MAG Silver Corp. (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG has earned an average rating of "Moderate Buy" from the eight analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$25.45.
Several equities research analysts have recently commented on the stock. Panmure Gordon boosted their price target on shares of MAG Silver from C$26.40 to C$27.10 in a report on Friday, November 22nd. Stifel Nicolaus increased their price objective on MAG Silver from C$25.00 to C$25.50 in a report on Monday, November 25th. TD Securities upgraded MAG Silver to a "strong-buy" rating in a research note on Monday. Finally, CIBC increased their price target on MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd.
View Our Latest Stock Analysis on MAG Silver
MAG Silver Trading Down 0.5 %
Shares of TSE:MAG traded down C$0.12 during trading on Tuesday, reaching C$23.11. 212,922 shares of the company were exchanged, compared to its average volume of 191,523. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31. The business's fifty day simple moving average is C$22.08 and its 200-day simple moving average is C$21.14. The firm has a market capitalization of C$1.68 billion, a PE ratio of 22.45, a P/E/G ratio of 0.84 and a beta of 1.14. MAG Silver has a 12-month low of C$12.16 and a 12-month high of C$25.36.
MAG Silver Company Profile
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Get Free ReportMAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).
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