Mag Silver Corp (NYSE: MVG) Given Neutral Rating by Zacks Investment Research Analysts
Equities research analysts at Zacks Investment Research reiterated a neutral rating on shares of Mag Silver Corp (NYSE: MVG) in a research note to clients and investors on Tuesday.
MAG Silver Corp. (MAG) is engaged in the mineral acquisition, exploration and development business. As of December 31, 2009, the Company was in the exploration-stage. The Companyâs property interests are located in Mexico. MAGâs three properties include its 44% joint venture interest in the Juanicipio property, the 100% owned Cinco de Mayo property and the 100% owned Lagartos (NW and SE) property. The Companyâs subsidiary, Minera Los Lagartos, S.A. DE C. V. (Lagartos) is the owner of a 44% interest in Minera Juanicipio, S.A. DE C.V. (Minera Juanicipio) and Fresnillo plc (Fresnillo).
Shares of Mag Silver Corp (NYSE: MVG) traded up 2.34% during mid-day trading on Monday, hitting $12.731. Mag Silver Corp has a 52 week low of $5.05 and a 52 week high of $13.10. The stocks 50-day moving average is $10.98 and its 200-day moving average is $8.19. On average, analysts predict that Mag Silver Corp will post $0.00 EPS next quarter. The company has a market cap of $699.4 million and a price-to-earnings ratio of N/A.
