MAG Silver Corp Can’t Be More Risky. Trades Sigfnicicantly Lower

 MAG Silver Corp Can't Be More Risky. Trades Sigfnicicantly Lower

The stock of MAG Silver Corp (TSE:MAG) is a huge mover today! About 34,713 shares traded hands. MAG Silver Corp (TSE:MAG) has risen 15.45% since April 26, 2016 and is uptrending. It has outperformed by 10.22% the S&P500.
The move comes after 5 months negative chart setup for the $1.42 billion company. It was reported on Nov, 30 by Barchart.com. We have $16.46 PT which if reached, will make TSE:MAG worth $42.60M less.

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. $23.75 is the highest target while $10 is the lowest. The $16.94 average target is -0.18% below today’s ($16.97) stock price. Mag Silver Corp has been the topic of 5 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Thursday, September 22 by TD Securities. The rating was maintained by TD Securities on Wednesday, June 29 with “Hold”.

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 $1.42 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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