-$0.02 Earnings Per Share Expected for MAG Silver Corporation (MAG) This Quarter
Equities analysts expect MAG Silver Corporation (NASDAQ:MAG) to post ($0.02) earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for MAG Silver’s earnings. The firm is expected to announce its next quarterly earnings report on Tuesday, May 21st.
According to Zacks, analysts expect that MAG Silver will report full year earnings of ($0.07) per share for the current year, with EPS estimates ranging from ($0.08) to ($0.06). For the next fiscal year, analysts anticipate that the business will report earnings of $1.05 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for MAG Silver.
A number of brokerages recently commented on MAG. BidaskClub lowered MAG Silver from a “buy” rating to a “hold” rating in a research note on Saturday. Roth Capital reissued a “buy” rating on shares of MAG Silver in a research note on Wednesday, March 6th.
MAG Silver Company Profile
MAG Silver Corp. focuses on acquiring, exploring, and development of mineral properties in Canada. It explores for copper, gold, silver, lead, and zinc deposits. The company primarily holds interests in the Juanicipio property covering 7,679 hectares located in the Fresnillo District, Zacatecas State, Mexico.
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