Shares of MAG Silver Corp. (NYSEMKT:MAG - Get Free Report) shot up 15.8% during trading on Wednesday . The company traded as high as $15.10 and last traded at $16.97. 694,838 shares were traded during trading, The stock had previously closed at $14.66.
MAG Silver Price Performance
The stock's 50-day simple moving average is $14.94 and its 200 day simple moving average is $14.76. The stock has a market capitalization of $1.69 billion, a P/E ratio of 23.06 and a beta of 1.09.
MAG Silver Company Profile
(
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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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