MAG Silver Corp. (TSE:MAG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of MAG Silver Corp. (TSE:MAGGet Free Report) (NYSEAMERICAN:MAG) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$25.45.

A number of analysts recently commented on the company. TD Securities raised MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Stifel Nicolaus raised their price target on MAG Silver from C$25.00 to C$25.50 in a research note on Monday, November 25th. Panmure Gordon raised their price target on MAG Silver from C$26.40 to C$27.10 in a research note on Friday, November 22nd. Finally, CIBC raised their price target on MAG Silver from C$25.00 to C$26.00 in a research note on Monday, December 2nd.

Check Out Our Latest Report on MAG Silver

MAG Silver Stock Up 3.9 %

Shares of MAG Silver stock opened at C$24.01 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 25.31 and a current ratio of 32.55. MAG Silver has a 52-week low of C$12.16 and a 52-week high of C$25.36. The stock has a market capitalization of C$1.74 billion, a price-to-earnings ratio of 23.33, a P/E/G ratio of 0.84 and a beta of 1.14. The company’s 50 day moving average price is C$22.21 and its 200-day moving average price is C$21.21.

MAG Silver Company Profile

(Get Free Report

MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%).

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Analyst Recommendations for MAG Silver (TSE:MAG)

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