Analyst Price Target is C$25.58
▲ +14.58% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for MAG Silver in the last 3 months. The average price target is C$25.58, with a high forecast of C$27.10 and a low forecast of C$22.00. The average price target represents a 14.58% upside from the last price of C$22.32.
Current Consensus is
Moderate Buy
The current consensus among 7 polled investment analysts is to moderate buy stock in MAG Silver. This Moderate Buy consensus rating has held steady for over two years.
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.
Read More