Scotiabank Analysts Reduce Earnings Estimates for MAG Silver

MAG Silver Corp. (TSE:MAGFree Report) (NYSEAMERICAN:MAG) – Research analysts at Scotiabank cut their FY2025 earnings per share estimates for shares of MAG Silver in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will post earnings of $0.73 per share for the year, down from their previous forecast of $0.84. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share. Scotiabank also issued estimates for MAG Silver’s FY2026 earnings at $0.69 EPS.

MAG Silver (TSE:MAGGet Free Report) (NYSEAMERICAN:MAG) last announced its quarterly earnings results on Tuesday, November 12th. The company reported C$0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.28 by C$0.02.

MAG has been the subject of a number of other reports. CIBC raised their price target on MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Stifel Nicolaus lifted their price target on MAG Silver from C$25.00 to C$25.50 in a report on Monday, November 25th. Panmure Gordon upped their price target on shares of MAG Silver from C$26.40 to C$27.10 in a research report on Friday, November 22nd. BMO Capital Markets raised their price objective on shares of MAG Silver from C$24.00 to C$26.00 in a research report on Friday, October 25th. Finally, Roth Capital lowered shares of MAG Silver from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, MAG Silver currently has an average rating of “Moderate Buy” and a consensus target price of C$25.20.

Read Our Latest Report on MAG

MAG Silver Stock Performance

TSE MAG opened at C$20.30 on Monday. The firm has a market cap of C$2.09 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 0.84 and a beta of 1.14. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. MAG Silver has a 1-year low of C$11.15 and a 1-year high of C$25.36. The company has a 50 day moving average of C$21.21 and a 200-day moving average of C$19.63.

Insider Activity

In other MAG Silver news, Director George Nickolas Paspalas sold 50,024 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$21.87, for a total value of C$1,094,099.92. 0.96% of the stock is currently owned by company insiders.

About MAG Silver

(Get Free Report)

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.

Further Reading

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

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