MAG Silver Corporation – Consensus Indicates Potential 80.2% Upside

Broker Ratings
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MAG Silver Corporation found using ticker (MAG) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 28.5 and 15.81 and has a mean target at 20.98. Given that the stocks previous close was at 11.64 this would imply there is a potential upside of 80.2%. The day 50 moving average is 12.45 and the 200 day MA is 14.74. The market cap for the company is $1,222m. You can visit the company’s website by visiting: https://www.magsilver.com

The potential market cap would be $2,202m 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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