Shares of MAG Silver Corp. (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) have been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$19.44.
Several brokerages recently issued reports on MAG. National Bankshares decreased their price target on shares of MAG Silver from C$21.75 to C$21.50 in a report on Friday. BMO Capital Markets decreased their price target on shares of MAG Silver from C$21.50 to C$21.00 in a report on Thursday, January 25th. Stifel Nicolaus lifted their price target on shares of MAG Silver from C$19.50 to C$20.50 in a report on Friday. TD Securities decreased their price target on shares of MAG Silver from C$20.00 to C$18.00 and set a “buy” rating on the stock in a report on Wednesday, March 20th. Finally, Raymond James decreased their price target on shares of MAG Silver from C$21.00 to C$19.50 and set an “outperform” rating on the stock in a report on Thursday, March 28th.
View Our Latest Stock Analysis on MAG Silver
Insider Buying and Selling
MAG Silver Price Performance
MAG stock opened at C$17.07 on Friday. The company has a quick ratio of 25.31, a current ratio of 15.04 and a debt-to-equity ratio of 0.03. MAG Silver has a 12 month low of C$11.15 and a 12 month high of C$18.51. The firm has a market cap of C$1.76 billion, a P/E ratio of 26.67, a P/E/G ratio of 0.84 and a beta of 1.00. The company’s 50-day moving average price is C$13.46 and its two-hundred day moving average price is C$13.78.
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, beating the consensus estimate of C$0.18 by C$0.01. On average, analysts anticipate that MAG Silver will post 0.5547739 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than MAG Silver
- Want to Profit on the Downtrend? Downtrends, Explained.
- Comprehensive Analysis of PayPal Stock
- Energy and Oil Stocks Explained
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- Are Penny Stocks a Good Fit for Your Portfolio?
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for MAG Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver and related companies with MarketBeat.com's FREE daily email newsletter.