MAG Silver (MAG) Sets New 52-Week Low at $9.25

MAG Silver Corp (TSE:MAG) (NYSEAMERICAN:MAG)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$9.25 and last traded at C$9.29, with a volume of 75290 shares. The stock had previously closed at C$9.51.

Separately, National Bank Financial raised their price objective on shares of MAG Silver from C$18.00 to C$24.00 and gave the stock an “outperform” rating in a research note on Monday, August 13th.

MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last posted its quarterly earnings data on Tuesday, August 14th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.02).

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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.

See Also: Intrinsic Value

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