MAG Silver Corp. (MAG)
NYSEAMERICAN: MAG · IEX Real-Time Price · USD
13.19
-0.21 (-1.57%)
At close: Jul 19, 2024, 4:00 PM
13.37
+0.18 (1.36%)
Pre-market: Jul 22, 2024, 8:00 AM EDT
MAG Silver Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MAG Silver stock have an average target of 15.75, with a low estimate of 14.5 and a high estimate of 17. The average target predicts an increase of 19.41% from the current stock price of 13.19.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 23, 2024.
Analyst Ratings
The average analyst rating for MAG Silver stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +9.93% | May 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $17 | Strong Buy | Reiterates | $17 | +28.89% | May 16, 2024 |
| Stifel | Stifel | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | May 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $16 → $17 | Strong Buy | Maintains | $16 → $17 | +28.89% | Apr 25, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $20 → $16 | Strong Buy | Maintains | $20 → $16 | +21.30% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
73.58M
Revenue Next Year
66.43M
from 73.58M
Decreased by -9.71%
EPS This Year
0.52
from 0.47
Increased by 11.51%
EPS Next Year
0.58
from 0.52
Increased by 10.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 233.5M | 215.6M | 186.4M |
| Avg | 73.6M | 66.4M | 106.8M |
| Low | n/a | n/a | 33.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 193.0% | 180.6% |
| Avg | - | -9.7% | 60.7% |
| Low | - | - | -50.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.71 | 1.18 | 1.01 | 1.12 | 0.40 |
| Avg | 0.52 | 0.58 | 0.66 | 0.74 | 0.38 |
| Low | 0.31 | 0.32 | 0.40 | 0.38 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 51.9% | 124.4% | 74.8% | 70.3% | -45.9% |
| Avg | 11.5% | 10.1% | 14.4% | 11.7% | -47.9% |
| Low | -33.3% | -38.3% | -30.3% | -42.1% | -49.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.