National Bank Financial Forecasts MAG Silver FY2025 Earnings

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Equities researchers at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for MAG Silver in a report issued on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $0.72 per share for the year, down from their prior forecast of $1.46. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share.

Other equities analysts have also issued research reports about the company. Roth Capital lowered MAG Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday. TD Securities boosted their price objective on MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. Stifel Nicolaus upped their price target on MAG Silver from C$21.50 to C$25.00 in a research note on Monday. Finally, Raymond James upped their price target on MAG Silver from C$23.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, MAG Silver has an average rating of “Moderate Buy” and a consensus target price of C$22.50.

MAG Silver Stock Performance

The stock’s fifty day moving average is C$19.32 and its two-hundred day moving average is C$18.03. The firm has a market capitalization of C$2.55 billion, a price-to-earnings ratio of 31.28, a P/E/G ratio of 0.84 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31. MAG Silver has a 12 month low of C$11.15 and a 12 month high of C$24.88.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last released its quarterly earnings data on Thursday, August 1st. The company reported C$0.28 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.27 by C$0.01.

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.