Somewhat Favorable Media Coverage Somewhat Unlikely to Affect MAG Silver Corp (MAG) Share Price
News headlines about MAG Silver Corp (NYSE:MAG) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MAG Silver Corp earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media coverage about the industrial goods maker an impact score of 46.5964849298443 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Short Interest in MAG Silver Corp (NYSE:MAG) Declines By 11.1% (americanbankingnews.com)
- Plancorp LLC Has $851000 Position in Pan American Silver Corp. (PAAS) (elcumanes.com)
- MAG Silver Corp (MAG) EPS Estimated At $ (bulhufas.com)
- Pan American Silver Corp. (NASDAQ:PAAS) Shares Sold by JPMorgan Chase & Co (campdesrecrues.com)
MAG Silver Corp (MAG) opened at 12.81 on Friday. The stock’s market cap is $1.03 billion. The company has a 50-day moving average of $12.99 and a 200 day moving average of $13.30. MAG Silver Corp has a 1-year low of $9.50 and a 1-year high of $18.12.
Several equities research analysts have recently weighed in on MAG shares. BMO Capital Markets raised shares of MAG Silver Corp from a “market perform” rating to an “outperform” rating and reduced their target price for the company from $18.00 to $9.50 in a research note on Friday, May 26th. Zacks Investment Research raised shares of MAG Silver Corp from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research note on Wednesday, July 19th. Two analysts have rated the stock with a hold rating, five have given a buy rating and three have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $15.25.
ILLEGAL ACTIVITY NOTICE: This report was first published by Daily Political and is the property of of Daily Political. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/08/13/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-mag-silver-corp-mag-share-price.html.
About MAG Silver Corp
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.
Receive News & Ratings for MAG Silver Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver Corp and related companies with MarketBeat.com's FREE daily email newsletter.