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MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

Metals & Mining Silver
MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development 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. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp.


TSX:MAG - Post by User

MAG SILVER CORP. > Not a Bad day today
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Comment by Speedyg5344on Jul 16, 2024 7:59pm
66 Views
Post# 36135838

RE:RE:Not a Bad day today

RE:RE:Not a Bad day today In 2 months it's gone from 19 (May 17) to 16 (June 28)and now back to 19.Not sure i would describe that as parabolic
Some of the technical indicators are over bought but some are not.Daily RSI is 72 which is close to but not yet overbought..If silver does not retreat, i see no reason for the share price to retreat.Silver is certainly not over bought.Daily RSI is 61
A good Q2 production or earnings report or silver breaking thru 32 should takes us to low to mid 20s.
The drem is for silver to set an ATH.
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