Cormark Weighs in on MAG Silver’s FY2025 Earnings (TSE:MAG)

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Investment analysts at Cormark decreased their FY2025 earnings per share (EPS) estimates for MAG Silver in a research report issued on Tuesday, March 25th. Cormark analyst N. Dion now anticipates that the company will post earnings per share of $0.96 for the year, down from their prior forecast of $1.11. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

MAG has been the topic of several other research reports. CIBC upped their price objective on shares of MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. TD Securities raised MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Finally, Raymond James lifted their price objective on MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday. Three research 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$25.58.

MAG Silver Price Performance

TSE:MAG opened at C$23.70 on Thursday. MAG Silver has a 12-month low of C$13.42 and a 12-month high of C$25.36. The firm has a market cap of C$1.72 billion, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. The company’s 50-day moving average is C$22.61 and its two-hundred day moving average is C$21.49. The company has a current ratio of 32.55, a quick ratio of 25.31 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%).