The company has projected its silver production for fiscal year 2025 to fall between 13.1 million and 14.9 million ounces. This forecast is based on operating at a daily throughput rate of 4,000 tonnes, with silver head grades expected to range from 380 to 430 grams per tonne. The anticipated gold head grade is set between 1.2 and 1.4 grams per tonne.
Cost projections reflect the company's ongoing efforts to optimize operations and maintain capital efficiency. The cash cost per silver ounce is forecasted to range from negative one dollar to one dollar, while the all-in sustaining cost per silver ounce is expected to be between six and eight dollars. These figures include expenditures on sustaining capital, anticipated to be between $70 million and $80 million. Significant investments are planned for the expansion of the tailings dam, aiming to provide approximately six years of deposition capacity and supporting ongoing mine development efforts.
Additionally, expansionary capital expenditures for 2025 are estimated at $22 million to $28 million. These funds will predominantly focus on installing an underground conveyor system slated for commissioning by late 2026. This installation is expected to enhance mining rates, improve operational efficiencies, and reduce overall mining costs.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for MAG Silver Corp (MAG, Financial) is $18.82 with a high estimate of $23.64 and a low estimate of $15.16. The average target implies an upside of 24.64% from the current price of $15.10. More detailed estimate data can be found on the MAG Silver Corp (MAG) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, MAG Silver Corp's (MAG, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
