MAG Silver Corp (MAG) Insider Purchases C$303,600.00 in Stock

MAG Silver Corp (TSE:MAG) (NYSEAMERICAN:MAG) insider Michael John Curlook acquired 22,000 shares of MAG Silver stock in a transaction that occurred on Wednesday, November 29th. The stock was acquired at an average cost of C$13.80 per share, for a total transaction of C$303,600.00.

Michael John Curlook also recently made the following trade(s):

  • On Thursday, November 23rd, Michael John Curlook acquired 5,500 shares of MAG Silver stock. The stock was acquired at an average cost of C$14.10 per share, for a total transaction of C$77,550.00.

MAG Silver Corp (TSE MAG) opened at C$13.56 on Monday. MAG Silver Corp has a 1 year low of C$12.75 and a 1 year high of C$21.99.

Several research firms recently weighed in on MAG. National Bank Financial reduced their price objective on MAG Silver from C$27.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 8th. HC Wainwright reaffirmed a “buy” rating on shares of MAG Silver in a research note on Wednesday, November 8th. Finally, Scotiabank reduced their price objective on MAG Silver from C$20.00 to C$19.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 15th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. MAG Silver presently has an average rating of “Buy” and an average target price of C$22.83.

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MAG Silver Company Profile

MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company’s projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property.

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