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MAG Silver Corp reports results for the quarter ended December 31 - Earnings Summary

MAG Silver Corp MAG.TO reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 15 cents.  The mean expectation of eight analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 18 cents to 27 cents per share.

Reported revenue was zero​; analysts expected zero.

MAG Silver Corp's reported EPS for the quarter was 18 cents​.

The company reported quarterly net income of $18.98 million.

MAG Silver Corp shares had risen by 16.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 32.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"

Wall Street's median 12-month price target for MAG Silver Corp is C$27.00

This summary was machine generated from LSEG data March 24 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.230.18Missed
Sep. 30 20240.190.22Beat
Jun. 30 20240.160.21Beat
Mar. 31 20240.120.14Beat

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