What is Stifel Canada’s Estimate for MAG Silver Q3 Earnings?

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) – Research analysts at Stifel Canada issued their Q3 2024 earnings per share estimates for MAG Silver in a research report issued on Monday, October 21st. Stifel Canada analyst S. Soock expects that the company will post earnings of $0.21 per share for the quarter. The consensus estimate for MAG Silver’s current full-year earnings is $1.22 per share. Stifel Canada also issued estimates for MAG Silver’s FY2024 earnings at $0.92 EPS, FY2025 earnings at $2.58 EPS and FY2026 earnings at $2.46 EPS.

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 (EPS) for the quarter, topping analysts’ consensus estimates of C$0.27 by C$0.01.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus upped their price objective on MAG Silver from C$21.50 to C$25.00 in a research report on Monday. TD Securities raised their price target on MAG Silver from C$22.00 to C$25.00 in a research report on Friday, October 18th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$21.89.

MAG Silver Stock Up 0.0 %

Shares of TSE MAG opened at C$24.64 on Thursday. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. MAG Silver has a 12-month low of C$11.15 and a 12-month high of C$24.88. The firm’s 50-day moving average price is C$19.32 and its 200-day moving average price is C$18.03. The stock has a market capitalization of C$2.54 billion, a price-to-earnings ratio of 31.19, a P/E/G ratio of 0.84 and a beta of 1.14.

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.