Shares of MAG Silver Corp (TSE:MAG) (NYSEAMERICAN:MAG) reached a new 52-week high on Tuesday . The company traded as high as C$17.39 and last traded at C$17.23, with a volume of 236288 shares trading hands. The stock had previously closed at C$16.27.
Separately, Pi Financial increased their target price on MAG Silver from C$19.00 to C$19.50 in a research note on Wednesday, July 24th.
The company has a quick ratio of 250.21, a current ratio of 251.72 and a debt-to-equity ratio of 0.26. The stock has a fifty day simple moving average of C$15.22 and a 200 day simple moving average of C$13.83. The firm has a market capitalization of $1.43 billion and a P/E ratio of -325.19.
MAG Silver Company Profile (TSE:MAG)
MAG Silver Corp. focuses on acquiring, exploring, and development of mineral properties in Canada. It explores for copper, gold, silver, lead, and zinc deposits. The company primarily holds interests in the Juanicipio property covering 7,679 hectares located in the Fresnillo District, Zacatecas State, Mexico.
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