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Closing Bell: MAG Silver Corp down on Friday (MAG)

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

MAG Silver Corp opened trading today at $18.42 and closed at $17.57. It traded at a low of $17.30 to a high of $19.65.

Share prices dipped -3.88% from the previous day's close of $18.28.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

MAG Silver Corp traded under MAG on the Toronto Stock Exchange (TSX).

A total of 258,981 shares was traded during the session, with total trades of 1,919. On average, MAG Silver Corp has traded 157,040 shares over 5 days and 229,145 year-to-date.

The TSX overall saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, MAG.TO has traded as high as $19.65 (August 02,2024) and low as $11.15 (March 01,2024). Moreover, in the last 12 months, MAG Silver Corp's shares have advanced 18.64%, while in 2024, they have advanced 27.41%.

Following today's trading, MAG Silver Corp has a market capitalization of $1.81 billion on a float of 103,143 shares outstanding. Its annual EPS is $0.56.

MAG Silver Corp is a TSX Silver company headquartered in Vancouver, CAN.

Currently, MAG Silver Corp has an average recommendation of "Strong Buy" based on 11.00 analysts according to Zacks. Currently, there are 10 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..