MAG Silver (TSE:MAG - Free Report) NYSEAMERICAN: MAG had its price target raised by TD Securities from C$22.00 to C$25.00 in a report released on Friday, BayStreet.CA reports.
Separately, Stifel Nicolaus lifted their price objective on MAG Silver from C$21.25 to C$21.50 in a report on Tuesday, August 6th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$21.50.
Read Our Latest Analysis on MAG
MAG Silver Stock Performance
MAG stock traded up C$1.43 during midday trading on Friday, hitting C$23.15. The stock had a trading volume of 326,517 shares, compared to its average volume of 216,039. MAG Silver has a 52 week low of C$11.15 and a 52 week high of C$23.38. The company has a current ratio of 28.03, a quick ratio of 25.31 and a debt-to-equity ratio of 0.01. The stock has a 50-day simple moving average of C$18.70 and a 200 day simple moving average of C$17.70. The firm has a market capitalization of C$2.39 billion, a price-to-earnings ratio of 29.11, a P/E/G ratio of 0.84 and a beta of 1.14.
MAG Silver (TSE:MAG - Get Free Report) NYSEAMERICAN: MAG last released its quarterly earnings data on Thursday, August 1st. The company reported C$0.28 EPS for the quarter, topping analysts' consensus estimates of C$0.27 by C$0.01. As a group, equities research analysts anticipate that MAG Silver will post 1.2235023 earnings per share for the current year.
About MAG Silver
(
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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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