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 stock traded up $0.01 during midday trading on Monday, reaching $9.74. 254,700 shares of the stock traded hands, compared to its average volume of 298,886. MAG Silver has a 12 month low of $6.12 and a 12 month high of $12.00.

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.

See Also: What are gap-up stocks?

Get a free copy of the Zacks research report on MAG Silver (MAG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for MAG Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver and related companies with MarketBeat.com's FREE daily email newsletter.