MAG Silver Corporation with ticker code (MAG) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 28.5 and 15.8 calculating the average target price we see 21.9. With the stocks previous close at 11.34 this would imply there is a potential upside of 93.1%. The 50 day moving average now sits at 13.03 and the 200 day MA is 15.72. The company has a market capitalisation of $1,112m. Find out more information at: https://www.magsilver.com
The potential market cap would be $2,147m 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.
