MAG Silver Corporation with ticker code (MAG) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 28.5 and 15.91 and has a mean target at 21.04. Given that the stocks previous close was at 11.71 this would indicate that there is a potential upside of 79.7%. There is a 50 day moving average of 12.91 and the 200 moving average now moves to 15.61. The market capitalisation for the company is $1,233m. You can visit the company’s website by visiting: https://www.magsilver.com
The potential market cap would be $2,216m 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.
