Q1 Earnings Forecast for MAG Silver Issued By Cormark

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Equities researchers at Cormark issued their Q1 2025 earnings estimates for shares of MAG Silver in a note issued to investors on Tuesday, April 22nd. Cormark analyst N. Dion anticipates that the company will post earnings of $0.17 per share for the quarter. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

A number of other equities analysts have also weighed in on the stock. Raymond James reiterated an "outperform" rating on shares of MAG Silver in a research report on Tuesday, March 25th. Roth Capital set a $16.00 price objective on shares of MAG Silver in a research note on Tuesday, March 25th. TD Securities upgraded MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. HC Wainwright reiterated a "buy" rating and issued a $22.00 price target on shares of MAG Silver in a research report on Thursday. Finally, StockNews.com upgraded MAG Silver from a "sell" rating to a "hold" rating in a research note on Monday, March 31st. Five equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $18.60.

MAG Silver Stock Down 0.3 %

MAG traded down $0.04 during trading hours on Wednesday, hitting $15.44. The stock had a trading volume of 155,056 shares, compared to its average volume of 679,472. MAG Silver has a 1 year low of $11.29 and a 1 year high of $18.27. The company's fifty day simple moving average is $15.48 and its 200 day simple moving average is $15.27. The stock has a market cap of $1.60 billion, a PE ratio of 21.75 and a beta of 1.09.

MAG Silver Announces Dividend

The firm also recently disclosed a -- dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 4th were paid a $0.18 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a dividend yield of 1.5%. MAG Silver's dividend payout ratio (DPR) is 101.41%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MAG. Aigen Investment Management LP purchased a new stake in MAG Silver during the 4th quarter valued at $156,000. D. E. Shaw & Co. Inc. bought a new position in shares of MAG Silver during the fourth quarter valued at about $156,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of MAG Silver during the fourth quarter worth about $188,000. Tradition Wealth Management LLC bought a new stake in shares of MAG Silver in the fourth quarter worth about $222,000. Finally, Strategic Financial Concepts LLC purchased a new position in MAG Silver during the 4th quarter valued at about $240,000. 52.50% of the stock is owned by institutional investors.

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.