FY2025 Earnings Estimate for MAG Silver Issued By Cormark

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Investment analysts at Cormark lowered their FY2025 earnings per share estimates for shares of MAG Silver in a research report issued to clients and investors on Tuesday, March 25th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.96 for the year, down from their prior forecast of $1.11. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Several other equities research analysts have also recently commented on the company. Raymond James upped their price target on MAG Silver from C$26.00 to C$27.00 in a research note on Tuesday. TD Securities upgraded shares of MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Finally, CIBC boosted their target price on shares of MAG Silver from C$25.00 to C$26.00 in a research report on Monday, December 2nd. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, MAG Silver presently has an average rating of “Moderate Buy” and a consensus target price of C$25.58.

MAG Silver Price Performance

MAG stock opened at C$23.70 on Thursday. The business has a 50 day simple moving average of C$22.61 and a 200-day simple moving average of C$21.49. The company has a market capitalization of C$1.72 billion, a P/E ratio of 23.02, a PEG ratio of 0.84 and a beta of 1.14. MAG Silver has a twelve month low of C$13.42 and a twelve month high of C$25.36. The company has a current ratio of 32.55, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01.

MAG Silver Company Profile

MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).