Shares of MAG Silver Corp. (TSE:MAG – Get 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 %
MAG Silver Company Profile
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%).
Featured Articles
- Five stocks we like better than MAG Silver
- Business Services Stocks Investing
- Can TikTok Stock Picks Really Make You Rich?
- Low PE Growth Stocks: Unlocking Investment Opportunities
- The “Quality” Rotation: Back to Basics Investing
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Occidental Petroleum: 4 Reasons to Love These Prices
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.