FY2025 EPS Estimates for MAG Silver Lifted by HC Wainwright

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Analysts at HC Wainwright raised their FY2025 earnings per share (EPS) estimates for MAG Silver in a research note issued to investors on Monday, May 12th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $1.46 for the year, up from their prior estimate of $1.45. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

A number of other equities analysts have also recently issued reports on the company. Canaccord Genuity Group cut MAG Silver from a “strong-buy” rating to a “hold” rating in a report on Monday. Raymond James raised their target price on MAG Silver from C$26.00 to C$27.00 in a report on Tuesday, March 25th. Finally, TD Securities upgraded MAG Silver to a “strong-buy” rating in a report on Monday, March 10th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$26.09.

MAG Silver Price Performance

Shares of MAG stock opened at C$25.12 on Thursday. 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 has a 12 month low of C$15.64 and a 12 month high of C$26.60. The firm has a market cap of C$1.82 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 0.84 and a beta of 1.14. The stock has a 50-day moving average price of C$21.90 and a 200 day moving average price of C$21.84.

MAG Silver Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 28th will be given a dividend of $0.20 per share. This is a positive change from MAG Silver’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.80 annualized dividend and a dividend yield of 3.18%.

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%).