MAG Silver (NYSEMKT:MAG) Shares Up 2.6% – Here’s What Happened

Shares of MAG Silver Corp. (NYSEMKT:MAGGet Free Report) were up 2.6% on Thursday . The stock traded as high as $15.10 and last traded at $15.05. Approximately 694,838 shares traded hands during trading, The stock had previously closed at $14.66.

MAG Silver Price Performance

The stock’s fifty day moving average is $15.22 and its 200-day moving average is $15.06. The stock has a market capitalization of $1.54 billion, a PE ratio of 20.97 and a beta of 1.01.

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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