Shares of MAG Silver Corp. (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$34.38 and traded as high as C$34.98. MAG Silver shares last traded at C$34.38, with a volume of 146,911 shares.
MAG Silver Stock Performance
The firm has a market capitalization of C$3.56 billion, a PE ratio of 34.73, a P/E/G ratio of 0.84 and a beta of 1.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.55 and a quick ratio of 25.31. The company’s fifty day simple moving average is C$34.38 and its 200 day simple moving average is C$32.44.
About MAG Silver
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation.
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