MAG Silver Corporation found using ticker (MAG) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 28.5 and 18.7 with a mean TP of 24.05. Given that the stocks previous close was at 15.94 this now indicates there is a potential upside of 50.9%. The 50 day moving average now sits at 16.06 and the 200 day moving average is 17.67. The market cap for the company is $1,576m. Company Website: https://www.magsilver.com
The potential market cap would be $2,378m based on the market concensus.
MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.
