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

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

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last announced its quarterly earnings data on Tuesday, March 19th. The company reported C$0.19 EPS for the quarter, topping analysts’ consensus estimates of C$0.18 by C$0.01.

MAG has been the subject of a number of other reports. Raymond James raised their price objective on MAG Silver from C$19.50 to C$20.50 in a research report on Tuesday. TD Securities decreased 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 report on Wednesday, March 20th. Stifel Nicolaus lifted their price target on MAG Silver from C$19.50 to C$20.50 in a report on Friday, April 19th. National Bankshares reduced their price target on MAG Silver from C$21.75 to C$21.50 in a report on Friday, April 19th. Finally, Canaccord Genuity Group lifted their price target on MAG Silver from C$20.00 to C$22.00 in a report on Tuesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$19.83.

MAG Silver Trading Down 0.4 %

Shares of TSE MAG opened at C$16.55 on Thursday. MAG Silver has a one year low of C$11.15 and a one year high of C$18.51. The firm has a market capitalization of C$1.70 billion, a PE ratio of 25.86, a PEG ratio of 0.84 and a beta of 1.00. 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 business has a 50-day moving average price of C$13.75 and a two-hundred day moving average price of C$13.84.

Insider Buying and Selling

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