MAG Silver Corporation – Consensus Indicates Potential 49.0% Upside

Broker Ratings

MAG Silver Corporation found using ticker (MAG) now have 4 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 28.5 and 16.79 with a mean TP of 22.21. With the stocks previous close at 14.91 this would indicate that there is a potential upside of 49.0%. The 50 day moving average now sits at 16.69 and the 200 day moving average is 17.07. The company has a market capitalisation of $1,536m. Find out more information at: https://www.magsilver.com

The potential market cap would be $2,288m 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.

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