MAG Silver Corp. (NYSEMKT:MAG - Get Free Report) shares rose 56.4% during mid-day trading on Monday . The company traded as high as $15.10 and last traded at $22.94. Approximately 694,838 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 969,568 shares. The stock had previously closed at $14.66.
MAG Silver Stock Up 57.4%
The firm has a market cap of $2.39 billion, a PE ratio of 23.30 and a beta of 0.69. The firm's fifty day simple moving average is $21.60 and its two-hundred day simple moving average is $18.02.
About MAG Silver
(
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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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