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MAG Silver (NYSEMKT:MAG) Trading Up 42.8% - Here's What Happened

MAG Silver logo with Basic Materials background

MAG Silver Corp. (NYSEMKT:MAG - Get Free Report)'s share price was up 42.8% during mid-day trading on Friday . The stock traded as high as $15.10 and last traded at $20.94. Approximately 694,838 shares were traded during trading, a decline of 28% from the average daily volume of 967,470 shares. The stock had previously closed at $14.66.

MAG Silver Stock Performance

The company has a market cap of $2.29 billion, a price-to-earnings ratio of 25.18 and a beta of 0.75. The stock's fifty day simple moving average is $20.39 and its two-hundred day simple moving average is $17.05.

About MAG Silver

(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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