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MAG Silver (NYSEMKT:MAG) Stock Price Up 4.9% - Should You Buy?

MAG Silver logo with Basic Materials background

MAG Silver Corp. (NYSEMKT:MAG - Get Free Report)'s stock price rose 4.9% during trading on Monday . The stock traded as high as $15.10 and last traded at $15.38. Approximately 694,838 shares traded hands during trading, an increase of 7% from the average daily volume of 650,861 shares. The stock had previously closed at $14.66.

MAG Silver Stock Up 5.7 %

The firm's fifty day simple moving average is $15.34 and its 200-day simple moving average is $15.42. The firm has a market capitalization of $1.60 billion, a PE ratio of 20.95 and a beta of 1.00.

About MAG Silver

(Get Free Report)

MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.

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