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down 0.85 %

MAG SILVER CORP (MVG) rated Outperform by Raymond James

Posted on: Thursday,  Sep 19, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform MAG SILVER CORP (AMEX: MVG) on 09/19/2013, when the stock price was $6.98. Since
then, MAG SILVER CORP has lost 0.86% as of 08/27/2015's recent price of $6.92.
If you would have followed this Raymond James's recommendation on MVG, you would have lost 0.85% of your investment in 707 days.

MAG Silver Corp. (MAG) is engaged in the mineral acquisition, exploration and development business. As of December 31, 2008, the Company was in the exploration-stage. The Company?s property interests are located in Mexico. MAG?s two properties include its 44% joint venture interest in the Juanicipio property and the 100% owned Cinco de Mayo property. The Company?s subsidiary, Minera Los Lagartos, S.A. DE C. V. (Lagartos) is the owner of a 44% interest in Minera Juanicipio, S.A. DE C.V. (Minera Juanicipio) and Fresnillo plc (Fresnillo).

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2013 8:25 AM Buy
as of 12/13/2013
1 Week up  1.75 %
1 Month down  -0.19 %
3 Months down  -25.21 %
1 YTD down  -25.21 %

(*) Stock Price at the time of the recommendation.
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