National Bank Financial Trims MAG Silver Corp (MAG) Target Price to C$23.00
MAG Silver Corp (TSE:MAG) (NYSE:MAG) had its price objective decreased by National Bank Financial from C$27.00 to C$23.00 in a research report released on Wednesday morning. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for MAG Silver Corp’s FY2017 earnings at ($0.06) EPS, FY2018 earnings at ($0.08) EPS, FY2019 earnings at $0.04 EPS, FY2020 earnings at $0.96 EPS and FY2021 earnings at $1.63 EPS.
Shares of MAG Silver Corp (TSE MAG) opened at C$13.91 on Wednesday. MAG Silver Corp has a one year low of C$12.75 and a one year high of C$21.99.
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MAG Silver Corp Company Profile
MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company’s projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property.
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