MAG Silver Corp. (TSE:MAG – Free Report) (NYSEAMERICAN:MAG) – Stock analysts at Roth Capital raised their Q2 2024 earnings per share (EPS) estimates for shares of MAG Silver in a note issued to investors on Wednesday, April 24th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of $0.26 for the quarter, up from their prior forecast of $0.23. The consensus estimate for MAG Silver’s current full-year earnings is $0.55 per share. Roth Capital also issued estimates for MAG Silver’s Q3 2024 earnings at $0.25 EPS, Q4 2024 earnings at $0.22 EPS and FY2024 earnings at $0.93 EPS.
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last issued its earnings results on Tuesday, March 19th. The company reported C$0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.18 by C$0.01.
MAG Silver Trading Up 0.2 %
TSE:MAG opened at C$17.74 on Friday. The firm has a market capitalization of C$1.83 billion, a P/E ratio of 27.72, a P/E/G ratio of 0.84 and a beta of 1.00. The business has a 50 day simple moving average of C$13.98 and a 200 day simple moving average of C$13.89. The company has a debt-to-equity ratio of 0.03, a current ratio of 15.04 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$18.51.
Insider Activity
In related news, Senior Officer Peter Megaw sold 76,291 shares of the business’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of C$16.39, for a total transaction of C$1,250,172.99. In related news, Senior Officer Peter Megaw sold 76,291 shares of MAG Silver stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of C$16.39, for a total transaction of C$1,250,172.99. Also, Director George Nickolas Paspalas sold 11,634 shares of the business’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of C$15.85, for a total transaction of C$184,398.90. Insiders sold 106,704 shares of company stock worth $1,752,125 over the last three months. Corporate insiders own 0.47% of the company’s stock.
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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