Analyst Price Target is C$26.09
▲ +22.18% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for MAG Silver in the last 3 months. The average price target is C$26.09, with a high forecast of C$27.10 and a low forecast of C$24.00. The average price target represents a 22.18% upside from the last price of C$21.35.
Current Consensus is
Moderate Buy
The current consensus among 6 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.
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