MAG Silver Corporation – Consensus ‘Buy’ rating and 33.2% Upside Potential

Broker Ratings
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MAG Silver Corporation which can be found using ticker (MAG) now have 2 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 19.32 and 17 and has a mean target at $18.16. Now with the previous closing price of $13.63 and the analysts are correct then there would likely be a percentage uptick in value of 33.2%. Also worth taking note is the 50 day moving average now sits at $12.54 and the 200 day MA is $13.43. The company has a market capitalization of $1,440m. Find out more information at: https://www.magsilver.com

The potential market cap would be $1,919m 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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