MAG Silver Corp. (TSE:MAG) Receives Consensus Rating of "Moderate Buy" from Analysts

MAG Silver Corp. (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG has been assigned an average rating of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$25.58.Several research firms recently issued reports on MAG. TD Securities raised MAG Silver to a "strong-buy" rating in a research note on Monday, March 10th. Raymond James lifted their price target on MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday, March 25th.Check Out Our Latest Analysis on MAG SilverMAG Silver Stock PerformanceMAG Silver stock opened at C$19.08 on Friday. The firm's 50 day simple moving average is C$22.57 and its 200 day simple moving average is C$21.71. The company has a current ratio of 32.55, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. MAG Silver has a 1-year low of C$15.64 and a 1-year high of C$25.36. The firm has a market capitalization of C$1.38 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. MAG Silver Announces DividendThe firm also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Shareholders of record on Monday, April 21st will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.08 annualized dividend and a yield of 0.42%. MAG Silver Company Profile (Get Free ReportMAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).Recommended StoriesFive stocks we like better than MAG Silver3 Stocks to Consider Buying in OctoberArcher Aviation’s Africa Deal Could Boost ACHR StockHow to Calculate Return on Investment (ROI)Are Short Sellers Wrong About These 3 Semiconductor Stocks?Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in MAG Silver Right Now?Before you consider MAG Silver, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MAG Silver wasn't on the list.While MAG Silver currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here