MAG Silver Corp. (NYSEMKT:MAG – Get Free Report) shares rose 36.2% on Wednesday . The stock traded as high as $15.10 and last traded at $19.97. Approximately 694,838 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 802,925 shares. The stock had previously closed at $14.66.
MAG Silver Trading Up 36.2%
The firm has a market capitalization of $2.07 billion, a PE ratio of 22.70 and a beta of 0.67. The firm has a 50-day moving average of $16.27 and a two-hundred day moving average of $15.63.
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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