MAG Silver (MAG) Projected to Post Quarterly Earnings on Tuesday

MAG Silver (NYSEAMERICAN:MAGGet Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, March 18th. Analysts expect MAG Silver to post earnings of $0.24 per share and revenue of $22.00 million for the quarter.

MAG Silver Price Performance

Shares of NYSEAMERICAN:MAG opened at $16.07 on Monday. MAG Silver has a fifty-two week low of $8.94 and a fifty-two week high of $18.27. The firm has a market capitalization of $1.66 billion, a PE ratio of 22.63 and a beta of 1.09. The business has a 50-day moving average of $15.24.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. HC Wainwright reiterated a “buy” rating and issued a $21.00 price objective on shares of MAG Silver in a research report on Tuesday, February 25th. TD Securities raised MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, MAG Silver has a consensus rating of “Moderate Buy” and a consensus price target of $18.63.

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About MAG Silver

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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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Earnings History for MAG Silver (NYSEAMERICAN:MAG)

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