Shares of MAG Silver Corp. (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG have been given an average recommendation of "Moderate Buy" by the seven analysts that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$25.58.
A number of equities research analysts have weighed in on MAG shares. Raymond James raised their price objective on shares of MAG Silver from C$26.00 to C$27.00 in a research report on Tuesday, March 25th. TD Securities upgraded shares of MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th.
Read Our Latest Research Report on MAG
MAG Silver Stock Performance
MAG traded up C$1.57 during trading hours on Friday, hitting C$19.50. The company's stock had a trading volume of 504,208 shares, compared to its average volume of 222,525. MAG Silver has a fifty-two week low of C$15.64 and a fifty-two week high of C$25.36. The company has a 50-day simple moving average of C$22.24 and a 200 day simple moving average of C$21.70. The company has a current ratio of 32.55, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of C$1.41 billion, a PE ratio of 18.94, a PEG ratio of 0.84 and a beta of 1.14.
MAG Silver Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 21st. Investors of record on Monday, April 21st will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Friday, April 4th.
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%).
Further Reading
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