Michael John Curlook Purchases 22,000 Shares of MAG Silver Corp (MAG) Stock

MAG Silver Corp (TSE:MAG) (NYSEAMERICAN:MAG) insider Michael John Curlook bought 22,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were purchased at an average cost of C$13.80 per share, with a total value of C$303,600.00.

Michael John Curlook also recently made the following trade(s):

  • On Thursday, November 23rd, Michael John Curlook bought 5,500 shares of MAG Silver stock. The shares were purchased at an average cost of C$14.10 per share, with a total value of C$77,550.00.

MAG Silver Corp (TSE MAG) traded down C$0.11 during trading on Friday, hitting C$13.56. The company had a trading volume of 157,615 shares, compared to its average volume of 235,090. MAG Silver Corp has a 12-month low of C$12.75 and a 12-month high of C$21.99.

A number of equities research analysts recently commented on the company. National Bank Financial decreased their target price on MAG Silver from C$23.00 to C$21.00 and set an “outperform” rating for the company in a report on Wednesday. Scotiabank decreased their target price on MAG Silver from C$20.00 to C$19.00 and set an “outperform” rating for the company in a report on Wednesday, November 15th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of MAG Silver in a report on Wednesday, November 8th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. MAG Silver presently has a consensus rating of “Buy” and an average price target of C$22.83.

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MAG Silver 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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