MAG Silver Corp. (NYSEAMERICAN:MAG – Free Report) – Equities researchers at National Bank Financial issued their Q1 2025 EPS estimates for MAG Silver in a report released on Tuesday, April 22nd. National Bank Financial analyst D. Demarco anticipates that the company will post earnings of $0.30 per share for the quarter. The consensus estimate for MAG Silver’s current full-year earnings is $0.73 per share.
A number of other brokerages also recently issued reports on MAG. Scotiabank reaffirmed a “sector perform” rating on shares of MAG Silver in a research report on Monday, April 14th. Raymond James reaffirmed an “outperform” rating on shares of MAG Silver in a report on Tuesday, March 25th. StockNews.com raised MAG Silver from a “sell” rating to a “hold” rating in a research report on Monday, March 31st. Roth Capital set a $16.00 price objective on MAG Silver in a research report on Tuesday, March 25th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $22.00 target price on shares of MAG Silver in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.60.
MAG Silver Stock Performance
NYSEAMERICAN:MAG opened at $15.72 on Thursday. The firm has a 50-day simple moving average of $15.49 and a 200-day simple moving average of $15.26. MAG Silver has a one year low of $11.29 and a one year high of $18.27. The firm has a market cap of $1.62 billion, a P/E ratio of 22.14 and a beta of 1.09.
Institutional Trading of MAG Silver
Several institutional investors and hedge funds have recently bought and sold shares of the business. D. E. Shaw & Co. Inc. acquired a new position in MAG Silver in the 4th quarter worth about $156,000. Aigen Investment Management LP acquired a new position in shares of MAG Silver during the 4th quarter worth approximately $156,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of MAG Silver during the 4th quarter worth approximately $188,000. Tradition Wealth Management LLC purchased a new position in shares of MAG Silver during the 4th quarter valued at approximately $222,000. Finally, Strategic Financial Concepts LLC acquired a new stake in MAG Silver in the 4th quarter valued at $240,000. 52.50% of the stock is currently owned by institutional investors and hedge funds.
MAG Silver Announces Dividend
The company also recently declared a — dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 4th were given a dividend of $0.18 per share. The ex-dividend date was Friday, April 4th. This represents a yield of 1.5%. MAG Silver’s dividend payout ratio is currently 101.41%.
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.
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