Larry Taddei Sells 14,200 Shares of MAG Silver Corp (TSE:MAG) Stock

MAG Silver Corp (TSE:MAG) (NYSEAMERICAN:MAG) Senior Officer Larry Taddei sold 14,200 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of C$16.50, for a total value of C$234,300.00. Following the sale, the insider now owns 96,530 shares in the company, valued at C$1,592,745.

Larry Taddei also recently made the following trade(s):

  • On Monday, June 3rd, Larry Taddei sold 25,000 shares of MAG Silver stock. The shares were sold at an average price of C$14.12, for a total value of C$353,000.00.

Shares of MAG stock traded up C$0.78 during trading on Friday, hitting C$16.55. The company had a trading volume of 323,700 shares, compared to its average volume of 199,959. The company has a quick ratio of 250.21, a current ratio of 251.72 and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average is C$14.97 and its two-hundred day moving average is C$13.73. The stock has a market capitalization of $1.43 billion and a price-to-earnings ratio of -306.48. MAG Silver Corp has a 52 week low of C$8.10 and a 52 week high of C$17.15.

Separately, Pi Financial upped their price target on MAG Silver from C$19.00 to C$19.50 in a research report on Wednesday, July 24th.

About MAG Silver

MAG Silver Corp. focuses on acquiring, exploring, and development of mineral properties in Canada. It explores for copper, gold, silver, lead, and zinc deposits. The company primarily holds interests in the Juanicipio property covering 7,679 hectares located in the Fresnillo District, Zacatecas State, Mexico.

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