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MAG Silver (TSE:MAG) PT Raised to C$25.00

MAG Silver logo with Basic Materials background

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

(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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