MAG Silver Corporation found using ticker (MAG) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 28.5 and 16.19 calculating the average target price we see 22.79. With the stocks previous close at 14.17 this is indicating there is a potential upside of 60.8%. The day 50 moving average is 15.51 and the 200 moving average now moves to 18.38. The company has a market capitalisation of $1,396m. Company Website: https://www.magsilver.com
The potential market cap would be $2,244m 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.
