MAG Silver Corporation – Consensus ‘Buy’ rating and 38.4% Upside Potential

Broker Ratings
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MAG Silver Corporation with ticker code (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 19.35 and 17 calculating the mean target price we have $18.17. Now with the previous closing price of $13.13 and the analysts are correct then we can expect a percentage increase in value of 38.4%. The 50 day MA is $12.52 and the 200 moving average now moves to $13.45. The company has a market cap of $1,341m. Find out more information at: https://www.magsilver.com

The potential market cap would be $1,856m 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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