MAG Silver Corporation with ticker code (MAG) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 28.5 and 15.81 and has a mean target at 20.98. Now with the previous closing price of 12.29 this would imply there is a potential upside of 70.7%. There is a 50 day moving average of 12.52 while the 200 day moving average is 14.87. The company has a market capitalisation of $1,170m. Find out more information at: https://www.magsilver.com
The potential market cap would be $1,997m 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.
