Shares of MAG Silver Corp. (NYSEAMERICAN:MAG – Get Free Report) have earned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $18.88.
A number of equities analysts recently issued reports on MAG shares. HC Wainwright reaffirmed a “buy” rating and set a $17.00 target price on shares of MAG Silver in a research report on Thursday, May 16th. StockNews.com raised shares of MAG Silver to a “sell” rating in a report on Wednesday, March 27th. Scotiabank boosted their price target on shares of MAG Silver from $13.50 to $14.50 and gave the company a “sector outperform” rating in a report on Thursday, May 23rd. Stifel Nicolaus boosted their price target on shares of MAG Silver from $20.25 to $20.50 and gave the company a “buy” rating in a report on Wednesday, May 15th. Finally, Ventum Cap Mkts lowered shares of MAG Silver from a “buy” rating to a “neutral” rating in a report on Friday, May 3rd.
Get Our Latest Analysis on MAG Silver
Institutional Inflows and Outflows
MAG Silver Stock Down 0.8 %
Shares of MAG Silver stock opened at $11.58 on Tuesday. MAG Silver has a 1-year low of $8.19 and a 1-year high of $14.30. The firm has a market capitalization of $1.19 billion, a PE ratio of 20.68 and a beta of 1.12.
MAG Silver (NYSEAMERICAN:MAG – Get Free Report) last issued its quarterly earnings data on Tuesday, May 14th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. As a group, analysts anticipate that MAG Silver will post 0.55 EPS for the current year.
MAG Silver Company Profile
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.
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