MAG has been the topic of several other reports. Raymond James Financial Inc. boosted their price objective on MAG Silver Corp from C$22.50 to C$23.75 in a research note on Friday, September 23rd. Desjardins boosted their price objective on MAG Silver Corp from C$14.00 to C$17.00 and gave the stock a hold rating in a research note on Wednesday, June 22nd. BMO Capital Markets reissued a market perform rating and set a C$25.00 price objective on shares of MAG Silver Corp in a research note on Tuesday, August 16th. TD Securities reissued a hold rating and set a C$21.00 price objective on shares of MAG Silver Corp in a research note on Thursday, September 22nd. Finally, National Bank Financial boosted their price objective on MAG Silver Corp from C$19.00 to C$22.00 in a research note on Wednesday, July 13th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of C$21.11.
MAG Silver Corp (TSE:MAG) opened at 17.84 on Tuesday. The company’s 50-day moving average price is $20.57 and its 200 day moving average price is $17.81. MAG Silver Corp has a 52-week low of $8.67 and a 52-week high of $23.32. The company’s market capitalization is $1.43 billion.
About MAG Silver Corp
MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company’s projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property.
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