National Bank Financial Weighs in on MAG Silver Q4 Earnings

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Analysts at National Bank Financial issued their Q4 2024 EPS estimates for MAG Silver in a research report issued on Thursday, November 28th. National Bank Financial analyst D. Demarco forecasts that the company will earn $0.28 per share for the quarter. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

MAG has been the subject of several other research reports. Stifel Nicolaus raised their target price on MAG Silver from C$25.00 to C$25.50 in a research note on Monday, November 25th. Roth Capital cut shares of MAG Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Panmure Gordon increased their target price on shares of MAG Silver from C$26.40 to C$27.10 in a research note on Friday, November 22nd. CIBC boosted their price target on shares of MAG Silver from C$25.00 to C$26.00 in a research report on Monday. Finally, BMO Capital Markets increased their price objective on MAG Silver from C$24.00 to C$26.00 in a research report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$25.20.

MAG Silver Price Performance

MAG Silver stock opened at C$22.36 on Monday. The firm has a market capitalization of C$2.31 billion, a P/E ratio of 28.30, a PEG ratio of 0.84 and a beta of 1.14. MAG Silver has a one year low of C$11.15 and a one year high of C$25.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31. The business has a fifty day moving average price of C$21.79 and a 200-day moving average price of C$19.10.

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

About MAG Silver

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.