Cormark Weighs in on MAG Silver’s FY2025 Earnings (TSE:MAG)

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Equities researchers at Cormark cut their FY2025 EPS estimates for shares of MAG Silver in a research note issued to investors on Tuesday, March 25th. Cormark analyst N. Dion now forecasts that the company will earn $0.96 per share 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 analysts also recently issued reports on MAG. CIBC raised their price target on MAG Silver from C$25.00 to C$26.00 in a report on Monday, December 2nd. Raymond James increased their target price on MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday. Finally, TD Securities raised shares of MAG Silver to a “strong-buy” rating in a report on Monday, March 10th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, MAG Silver presently has a consensus rating of “Moderate Buy” and an average target price of C$25.58.

MAG Silver Stock Performance

Shares of TSE MAG opened at C$22.44 on Thursday. The stock has a market capitalization of C$1.63 billion, a P/E ratio of 21.80, a P/E/G ratio of 0.84 and a beta of 1.14. The firm’s 50-day moving average price is C$22.62 and its two-hundred day moving average price is C$21.54. MAG Silver has a 52-week low of C$14.43 and a 52-week high of C$25.36. The company has a quick ratio of 25.31, a current ratio of 32.55 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%).