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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today during trading, MAG Silver Corp stock opened at $16.91 and closed at $16.28. Intraday prices ranged from $16.15 to $17.01.

Share prices dipped -2.92% from the previous day's close of $16.77.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

MAG Silver Corp has listed on the Toronto Stock Exchange (TSX) under the ticker MAG.

A total of 190,071 shares was traded during the session, with total trades of 1,489. On average, MAG Silver Corp has traded 200,135 shares in the last five days and 228,958 year-to-date.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 6.41%, while they have raised 18.06% year-to-date.

Following today's trading, MAG Silver Corp has a market capitalization of $1.73 billion on a float of 103,178 shares outstanding. Its annual EPS is $0.58.

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

Currently, MAG Silver Corp's consensus rating is "Strong Buy" based on 11 analysts according to Zacks. From those 11 analysts, 10 have buy ratings and 1 analysts gave hold ratings.

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..