MAG Silver Corporation with ticker code (MAG) have now 2 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 18.89 and 17 and has a mean target at $17.94. Given that the stocks previous close was at $11.94 this would indicate that there is a potential upside of 50.3%. It’s also worth noting that there is a 50 day moving average of $13.25 and the 200 day MA is $13.47. The total market capitalization for the company now stands at $1,276m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $1,918m 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, 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.
The company is not paying dividends at this time.
