How Analysts Feel About MAG Silver Corp After Today’s Huge Decline?


The stock of MAG Silver Corp (TSE:MAG) is a huge mover today! About 257,927 shares traded hands. MAG Silver Corp (TSE:MAG) has risen 113.04% since February 5, 2016 and is uptrending. It has outperformed by 96.55% the S&P500.
The move comes after 7 months negative chart setup for the $1.66 billion company. It was reported on Sep, 13 by We have $19.44 PT which if reached, will make TSE:MAG worth $83.00M less.

Out of 2 analysts covering Mag Silver Corp (TSE:MAG), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Mag Silver Corp has been the topic of 2 analyst reports since February 18, 2016 according to StockzIntelligence Inc.

MAG Silver Corp. is a mineral exploration and development company. The company has a market cap of $1.66 billion. The Firm is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. It currently has negative earnings. The Firm operates through the exploration of mineral properties in Mexico segment.

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