MAG Silver Corp reports results for the quarter ended in December

• MAG Silver Corp MAG reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of nine analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 10 cents to 21 cents per share.

• Revenue rose 146.1% to $726.00 thousand from a year ago; analysts expected zero.

• MAG Silver Corp’s reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $15.69 million.

• MAG Silver Corp shares had fallen by 9.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 11 “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$20.14

This summary was machine generated from LSEG data March 19 at 01:32 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)