MAG Silver Corp. (MAG)
NYSEAMERICAN: MAG · IEX Real-Time Price · USD
10.55
+0.67 (6.78%)
Mar 28, 2024, 2:23 PM EDT - Market open
MAG Silver Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MAG Silver stock have an average target of 17, with a low estimate of 13.5 and a high estimate of 19. The average target predicts an increase of 61.14% from the current stock price of 10.55.
Analyst Consensus: Strong Buy
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 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 | Hold → Buy Upgrades $15 → $14 | Hold → Buy | Upgrades | $15 → $14 | +27.96% | Mar 28, 2024 |
Stifel | Stifel | Strong Buy Maintains $20 → $19 | Strong Buy | Maintains | $20 → $19 | +80.09% | Mar 20, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 → $19 | Strong Buy | Reiterates | $20 → $19 | +75.36% | Mar 20, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +84.83% | Nov 13, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $21 → $20 | Strong Buy | Maintains | $21 → $20 | +84.83% | Oct 26, 2023 |
Financial Forecast
Revenue This Year
93.00M
Revenue Next Year
119.69M
from 93.00M
Increased by 28.70%
EPS This Year
0.74
from 0.47
Increased by 58.22%
EPS Next Year
0.90
from 0.74
Increased by 20.61%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 286.4M | 261.9M |
Avg | 93.0M | 119.7M |
Low | n/a | n/a |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | - | 181.6% |
Avg | - | 28.7% |
Low | - | - |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.39 | 2.05 | 2.15 |
Avg | 0.74 | 0.90 | 1.26 |
Low | 0.34 | 0.45 | 0.44 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 194.9% | 175.3% | 140.0% |
Avg | 58.2% | 20.6% | 40.8% |
Low | -27.0% | -39.4% | -50.8% |
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.