MAG Silver Corp. (NYSEMKT:MAG – Get Free Report)’s stock price shot up 46.7% during trading on Thursday . The company traded as high as $15.10 and last traded at $21.51. 694,838 shares traded hands during trading, a decline of 24% from the average session volume of 910,808 shares. The stock had previously closed at $14.66.
MAG Silver Stock Up 46.7%
The stock’s 50 day moving average price is $18.46 and its 200-day moving average price is $16.27. The stock has a market capitalization of $2.23 billion, a P/E ratio of 24.44 and a beta of 0.73.
MAG Silver Company Profile
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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