MAG Silver Corporation with ticker code (MAG) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 28.5 and 18.79 with a mean TP of 23.76. Now with the previous closing price of 15.38 this would imply there is a potential upside of 54.5%. The 50 day moving average now sits at 16.7 while the 200 day moving average is 18.5. The market cap for the company is $1,631m. Company Website: https://www.magsilver.com
The potential market cap would be $2,519m 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.
