MAG Silver Corp (TSE:MAG) (NYSEAMERICAN:MAG) Senior Officer Michael John Curlook sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of C$23.92, for a total transaction of C$95,680.00. Following the completion of the transaction, the insider now owns 92,743 shares of the company’s stock, valued at approximately C$2,218,412.56.
Michael John Curlook also recently made the following trade(s):
- On Tuesday, July 21st, Michael John Curlook sold 10,000 shares of MAG Silver stock. The shares were sold at an average price of C$21.41, for a total transaction of C$214,100.00.
- On Wednesday, July 8th, Michael John Curlook sold 10,000 shares of MAG Silver stock. The shares were sold at an average price of C$20.36, for a total transaction of C$203,600.00.
MAG stock opened at C$22.63 on Friday. MAG Silver Corp has a twelve month low of C$5.33 and a twelve month high of C$24.09. The company has a quick ratio of 103.87, a current ratio of 104.90 and a debt-to-equity ratio of 0.24. The firm has a market cap of $2.06 billion and a PE ratio of -103.33. The business has a 50 day moving average of C$19.36 and a 200 day moving average of C$15.33.
MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) last posted its quarterly earnings data on Friday, May 15th. The company reported C($0.23) earnings per share for the quarter. On average, research analysts expect that MAG Silver Corp will post 0.29 earnings per share for the current fiscal year.
MAG has been the topic of several research reports. BMO Capital Markets upped their price objective on shares of MAG Silver from C$17.00 to C$18.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. TD Securities downgraded shares of MAG Silver from a “speculative buy” rating to a “hold” rating and raised their price objective for the stock from C$26.00 to C$27.00 in a report on Friday, July 24th. National Bank Financial increased their target price on shares of MAG Silver from C$20.00 to C$28.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Raymond James upped their price objective on MAG Silver from C$22.00 to C$22.50 and gave the stock a “market perform” rating in a report on Wednesday, July 15th. Finally, HC Wainwright reiterated a “buy” rating and issued a C$16.50 price objective on shares of MAG Silver in a report on Tuesday, May 26th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$21.48.
MAG Silver Company Profile
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.
Read More: How is diluted EPS different from basic EPS?
Receive News & Ratings for MAG Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver and related companies with MarketBeat.com's FREE daily email newsletter.