MAG Silver Corporation found using ticker (MAG) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 28.5 and 16.23 with the average target price sitting at 22.83. With the stocks previous close at 18.41 this would indicate that there is a potential upside of 24.0%. The 50 day MA is 15.5 while the 200 day moving average is 18.04. The market capitalisation for the company is $1,824m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $2,262m based on the market concensus.
MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.