MAG Silver Corp. (NYSEAMERICAN:MAG – Free Report) – Stock analysts at Cormark issued their FY2026 earnings estimates for shares of MAG Silver in a research note issued to investors on Tuesday, March 25th. Cormark analyst N. Dion anticipates that the company will post earnings of $0.62 per share for the year. The consensus estimate for MAG Silver’s current full-year earnings is $0.73 per share.
A number of other research firms also recently weighed in on MAG. HC Wainwright lifted their price target on MAG Silver from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday. TD Securities raised shares of MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Finally, Roth Mkm reduced their price objective on shares of MAG Silver from $16.50 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, MAG Silver currently has an average rating of “Moderate Buy” and an average target price of $18.50.
MAG Silver Trading Down 1.7 %
Shares of MAG Silver stock opened at $16.48 on Wednesday. The business’s 50-day moving average price is $15.58. MAG Silver has a 52-week low of $8.97 and a 52-week high of $18.27. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 23.21 and a beta of 1.09.
Institutional Trading of MAG Silver
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in MAG Silver in the 3rd quarter worth approximately $52,000. DF Dent & Co. Inc. purchased a new stake in shares of MAG Silver in the third quarter valued at $140,000. Pekin Hardy Strauss Inc. acquired a new position in MAG Silver in the third quarter valued at $140,000. Aigen Investment Management LP purchased a new position in MAG Silver during the fourth quarter worth about $156,000. Finally, D. E. Shaw & Co. Inc. acquired a new stake in MAG Silver in the 4th quarter worth about $156,000. Hedge funds and other institutional investors own 52.50% of the company’s stock.
MAG Silver Dividend Announcement
The business also recently announced a — dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, April 4th will be issued a dividend of $0.18 per share. This represents a yield of 1.5%. The ex-dividend date of this dividend is Friday, April 4th.
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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