MAG Silver Corporation with ticker code (MAG) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 28.5 and 16.68 calculating the mean target price we have 22.15. With the stocks previous close at 14.87 this would imply there is a potential upside of 49.0%. There is a 50 day moving average of 15.58 and the 200 moving average now moves to 16.67. The company has a market capitalisation of $1,454m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $2,165m 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.
