The stock of MAG Silver Corp (TSE:MAG) is a huge mover today! About 17,050 shares traded hands. MAG Silver Corp (TSE:MAG) has risen 7.34% since April 21, 2016 and is uptrending. It has outperformed by 1.93% the S&P500.
The move comes after 7 months positive chart setup for the $1.30B company. It was reported on Nov, 25 by Barchart.com. We have $17.39 PT which if reached, will make TSE:MAG worth $78.00M more.
MAG Silver Corp (TSE:MAG) Ratings Coverage
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 5 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The stock of MAG Silver Corp (TSE:MAG) earned “Hold” rating by TD Securities on Thursday, September 22. TD Securities maintained MAG Silver Corp (TSE:MAG) on Wednesday, June 29 with “Hold” rating.
Another recent and important MAG Silver Corp (TSE:MAG) news was published by Marketwatch.com which published an article titled: “MAG Silver Corp.” on November 09, 2010.
MAG Silver Corp. is a mineral exploration and development company. The company has a market cap of $1.30 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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