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MAG Silver (NYSEMKT:MAG) Stock Price Up 4.9% - Here's Why

MAG Silver logo with Basic Materials background

MAG Silver Corp. (NYSEMKT:MAG - Get Free Report) shares traded up 4.9% during mid-day trading on Monday . The company traded as high as $15.10 and last traded at $15.38. 694,838 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 650,861 shares. The stock had previously closed at $14.66.

MAG Silver Trading Up 5.6 %

The company has a market cap of $1.60 billion, a P/E ratio of 20.64 and a beta of 1.00. The company has a 50-day simple moving average of $15.32 and a 200 day simple moving average of $15.42.

MAG Silver Company Profile

(Get Free Report)

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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