MAG Silver: Stocks Analysts Recently Downgraded on TSX (MAG)
MAG Silver is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital. Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Previous Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| MAG-T | MAG Silver Corp | 5 | 4 | 2 | 0 | 0 | 0 | 4 | 4 | Outperform |
| CMMC-T | Copper Mountain Mining Corp | 0 | 0 | 3 | 0 | 7 | 0 | 1 | 2 | Underperform |
| K-T | Kinross Gold Corp | 7 | 1 | 7 | 0 | 0 | 0 | 4 | 4 | Outperform |
| AEM-T | Agnico Eagle Mines Ltd | 10 | 4 | 2 | 0 | 0 | 0 | 4 | 4 | Outperform |
| ANRG-T | Anaergia Inc | 1 | 1 | 3 | 0 | 1 | 0 | 3 | 3 | Hold |
| NXE-T | NexGen Energy Ltd | 3 | 5 | 0 | 0 | 0 | 0 | 4 | 4 | Outperform |
| BLU-T | BELLUS Health Inc | 4 | 0 | 0 | 0 | 1 | 0 | 4 | 5 | Outperform |
| ABX-T | Barrick Gold Corp | 11 | 2 | 5 | 1 | 0 | 0 | 4 | 4 | Outperform |
| NGT-T | Newmont Corp | 6 | 1 | 10 | 0 | 1 | 0 | 3 | 3 | Outperform |
| TECK-B-T | Teck Resources Ltd | 5 | 2 | 1 | 2 | 0 | 0 | 4 | 4 | Outperform |
| TECK-A-T | Teck Resources Ltd | 5 | 2 | 1 | 2 | 0 | 0 | 4 | 4 | Outperform |
More about MAG Silver Corp
MAG Silver Corp is a mineral exploration and development company based in Canada. The group focuses on district-scale projects in the Mexican Silver Belt, and its main source of revenue is interest income from high interest savings accounts.
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