MAG Silver Corporation which can be found using ticker (MAG) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 18.84 and 17 calculating the average target price we see $17.92. Given that the stocks previous close was at $11.89 and the analysts are correct then we can expect a percentage increase in value of 50.7%. The 50 day moving average now sits at $13.68 and the 200 day MA is $13.54. The market capitalization for the company is $1,230m. Find out more information at: https://www.magsilver.com
The potential market cap would be $1,854m 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.
