MAG Silver Corp. (TSE:MAG) Forecasted to Earn FY2025 Earnings of $1.06 Per Share

MAG Silver Corp. (TSE:MAGFree Report) (NYSEAMERICAN:MAG) – Stock analysts at National Bank Financial issued their FY2025 earnings per share estimates for MAG Silver in a research note issued to investors on Tuesday, May 28th. National Bank Financial analyst D. Demarco forecasts that the company will post earnings of $1.06 per share for the year. The consensus estimate for MAG Silver’s current full-year earnings is $0.70 per share.

MAG Silver (TSE:MAGGet 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.

A number of other analysts have also commented on the stock. TD Securities lifted their price target on shares of MAG Silver from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Canaccord Genuity Group boosted their price target on MAG Silver from C$20.00 to C$22.00 and gave the stock a “buy” rating in a report on Tuesday, April 23rd. Ventum Cap Mkts downgraded shares of MAG Silver from a “buy” rating to a “neutral” rating in a report on Friday, May 3rd. National Bankshares increased their target price on MAG Silver from C$21.00 to C$24.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, CIBC lifted their price target on MAG Silver from C$17.50 to C$22.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 22nd. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$20.94.

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MAG Silver Price Performance

Shares of MAG opened at C$18.39 on Thursday. The company has a market capitalization of C$1.90 billion, a P/E ratio of 23.88, a price-to-earnings-growth ratio of 0.84 and a beta of 1.03. The firm has a 50 day moving average of C$16.79 and a 200 day moving average of C$14.45. MAG Silver has a twelve month low of C$11.15 and a twelve month high of C$19.30. The company has a quick ratio of 25.31, a current ratio of 14.66 and a debt-to-equity ratio of 0.02.

Insider Transactions at MAG Silver

In related news, Senior Officer Michael John Curlook sold 18,779 shares of MAG Silver stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of C$16.91, for a total transaction of C$317,552.89. In other MAG Silver news, Senior Officer Michael John Curlook sold 18,779 shares of the firm’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of C$16.91, for a total transaction of C$317,552.89. Also, Senior Officer Peter Megaw sold 76,291 shares of MAG Silver 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. Over the last ninety days, insiders have sold 106,704 shares of company stock worth $1,752,125. Insiders own 0.96% of the company’s stock.

About MAG Silver

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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.

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Earnings History and Estimates for MAG Silver (TSE:MAG)

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