MAG Silver Corporation – Consensus ‘Buy’ rating and 31.9% Upside Potential

Broker Ratings
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MAG Silver Corporation with ticker code (MAG) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 17.97 and 17 calculating the average target price we see $17.48. Given that the stocks previous close was at $13.25 this is indicating there is a potential upside of 31.9%. The 50 day MA is $12.54 and the 200 moving average now moves to $13.55. The market capitalization for the company is $1,371m. Find out more information at: https://www.magsilver.com

The potential market cap would be $1,808m based on the market consensus.

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

The company is not paying dividends at this time.

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