MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – Equities research analysts at Raymond James cut their FY2025 earnings estimates for MAG Silver in a note issued to investors on Monday, March 24th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $1.33 per share for the year, down from their prior forecast of $1.35. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.
Several other equities analysts have also commented on MAG. TD Securities raised MAG Silver to a “strong-buy” rating in a report on Monday, March 10th. CIBC increased their price objective on MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$25.58.
MAG Silver Trading Up 3.5 %
Shares of TSE:MAG opened at C$23.70 on Wednesday. The company has a market cap of C$1.72 billion, a PE ratio of 23.02, a P/E/G 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. MAG Silver has a 52 week low of C$13.42 and a 52 week high of C$25.36. The company has a current ratio of 32.55, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01.
About MAG Silver
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%).
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