MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Stock analysts at Cormark lifted their FY2025 earnings per share estimates for shares of MAG Silver in a research note issued on Thursday, April 24th. Cormark analyst N. Dion now forecasts that the company will post earnings of $1.03 per share for the year, up from their previous estimate of $0.96. The consensus estimate for MAG Silver's current full-year earnings is $1.22 per share.
A number of other brokerages also recently weighed in on MAG. Raymond James increased their price target on MAG Silver from C$26.00 to C$27.00 in a report on Tuesday, March 25th. TD Securities raised shares of MAG Silver to a "strong-buy" rating in a research note on Monday, March 10th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$26.09.
Check Out Our Latest Analysis on MAG Silver
MAG Silver Trading Up 0.3 %
Shares of MAG Silver stock traded up C$0.06 during midday trading on Monday, reaching C$21.41. The company had a trading volume of 197,938 shares, compared to its average volume of 212,379. The stock has a fifty day moving average price of C$21.69 and a 200 day moving average price of C$21.85. MAG Silver has a fifty-two week low of C$15.64 and a fifty-two week high of C$25.36. The firm has a market cap of C$1.55 billion, a PE ratio of 20.80, a P/E/G ratio of 0.84 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31.
MAG Silver Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Shareholders of record on Monday, April 21st were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Friday, April 4th.
MAG Silver Company Profile
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MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).
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