MAG Silver Corporation – Consensus Indicates Potential -4.6% Downside

Broker Ratings

MAG Silver Corporation found using ticker (MAG) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 20 and 16.53 calculating the average target price we see 18.04. Now with the previous closing price of 18.91 this would imply there is a potential downside of -4.6%. The day 50 moving average is 18.8 and the 200 day MA is 18.97. The market cap for the company is $1,813m. Company Website: http://www.magsilver.com

MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

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