MAG Silver Corp. (TSE:MAG – Get Rating) (NYSEAMERICAN:MAG) has been assigned a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$23.68.
MAG has been the subject of several analyst reports. Pi Financial upgraded MAG Silver from a “neutral” rating to a “buy” rating in a report on Tuesday, February 7th. Stifel Nicolaus lowered their price objective on MAG Silver from C$27.75 to C$25.75 in a research report on Tuesday, March 28th. National Bankshares set a C$26.50 target price on MAG Silver and gave the stock an “outperform” rating in a report on Thursday, January 26th. National Bank Financial cut their price objective on MAG Silver from C$26.00 to C$24.50 in a report on Tuesday, April 18th. Finally, CIBC lowered their price target on MAG Silver from C$24.00 to C$21.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 28th.
MAG Silver Stock Performance
MAG stock opened at C$17.82 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 25.31 and a current ratio of 11.98. The stock’s fifty day moving average is C$17.16 and its two-hundred day moving average is C$18.90. MAG Silver has a 1 year low of C$13.60 and a 1 year high of C$22.96. The stock has a market capitalization of C$1.83 billion, a price-to-earnings ratio of 71.28, a PEG ratio of 0.84 and a beta of 1.00.
About MAG Silver
MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.
See Also
- It’s Time To Check Into Booking.Com
- Shopify Delivers Growth And Efficiency; Shares Surge
- Advanced Micro Devices Bullish Reversal Is Still In Play
- Broadcom Shares Trade In Tight Range Ahead Of Q2 Earnings Report
- An Opportunity To Buy Starbucks Is Knocking On The Door
Receive News & Ratings for MAG Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver and related companies with MarketBeat.com's FREE daily email newsletter.
