Analysts Issue Forecasts for MAG Silver FY2025 Earnings

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Equities research analysts at Raymond James lowered their FY2025 earnings per share estimates for MAG Silver in a research note issued to investors 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 prior estimate of $1.35. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

MAG has been the subject of several other reports. TD Securities upgraded shares of MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. CIBC raised their target price on shares of MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, MAG Silver has a consensus rating of “Moderate Buy” and a consensus price target of C$25.58.

MAG Silver Trading Down 2.0 %

MAG Silver stock opened at C$23.51 on Wednesday. The stock has a 50-day moving average price of C$22.54 and a 200 day moving average price of C$21.42. The company has a market capitalization of C$1.70 billion, a price-to-earnings ratio of 22.84, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. MAG Silver has a 52 week low of C$12.24 and a 52 week high of C$25.36. The company has a quick ratio of 25.31, a current ratio of 32.55 and a debt-to-equity ratio of 0.01.

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%).