MAG Silver Corporation found using ticker (MAG) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 21.5 and 14.7 with the average target price sitting at 17.82. With the stocks previous close at 13.69 this now indicates there is a potential upside of 30.2%. The 50 day MA is 12.82 and the 200 day moving average is 14.35. The market cap for the company is $1,254m. Company Website: https://www.magsilver.com
The potential market cap would be $1,632m based on the market concensus.
MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.
