Separately, Roth Capital reiterated a buy rating on shares of MAG Silver in a report on Wednesday, March 6th.
Shares of MAG traded down $0.12 during trading hours on Wednesday, reaching $10.54. 165,800 shares of the company traded hands, compared to its average volume of 284,156. The firm has a fifty day moving average of $10.21. MAG Silver has a 1-year low of $6.12 and a 1-year high of $11.95.
About MAG Silver
MAG Silver Corp. focuses on acquiring, exploring, and development of mineral properties in Canada. It explores for copper, gold, silver, lead, and zinc deposits. The company primarily holds interests in the Juanicipio property covering 7,679 hectares located in the Fresnillo District, Zacatecas State, Mexico.
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