MAG Silver Corp (MAG) Forecasted to Post FY2017 Earnings of ($0.06) Per Share
MAG Silver Corp (TSE:MAG) (NYSE:MAG) – Analysts at National Bank Financial issued their FY2017 earnings per share (EPS) estimates for shares of MAG Silver Corp in a research report issued on Tuesday. National Bank Financial analyst S. Nagle forecasts that the company will post earnings of ($0.06) per share for the year. National Bank Financial has a “Outperform” rating and a $23.00 price objective on the stock. National Bank Financial also issued estimates for MAG Silver Corp’s FY2018 earnings at ($0.08) EPS, FY2019 earnings at $0.04 EPS, FY2020 earnings at $0.96 EPS and FY2021 earnings at $1.63 EPS.
Separately, HC Wainwright reaffirmed a “buy” rating on shares of MAG Silver Corp in a research report on Wednesday. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. MAG Silver Corp currently has an average rating of “Buy” and a consensus target price of C$23.33.
Shares of MAG Silver Corp (TSE:MAG) opened at C$13.91 on Friday. MAG Silver Corp has a 12-month low of C$12.75 and a 12-month high of C$21.99.
About MAG Silver Corp
MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company’s projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property.
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