MAG Silver Corporation with ticker code (MAG) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 28.5 and 17.04 calculating the mean target price we have 22.65. With the stocks previous close at 17.23 this would indicate that there is a potential upside of 31.5%. The 50 day moving average now sits at 16.79 and the 200 moving average now moves to 17.31. The company has a market capitalisation of $1,707m. Visit the company website at: https://www.magsilver.com
The potential market cap would be $2,244m 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.
