End of Month - September 2020End of Month Report for September 2020, for MAG Silver Corp.
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MAG closed on 09/31/2020 at US$16.25
MAG closed on 08/31/2020 at US$16.93
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This is a loss of 4.0%, or 67-cents, for September.
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Indexes
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Junior Gold Miners ETF [GDXJ], @ US$55.36, lost 8.0% in September. [21.0% above its MA(200) @ $45.67]
Gold, @ US$1,895.50 lost 4.2%, or US$83.10, in September. [9.4% above its MA(200) @ $1,732.01]
Silver, @ US$23.49, lost 17.8%, or US$5.10, in September [21.8% above its MA(200) @ $19.29]
S&P 500 Index, @ 3363.0 lost 3.9% in September. [8.1% above its MA(200) @ 3110.0]
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Two Hundred Day Moving Average [MA(200)] stuff.
MAG’s MA(200) ended September at $12.40
MAG is 31.1% above its MA(200).
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News Release in September.
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September 10, 2020
MAG Silver Announces Agreement To Acquire 100% Of The Consolidated Silver-Rich Deer Trail Project In Utah - Phase I Drilling To Begin In October
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September 8, 2020
MAG Silver Completes US$50M ATM
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Who is the Big Cheese at MAG?
George Paspalas, President & CEO, Director
Jonathan Rubenstein, Chair of the Board, Independent Director.
RJ