MAG Silver Corp (TSE:MAG) (NYSE:MAG) had its target price dropped by National Bank Financial from C$27.00 to C$23.00 in a research note issued on Wednesday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 58.40% from the stock’s previous close.

Shares of MAG Silver Corp (TSE:MAG) opened at C$14.52 on Wednesday. MAG Silver Corp has a 1-year low of C$12.75 and a 1-year high of C$21.99.

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MAG Silver Corp Company Profile

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.

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