MAG Silver (TSE:MAG) PT Raised to C$25.00

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) had its price objective raised by Stifel Nicolaus from C$21.50 to C$25.00 in a research report report published on Monday, BayStreet.CA reports.

Separately, TD Securities boosted their target price on shares of MAG Silver from C$22.00 to C$25.00 in a research note on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$22.50.

MAG Silver Stock Performance

The business has a fifty day moving average of C$19.32 and a 200-day moving average of C$18.03. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.03 and a quick ratio of 25.31. The stock has a market cap of C$2.55 billion, a PE ratio of 31.28, a P/E/G ratio of 0.84 and a beta of 1.14. 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 earnings results on Thursday, August 1st. The company reported C$0.28 earnings per share for the quarter, topping the consensus estimate of C$0.27 by C$0.01. On average, research analysts predict that MAG Silver will post 1.2235023 earnings per share 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.