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:

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.

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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.

Insider Buying and Selling by Quarter for MAG Silver Corp (NYSE:MAG)

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