspalas sold 50,024 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$21.87, for a total value of C$1,094,099.92. Insiders own 0.96% 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.