MAG Silver Corporation – Consensus ‘Buy’ rating and 47.7% 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 18.94 and 17 suggesting an average Analsyt target price of $17.97. Given that the stocks previous close was at $12.17 and the analysts are correct then there would likely be a percentage uptick in value of 47.7%. The 50 day MA is $12.85 and the 200 day moving average is $13.41. The market cap for the company is $1,242m. Company Website: https://www.magsilver.com

The potential market cap would be $1,835m 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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