Roth Capital Has Positive Outlook of MAG Silver Q4 Earnings

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Equities research analysts at Roth Capital upped their Q4 2024 earnings per share (EPS) estimates for MAG Silver in a research note issued on Thursday, January 30th. Roth Capital analyst J. Reagor now expects that the company will earn $0.38 per share for the quarter, up from their previous estimate of $0.33. Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share. Roth Capital also issued estimates for MAG Silver’s Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.23 EPS and FY2025 earnings at $1.00 EPS.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.30 EPS for the quarter, topping analysts’ consensus estimates of C$0.28 by C$0.02.

MAG has been the subject of a number of other research reports. TD Securities boosted their price objective on shares of MAG Silver from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Thursday. BMO Capital Markets raised their price target on MAG Silver from C$24.00 to C$26.00 in a report on Friday, October 25th. Raymond James upped their price objective on shares of MAG Silver from C$23.00 to C$26.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. CIBC lifted their target price on shares of MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd. Finally, Panmure Gordon upped their price target on shares of MAG Silver from C$26.40 to C$27.10 in a research note on Friday, November 22nd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$25.45.

MAG Silver Trading Down 3.0 %

TSE:MAG opened at C$22.84 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 25.31 and a current ratio of 28.03. The firm has a 50-day simple moving average of C$21.11 and a 200-day simple moving average of C$20.15. MAG Silver has a one year low of C$11.15 and a one year high of C$25.36. The firm has a market cap of C$2.36 billion, a P/E ratio of 28.91, a P/E/G ratio of 0.84 and a beta of 1.14.

Insider Activity

In other MAG Silver news, Director George Nickolas Paspalas sold 50,024 shares of MAG Silver stock in a transaction 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. Insiders own 0.96% of the company’s stock.

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.