Roth Capital Issues Positive Forecast for MAG Silver (NYSEAMERICAN:MAG) Stock Price

MAG Silver (NYSEAMERICAN:MAG - Get Free Report) had its price objective raised by analysts at Roth Capital from $18.00 to $21.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Roth Capital's price objective suggests a potential downside of 2.91% from the stock's current price. Roth Capital also issued estimates for MAG Silver's Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.25 EPS, FY2025 earnings at $1.06 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.84 EPS.

A number of other analysts have also commented on the company. Canaccord Genuity Group lowered MAG Silver from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th. Scotiabank reaffirmed a "sector perform" rating on shares of MAG Silver in a report on Monday, April 14th. Wall Street Zen upgraded shares of MAG Silver from a "sell" rating to a "hold" rating in a research note on Monday, March 31st. Raymond James Financial restated an "outperform" rating on shares of MAG Silver in a research report on Tuesday, March 25th. Finally, HC Wainwright restated a "buy" rating and issued a $22.00 target price on shares of MAG Silver in a report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $19.38.

MAG Silver Price Performance

MAG Silver stock traded up $0.26 during mid-day trading on Tuesday, reaching $21.63. The stock had a trading volume of 1,088,343 shares, compared to its average volume of 2,075,725. MAG Silver has a one year low of $11.29 and a one year high of $21.83. The company has a 50-day moving average price of $19.05 and a two-hundred day moving average price of $16.43. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 24.58 and a beta of 0.75.

Institutional Trading of MAG Silver

Large investors have recently added to or reduced their stakes in the business. Banque Cantonale Vaudoise bought a new stake in MAG Silver during the first quarter valued at about $37,000. Northwest & Ethical Investments L.P. lifted its position in shares of MAG Silver by 39.3% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 8,178 shares of the company's stock valued at $124,000 after buying an additional 2,308 shares in the last quarter. Aigen Investment Management LP bought a new position in shares of MAG Silver during the 4th quarter valued at approximately $156,000. D. E. Shaw & Co. Inc. bought a new position in shares of MAG Silver during the 4th quarter valued at approximately $156,000. Finally, D.A. Davidson & CO. purchased a new stake in MAG Silver in the 1st quarter worth approximately $167,000. 52.50% of the stock is currently owned by institutional investors.

About MAG Silver

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.