MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) had its price target reduced by stock analysts at National Bankshares from C$21.75 to C$21.50 in a research note issued on Friday, BayStreet.CA reports. National Bankshares’ target price points to a potential upside of 25.95% from the company’s current price.
Several other analysts have also recently weighed in on MAG. BMO Capital Markets dropped their price target on shares of MAG Silver from C$21.50 to C$21.00 in a research note on Thursday, January 25th. Raymond James dropped their price target on shares of MAG Silver from C$21.00 to C$19.50 and set an “outperform” rating for the company in a research note on Thursday, March 28th. TD Securities lowered their price objective on shares of MAG Silver from C$20.00 to C$18.00 and set a “buy” rating for the company in a research report on Wednesday, March 20th. Finally, Stifel Nicolaus increased their price objective on shares of MAG Silver from C$19.50 to C$20.50 in a research report on Friday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$19.44.
Check Out Our Latest Stock Analysis on MAG
MAG Silver Stock Performance
MAG Silver stock opened at C$17.07 on Friday. The firm has a 50 day simple moving average of C$13.46 and a 200-day simple moving average of C$13.78. MAG Silver has a 1-year low of C$11.15 and a 1-year high of C$18.51. The company has a debt-to-equity ratio of 0.03, a current ratio of 15.04 and a quick ratio of 25.31. The stock has a market cap of C$1.76 billion, a price-to-earnings ratio of 26.67, a price-to-earnings-growth ratio of 0.84 and a beta of 1.00.
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last posted its quarterly earnings results on Tuesday, March 19th. The company reported C$0.19 earnings per share for the quarter, beating the consensus estimate of C$0.18 by C$0.01. On average, analysts expect that MAG Silver will post 0.5547739 EPS for the current year.
Insider Buying and Selling
In other MAG Silver news, Senior Officer Peter Megaw sold 76,291 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of C$16.39, for a total transaction of C$1,250,172.99. In other MAG Silver news, Senior Officer Peter Megaw sold 76,291 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of C$16.39, for a total transaction of C$1,250,172.99. Also, Senior Officer Michael John Curlook sold 18,779 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of C$16.91, for a total transaction of C$317,552.89. In the last quarter, insiders sold 106,704 shares of company stock valued at $1,752,125. Company 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.
See Also
Receive News & Ratings for MAG Silver Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for MAG Silver and related companies with MarketBeat.com’s FREE daily email newsletter.