On 3/19/2024, MAG Silver (MAG) reported earnings of $0.14 per share on revenue of $0.00 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.13 per share on revenue of $211.35 million.
Mag has finally achieved commercial production on their giant silver project .. It's been a long road and i've been following this story forever . They finally started producing silver this month . Figure they are worth adding more shares to my collection now .
MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.
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Seeing a head and shoulders pattern...this could potentially go lower towards the 1.618 ($14ish) levels before it goes up (on the weekly/monthly chart)...However, on the 2/4 hour chart it looks to have double bottomed out...
Watching for a solid entry...perhaps around $14ish...if not around $17.20
1st Target: $22
2nd Target: $27
I have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. MAG Silver had a bullish trend on daily and weekly MAC. MAG Silver a an excellent way to bet on a rebound in silver - they have a world class mine in Mexico. Weekly MAC buy at the bottom of the channel $17.70 (sell at top of the...
Hello traders, MAG SILVER CORP is in a fake bullish composition with large past volume and a turning point with larger shadow from sellers. Leaning over the TIMEFREME M1 we observed a dash with an executed purchase volume feedback, it goes towards the top of the comfort zone to re-test it. It is very plausible to breakout the price then at the same time the zone...
MAG Silver Corp is setting up a possible nice breakout trade from the $18 level. The stock closed at an ATH on Friday and well above that $18 critical level that was tested back in 2016 and 2007. Notice the bear trap on 09/23 with the stock closing below rectangle support for one day only to rally the next day. This bear trap, I believe, will end up pushing the...
MAG is a Canadian Silver Company operating in Mexico. I've been looking for another silver stock to own beside FVI. This stock has hit what appears to be a double bottom while it has been consolidating.
My preferred indicators are rising and perhaps there will be an uptick tomorrow. If it surpasses resistance around the mid $18.00 +/- range I'm looking for a...
