MAG Silver Corp. (TSE:MAG) Given Average Rating of "Moderate Buy" by Analysts

Shares of MAG Silver Corp. (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG have earned an average recommendation of "Moderate Buy" from the six analysts that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$26.09.A number of analysts have commented on MAG shares. TD Securities raised MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. Raymond James lifted their price target on MAG Silver from C$26.00 to C$27.00 in a research note on Tuesday, March 25th.Read Our Latest Report on MAGMAG Silver Trading Down 1.3 %MAG stock opened at C$21.35 on Wednesday. The company has a market capitalization of C$1.55 billion, a PE ratio of 20.74, a P/E/G ratio of 0.84 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31. MAG Silver has a 12 month low of C$15.64 and a 12 month high of C$25.36. The firm's 50-day moving average is C$21.69 and its 200 day moving average is C$21.85. MAG Silver Dividend AnnouncementThe business also recently announced a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 21st were given a $0.02 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.08 annualized dividend and a dividend yield of 0.37%. 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%).See AlsoFive stocks we like better than MAG SilverDividend Payout Ratio CalculatorDon’t Be Fooled by the Bounce: The Market Storm Isn’t Over YetP/E Ratio Calculation: How to Assess StocksCoca-Cola Company Stock Can Bubble to New Highs This YearGrowth Investing: Should You Adopt This Investing Strategy in 2022?3 Stocks Lifting 2025 Guidance Despite Market JittersThis 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