Zacks Investment Research research analysts reiterated a neutral rating for shares of Mag Silver Corp (NYSE: MVG) in a research note issued to investors on Tuesday.
Mag Silver Corp (NYSE: MVG)s stock traded down 1.65% on Wednesday, hitting $11.92. Mag Silver Corp has a 52 week range of $5.05 to $13.10. The stocks 50-day moving average is $11.13 and its 200-day moving average is $8.29. Analysts predict on average that Mag Silver Corp will post $0.00 earnings per share next quarter. The company has a market cap of $654.9 million and a P/E (price-to-earnings ratio) of N/A.
About Mag Silver Corp (NYSE: MVG)
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).
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