FY2025 EPS Estimates for MAG Silver Boosted by HC Wainwright

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – HC Wainwright lifted their FY2025 earnings per share estimates for MAG Silver in a report released on Tuesday, March 25th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $1.45 per share for the year, up from their previous estimate of $1.18. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Several other brokerages have also recently issued reports on MAG. TD Securities raised shares of MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Raymond James upped their price target on MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday. Finally, CIBC lifted their price objective on 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 issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$25.58.

MAG Silver Price Performance

MAG Silver stock opened at C$23.70 on Thursday. The company has a fifty day simple moving average of C$22.61 and a 200-day simple moving average of C$21.49. The company has a quick ratio of 25.31, a current ratio of 32.55 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of C$1.72 billion, a price-to-earnings ratio of 23.02, a PEG ratio of 0.84 and a beta of 1.14. MAG Silver has a 52-week low of C$13.42 and a 52-week high of C$25.36.

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%).