MAG Silver Corporation with ticker code (MAG) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 19.13 and 17 and has a mean target at 18.06. Given that the stocks previous close was at 11.35 this would imply there is a potential upside of 59.1%. There is a 50 day moving average of 14.14 while the 200 day moving average is 13.61. The market capitalisation for the company is $1,156m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $1,839m 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.
