MAG Silver Corp. (NYSEMKT:MAG – Get Free Report) shot up 6.8% during mid-day trading on Friday . The company traded as high as $15.10 and last traded at $15.65. 694,838 shares were traded during trading, an increase of 1% from the average session volume of 686,000 shares. The stock had previously closed at $14.66.
MAG Silver Trading Up 6.8 %
The company’s 50 day simple moving average is $15.77 and its 200 day simple moving average is $15.36. The stock has a market capitalization of $1.62 billion, a PE ratio of 20.87 and a beta of 1.01.
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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