MAG Silver Corporation found using ticker (MAG) now have 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 16.89 with the average target price sitting at 22.27. Given that the stocks previous close was at 12.8 this would indicate that there is a potential upside of 74.0%. The day 50 moving average is 16.36 while the 200 day moving average is 16.94. The company has a market capitalisation of $1,279m. Find out more information at: https://www.magsilver.com
The potential market cap would be $2,225m 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.
