MAG Silver Corporation – Consensus Indicates Potential 75.8% Upside

Broker Ratings
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MAG Silver Corporation found using ticker (MAG) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 28.5 and 17.12 calculating the mean target price we have 22.4. Given that the stocks previous close was at 12.74 this indicates there is a potential upside of 75.8%. The 50 day moving average now sits at 14.93 while the 200 day moving average is 16.38. The company has a market capitalisation of $1,301m. Find out more information at: https://www.magsilver.com

The potential market cap would be $2,288m 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.

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