As well, an expanded exploration program is in place at Juanicipio on multiple highly prospective targets.Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management.This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995. © 2020 Verizon Media. Dr. Megaw has a Ph.D. in geology and more than 38 years of relevant experience focused on Carbonate Replacement Deposits worldwide. Taking a look at stock we notice that its last check on previous day was $2.45 and... Exelon Corporation (NASDAQ:EXC) in recent session today was buoying at a fall of -0.85% from its closing price on previous day. We expect to be here for some time.”Fall 2020 Phase I Drill ProgramA fully permitted 6,500-meter Phase I surface drilling program is set to start in early October 2020. The RSI (14) is pointing at 63.3 while the volatility over the past week is 4.4% and jumps to 5.85% over the past one month. Dr. Megaw is satisfied that the results are verified based on an inspection of the core and underground exposures, a review of the sampling procedures, the credentials of the professionals completing the work and the visual nature of the silver and base metal sulphides within a district where he is familiar with the style and continuity of mineralization. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter. This potentially favorable limestone sequence is estimated to lie less than 200 meters vertically below the deepest historical Deer Trail mine drill holes. Want to see which stocks are moving? MarketBeat's community ratings are surveys of what our community members think about MAG Silver and other stocks. Its principal focus and asset is the Juanicipio Project (44%), being developed in a joint venture with Fresnillo (56%).

Contact Michael J. Curlook, VP Investor Relations and Communications Phone: (604) 630-1399 Website: Toll Free: (866) 630-1399 Email: In addition, forward-looking statements are subject to various risks, including that data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. 2 brokerages have issued 1-year price targets for MAG Silver's shares.

Earnings for MAG Silver are expected to grow in the coming year, from ($0.11) to $0.65 per share. A deep-looking underground 2-D seismic survey (proven to work through a successful trial survey) is planned for September 2020 and should help map out the favorable host rocks at depth, trace the major mineralization feeder structures and possibly directly detect massive sulfide mineralization. All statements in this release, other than statements of historical facts are forward looking statements, including statements that address future mineral production, reserve potential, exploration drilling, exploitation activities and events or developments. Vote “Outperform” if you believe MAG will outperform the S&P 500 over the long term. Surface mapping and sampling over this area and other suspected porphyry alteration zones are in progress. MAG Silver Corp. (NYSE:MAG) traded at $18.43 at last check on Friday, Oct 09, making an upward move of 8.28% on its previous day’s price. The company’s stock has gained about 16.35% over that past 30 days. Receive a free world-class investing education from MarketBeat. Posted by Sarita Garza on Oct 20th, 2020 // Comments off. Vote “Underperform” if you believe MAG will underperform the S&P 500 over the long term. On average, they anticipate MAG Silver's share price to reach $19.50 in the next twelve months. Shares of MAG opened at C$23.27 on Tuesday. MAG’s model suggests that these inferred intrusions are the source for continuous mineralization traceable to (and from) the Deer Trail mine CRD mineralization. The Juanicipio Joint Venture is currently constructing and developing the surface and underground infrastructure on the property to support a 4,000 tonnes per day mining operation, with the operational expertise of Fresnillo, the project operator. Find the latest MAG Silver Corporation (MAG) stock quote, history, news and other vital information to help you with your stock trading and investing. The reader is referred to the MAG Silver’s filings with the SEC and Canadian securities regulators for disclosure regarding these and other risk factors. Return.

MAG Silver has received a consensus rating of Buy.

MAG is the Project Operator and has the right to earn a 100% interest in the company and the Deer Trail Project, with the Parties retaining a 2% NSR.

The company has a 12-month trailing PE ratio of 0. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. VANCOUVER, British Columbia, Sept. 10, 2020 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) announces an Agreement to consolidate and acquire 100% of the silver-rich Deer Trail Carbonate Replacement Deposit “CRD” project in Piute County, Utah (the “Deer Trail Project” or “Project”). 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 527%. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. This is important not only because it may be an economic Porphyry Copper/Molybdenum deposit in its own right, but because it helps define an exploration corridor carrying continuous mineralization from the porphyry through mineralized skarn to the inferred extensive high-grade replacement mineralization of Focus 1 above. Mine Safety and Health Administration (MSHA) certified underground workings; and an active mining permit. Trace the identified steeply-dipping feeder structures to depth into these limestones. MAG is following protocol guidance from governmental public health agencies and to date, no MAG employees or contractors at the Deer Trail Project site have tested positive for COVID-19.About Deer TrailThe Deer Trail CRD was intermittently mined for high-grade silver, gold, lead, zinc and copper sulfides until 1985 when the mine closed leaving faces in massive sulfide.
Marvell Technology Group Ltd. (NASDAQ:MRVL) in recent session today was buoying at a rise of 0.08% from its closing price on previous day. MAG Silver employs 8 workers across the globe. He is a Certified Professional Geologist (CPG 10227) by the American Institute of Professional Geologists and an Arizona Registered Geologist (ARG 21613). About MAG Silver Corp.MAG Silver Corp. is a Canadian advanced stage development and exploration company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Is VBI Vaccines Inc. (NASDAQ:VBIV) Still A Hot Buy?

Results will be combined with existing geophysics and the few historic drill holes targeting these areas to improve understanding of these centres and guide Phase II drilling.Qualified Persons: Dr. Peter Megaw, Ph.D., C.P.G., and Lyle Hansen, M.Sc., P.Geo have acted as the Qualified Persons as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release. Why buying the MAG Silver Corp. (NYSE:MAG) Stock Today Might Make Sense, What You Missed About AIkido Pharma Inc. (NASDAQ:AIKI) Stock This Week. Galapagos’ (GLPG) “Neutral” Rating Reaffirmed at UBS Group, WELL Health Technologies (OTCMKTS:WLYYF) Short Interest Up 31.1% in September, Fulton Breakefield Broenniman LLC Has $1.16 Million Holdings in Netflix, Inc. (NASDAQ:NFLX), Biogen (NASDAQ:BIIB) Receives Buy Rating from HC Wainwright, Biogen (NASDAQ:BIIB) Price Target Cut to $265.00, Oppenheimer Cuts Biogen (NASDAQ:BIIB) Price Target to $340.00, Chipotle Mexican Grill (NYSE:CMG) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS, Dearborn Partners LLC Has $1.78 Million Stock Holdings in Intel Co. (NASDAQ:INTC), Nelson Van Denburg & Campbell Wealth Management Group LLC Boosts Stake in Intel Co. (NASDAQ:INTC), The Procter & Gamble (NYSE:PG) Releases Earnings Results, Beats Expectations By $0.21 EPS, Brokers Offer Predictions for Crown Holdings, Inc.’s FY2020 Earnings (NYSE:CCK), Nelson Van Denburg & Campbell Wealth Management Group LLC Decreases Stake in Verizon Communications Inc. (NYSE:VZ), Verizon Communications Inc. (NYSE:VZ) Position Reduced by BLB&B Advisors LLC, One Charles Private Wealth Services LLC Has $355,000 Stake in Verizon Communications Inc. (NYSE:VZ), Dearborn Partners LLC Cuts Stake in Pfizer Inc. (NYSE:PFE), Globe Life (NYSE:GL) Issues Quarterly Earnings Results, Pfizer Inc. (NYSE:PFE) Shares Sold by Fulton Breakefield Broenniman LLC, Align Technology (NASDAQ:ALGN) PT Raised to $400.00, Align Technology (NASDAQ:ALGN) Price Target Raised to $432.00, Jefferies Financial Group Raises Align Technology (NASDAQ:ALGN) Price Target to $450.00, Fulton Breakefield Broenniman LLC Sells 583 Shares of U.S. Bancorp (NYSE:USB), Xilinx (NASDAQ:XLNX) Announces Earnings Results, Beats Estimates By $0.06 EPS, How to interpret Moving Average Convergence Divergence (MACD),'s FREE daily email newsletter. MAG Silver has a large development project (Juanicipio) in Mexico.

MAG’s two-fold exploration strategy works both ends against the middle. Initial drill pads are permitted and drilling is planned for early October, 2020.“Deer Trail has been on my exploration radar since 1982, as it displays the most important characteristics of a large Porphyry-related CRD system.
These price ends are -6.29% and +35.65% off the current price level respectively, although investors could be excited at the prospect of a +10.31% if the MAG share price touches on the median price of $20.33. ), MAG Silver has received 0 “underperform” votes.

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