MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – Equities researchers at National Bank Financial issued their Q3 2024 EPS estimates for MAG Silver in a research report issued on Tuesday, October 22nd. National Bank Financial analyst D. Demarco forecasts that the company will post earnings of $0.29 per share for the quarter. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share. National Bank Financial also issued estimates for MAG Silver’s FY2024 earnings at $0.90 EPS.
MAG has been the topic of a number of other reports. Stifel Nicolaus lifted their price objective on shares of MAG Silver from C$21.50 to C$25.00 in a research report on Monday. TD Securities upped their price objective on MAG Silver from C$22.00 to C$25.00 in a report on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, MAG Silver has a consensus rating of “Moderate Buy” and a consensus price target of C$21.89.
MAG Silver Stock Performance
Shares of MAG opened at C$24.64 on Thursday. MAG Silver has a 12-month low of C$11.15 and a 12-month high of C$24.88. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. The company’s 50 day simple moving average is C$19.32 and its 200-day simple moving average is C$18.03. The firm has a market cap of C$2.54 billion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14.
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.27 by C$0.01.
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.
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