MAG Silver Corporation with ticker code (MAG) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 21.5 and 15.2 with the average target price sitting at 18.78. Given that the stocks previous close was at 15.76 this indicates there is a potential upside of 19.2%. The 50 day MA is 15.76 and the 200 day moving average is 13.96. The company has a market cap of $1,542m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $1,838m based on the market concensus.
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MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.