MAG Silver Corporation – Consensus Indicates Potential 53.1% Upside

Broker Ratings
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MAG Silver Corporation with ticker code (MAG) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 28.5 and 16.05 with the average target price sitting at 21.11. Now with the previous closing price of 13.79 this indicates there is a potential upside of 53.1%. The 50 day moving average now sits at 12.7 and the 200 moving average now moves to 15.27. The company has a market cap of $1,296m. You can visit the company’s website by visiting: https://www.magsilver.com

The potential market cap would be $1,984m 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.

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