MAG Silver Corp. (TSE:MAG) Forecasted to Post FY2025 Earnings of $0.67 Per Share

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Research analysts at Roth Capital issued their FY2025 earnings estimates for shares of MAG Silver in a research note issued on Wednesday, April 24th. Roth Capital analyst J. Reagor forecasts that the company will post earnings per share of $0.67 for the year. The consensus estimate for MAG Silver’s current full-year earnings is $0.55 per share.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last issued its earnings results on Tuesday, March 19th. The company reported C$0.19 EPS for the quarter, topping analysts’ consensus estimates of C$0.18 by C$0.01.

MAG has been the topic of a number of other research reports. TD Securities decreased their target price on shares of MAG Silver from C$20.00 to C$18.00 and set a “buy” rating on the stock in a research report on Wednesday, March 20th. Canaccord Genuity Group raised their price target on shares of MAG Silver from C$20.00 to C$22.00 and gave the stock a “buy” rating in a report on Tuesday. National Bankshares cut their price target on shares of MAG Silver from C$21.75 to C$21.50 in a report on Friday, April 19th. BMO Capital Markets cut their price target on shares of MAG Silver from C$21.50 to C$21.00 in a report on Thursday, January 25th. Finally, Stifel Nicolaus cut their price target on shares of MAG Silver from C$20.50 to C$20.25 in a report on Thursday. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, MAG Silver currently has a consensus rating of “Moderate Buy” and an average target price of C$19.81.

MAG Silver Price Performance

Shares of TSE:MAG opened at C$17.70 on Thursday. The stock has a market cap of C$1.82 billion, a PE ratio of 27.66, a PEG ratio of 0.84 and a beta of 1.00. The company’s fifty day moving average is C$13.87 and its 200 day moving average is C$13.87. MAG Silver has a 52 week low of C$11.15 and a 52 week high of C$18.51. The company has a quick ratio of 25.31, a current ratio of 15.04 and a debt-to-equity ratio of 0.03.

Insider Activity

In other news, Director George Nickolas Paspalas sold 11,634 shares of MAG Silver stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of C$15.85, for a total transaction of C$184,398.90. In related news, Senior Officer Peter Megaw sold 76,291 shares of MAG Silver stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of C$16.39, for a total transaction of C$1,250,172.99. Also, Director George Nickolas Paspalas sold 11,634 shares of MAG Silver stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of C$15.85, for a total transaction of C$184,398.90. In the last 90 days, insiders have sold 106,704 shares of company stock valued at $1,752,125. Corporate insiders own 0.47% 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.