MAG Silver (NYSEMKT:MAG) Shares Up 2.6% – What’s Next?

MAG Silver Corp. (NYSEMKT:MAGGet Free Report)’s stock price shot up 2.6% during trading on Thursday . The company traded as high as $15.10 and last traded at $15.05. 694,838 shares were traded during trading, The stock had previously closed at $14.66.

MAG Silver Trading Up 2.6 %

The firm’s 50 day moving average price is $15.19 and its 200-day moving average price is $15.04. The company has a market cap of $1.56 billion, a P/E ratio of 21.19 and a beta of 1.09.

MAG Silver Company Profile

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MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.

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