MAG Silver Corp. (NYSEMKT:MAG – Get Free Report) was up 23.9% during trading on Tuesday . The stock traded as high as $15.10 and last traded at $18.16. Approximately 694,838 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 740,313 shares. The stock had previously closed at $14.66.
MAG Silver Stock Up 23.9%
The business has a 50-day simple moving average of $15.39 and a 200-day simple moving average of $15.37. The stock has a market cap of $1.88 billion, a P/E ratio of 20.64 and a beta of 0.67.
About MAG Silver
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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