MAG Silver Corporation with ticker code (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 16.61 and has a mean target at 22.11. With the stocks previous close at 13.06 this is indicating there is a potential upside of 69.3%. The day 50 moving average is 14.26 and the 200 day moving average is 16.15. The market capitalisation for the company is $1,246m. Company Website: https://www.magsilver.com
The potential market cap would be $2,109m 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.
