MAG Silver Corporation – Consensus Indicates Potential 57.1% Upside

Broker Ratings
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MAG Silver Corporation found using ticker (MAG) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 28.5 and 15.99 with a mean TP of 21.08. With the stocks previous close at 13.42 this would indicate that there is a potential upside of 57.1%. The 50 day moving average now sits at 12.9 and the 200 day MA is 15.53. The company has a market cap of $1,304m. Visit the company website at: https://www.magsilver.com

The potential market cap would be $2,048m 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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