MAG Silver Corporation found using ticker (MAG) now have 4 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 16.89 calculating the mean target price we have 22.27. Given that the stocks previous close was at 13.13 this is indicating there is a potential upside of 69.6%. The 50 day moving average now sits at 14.74 and the 200 day MA is 16.29. The company has a market cap of $1,250m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $2,120m 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.
