MAG Silver Corp. (TSE:MAG) Expected to Post FY2025 Earnings of $0.63 Per Share

MAG Silver Corp. (TSE:MAG - Free Report) NYSEAMERICAN: MAG - Research analysts at Cormark raised their FY2025 earnings estimates for shares of MAG Silver in a note issued to investors on Wednesday, May 15th. Cormark analyst N. Dion now anticipates that the company will earn $0.63 per share for the year, up from their prior estimate of $0.61. The consensus estimate for MAG Silver's current full-year earnings is $0.75 per share.

MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last released its earnings results 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 topic of several other reports. BMO Capital Markets dropped their target price on shares of MAG Silver from C$21.50 to C$21.00 in a research report on Thursday, January 25th. TD Securities boosted their target price on shares of MAG Silver from C$20.00 to C$21.00 and gave the company a "buy" rating in a research note on Thursday. Stifel Nicolaus increased their target price on MAG Silver from C$20.25 to C$20.50 in a report on Wednesday. Ventum Cap Mkts cut MAG Silver from a "buy" rating to a "neutral" rating in a research note on Friday, May 3rd. Finally, National Bankshares decreased their price target on shares of MAG Silver from C$21.75 to C$21.50 in a report on Friday, April 19th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, MAG Silver presently has a consensus rating of "Moderate Buy" and an average target price of C$20.17.

MAG Silver Trading Up 5.1 %

Shares of TSE:MAG traded up C$0.93 during midday trading on Friday, reaching C$19.13. The company had a trading volume of 390,983 shares, compared to its average volume of 267,378. The company has a fifty day simple moving average of C$15.55 and a two-hundred day simple moving average of C$14.14. The company has a debt-to-equity ratio of 0.03, a quick ratio of 25.31 and a current ratio of 15.04. The firm has a market cap of C$1.97 billion, a price-to-earnings ratio of 29.64, a price-to-earnings-growth ratio of 0.84 and a beta of 1.08. MAG Silver has a 1-year low of C$11.15 and a 1-year high of C$19.14.

Insider Transactions at MAG Silver

In other MAG Silver news, Senior Officer Peter Megaw sold 76,291 shares of the business's stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of C$16.39, for a total value of C$1,250,172.99. In related news, Senior Officer Peter Megaw sold 76,291 shares of the firm's stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of C$16.39, for a total value of C$1,250,172.99. Also, Director George Nickolas Paspalas sold 11,634 shares of the business's stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of C$15.85, for a total transaction of C$184,398.90. Insiders have sold a total of 106,704 shares of company stock worth $1,752,125 in the last 90 days. 0.96% of the stock is 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.