FY2025 EPS Estimates for MAG Silver Lifted by HC Wainwright

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Research analysts at HC Wainwright upped their FY2025 earnings per share (EPS) estimates for shares of MAG Silver in a report released on Tuesday, March 25th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $1.45 per share for the year, up from their previous estimate of $1.18. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Several other research analysts have also recently issued reports on MAG. Raymond James increased their price objective on MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday. TD Securities raised shares of MAG Silver to a “strong-buy” rating in a report on Monday, March 10th. Finally, CIBC increased their target price on shares of MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$25.58.

MAG Silver Stock Down 5.3 %

MAG opened at C$22.44 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31. MAG Silver has a 12 month low of C$14.43 and a 12 month high of C$25.36. The stock has a market capitalization of C$1.63 billion, a P/E ratio of 21.80, a P/E/G ratio of 0.84 and a beta of 1.14. The business has a 50 day simple moving average of C$22.62 and a 200-day simple moving average of C$21.54.

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%).