MAG Silver Corp. (NYSEAMERICAN:MAG – Free Report) – Cormark issued their FY2025 earnings per share (EPS) estimates for shares of MAG Silver in a note issued to investors on Wednesday, March 20th. Cormark analyst N. Dion expects that the company will post earnings per share of $0.45 for the year. The consensus estimate for MAG Silver’s current full-year earnings is $0.66 per share.
MAG has been the topic of several other research reports. Stifel Nicolaus lowered their price target on MAG Silver from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday. HC Wainwright reiterated a “buy” rating and issued a $18.50 price objective (down previously from $19.50) on shares of MAG Silver in a report on Wednesday. Finally, StockNews.com raised MAG Silver to a “sell” rating in a report on Monday, March 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, MAG Silver currently has an average rating of “Hold” and a consensus target price of $19.13.
View Our Latest Research Report on MAG Silver
MAG Silver Stock Down 0.9 %
NYSEAMERICAN:MAG opened at $9.18 on Friday. The firm has a market cap of $945.36 million, a price-to-earnings ratio of 19.68 and a beta of 1.13. MAG Silver has a fifty-two week low of $8.19 and a fifty-two week high of $14.42.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Natixis purchased a new stake in shares of MAG Silver during the fourth quarter worth approximately $34,000. Geneos Wealth Management Inc. lifted its position in shares of MAG Silver by 89.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,385 shares of the company’s stock worth $54,000 after buying an additional 1,600 shares during the last quarter. Deutsche Bank AG purchased a new position in shares of MAG Silver in the 4th quarter valued at $55,000. BNP Paribas Financial Markets purchased a new stake in MAG Silver in the fourth quarter valued at $61,000. Finally, Chilton Capital Management LLC purchased a new position in shares of MAG Silver during the first quarter worth about $78,000. Institutional investors and hedge funds own 42.80% of the company’s stock.
MAG Silver Company Profile
MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, copper, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp.
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