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

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

A number of other brokerages also recently weighed in on MAG. Stifel Nicolaus lowered their price target on MAG Silver from C$20.50 to C$20.25 in a report on Thursday. National Bankshares lowered their price objective on MAG Silver from C$21.75 to C$21.50 in a research note on Friday, April 19th. TD Securities lowered their price objective on MAG Silver from C$20.00 to C$18.00 and set a “buy” rating for the company in a research note on Wednesday, March 20th. Canaccord Genuity Group upped their price objective on MAG Silver from C$20.00 to C$22.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, BMO Capital Markets lowered their price objective on MAG Silver from C$21.50 to C$21.00 in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$19.81.

MAG Silver Price Performance

Shares of TSE MAG opened at C$17.70 on Thursday. MAG Silver has a twelve month low of C$11.15 and a twelve month high of C$18.51. The company has a current ratio of 15.04, a quick ratio of 25.31 and a debt-to-equity ratio of 0.03. The company has a market capitalization of C$1.82 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 0.84 and a beta of 1.00. The business has a 50 day simple moving average of C$13.87 and a 200-day simple moving average of C$13.87.

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

Insider Activity

In other news, Director George Nickolas Paspalas sold 11,634 shares of the company’s stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of C$15.85, for a total transaction of C$184,398.90. In other news, Senior Officer Michael John Curlook sold 18,779 shares of the company’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of C$16.91, for a total transaction of C$317,552.89. Also, Director George Nickolas Paspalas sold 11,634 shares of the company’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of C$15.85, for a total value of C$184,398.90. Insiders sold a total of 106,704 shares of company stock worth $1,752,125 over the last 90 days. 0.47% of the stock is currently owned by company insiders.

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.