Roth Capital Comments on MAG Silver Corp.’s FY2025 Earnings (NYSEAMERICAN:MAG)

MAG Silver Corp. (NYSEAMERICAN:MAG) – Research analysts at Roth Capital issued their FY2025 earnings per share estimates for shares of MAG Silver in a research report issued to clients and investors on Wednesday, April 24th. Roth Capital analyst J. Reagor expects that the company will post earnings of $0.49 per share for the year. The consensus estimate for MAG Silver’s current full-year earnings is $0.50 per share.

A number of other equities analysts have also commented on the company. HC Wainwright boosted their price objective on MAG Silver from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus reduced their price objective on MAG Silver from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, March 20th. StockNews.com raised MAG Silver to a “sell” rating in a research note on Wednesday, March 27th. Finally, Scotiabank raised MAG Silver from a “sector perform” rating to a “sector outperform” rating and reduced their price objective for the stock from $15.00 to $13.50 in a research note on Thursday, March 28th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.25.

MAG Silver Trading Up 7.5 %

Shares of MAG stock opened at $12.97 on Thursday. The firm has a market capitalization of $1.34 billion, a P/E ratio of 27.60 and a beta of 1.15. MAG Silver has a one year low of $8.19 and a one year high of $13.62.

MAG Silver (NYSEAMERICAN:MAG) last announced its quarterly earnings results on Tuesday, March 19th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01.

Hedge Funds Weigh In On MAG Silver

Large investors have recently made changes to their positions in the company. Banque Cantonale Vaudoise lifted its stake in shares of MAG Silver by 8.6% during the first quarter. Banque Cantonale Vaudoise now owns 11,012 shares of the company’s stock valued at $116,000 after acquiring an additional 876 shares during the period. Crown Wealth Group LLC acquired a new position in MAG Silver in the fourth quarter valued at about $118,000. Quadrature Capital Ltd acquired a new position in MAG Silver in the third quarter valued at about $127,000. Privium Fund Management B.V. lifted its stake in MAG Silver by 44.9% in the third quarter. Privium Fund Management B.V. now owns 15,500 shares of the company’s stock valued at $161,000 after buying an additional 4,800 shares during the period. Finally, Veracity Capital LLC lifted its stake in MAG Silver by 50.0% in the fourth quarter. Veracity Capital LLC now owns 16,654 shares of the company’s stock valued at $173,000 after buying an additional 5,551 shares during the period. Institutional investors and hedge funds own 52.50% of the company’s stock.

About MAG Silver

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.