Today it was reported that the Chief Financial Officer of MAG Silver (MAG), Larry Taddei, exercised options to sell 7,100 MAG shares for a total transaction value of $166.9K.
Following Larry Taddei’s last MAG Sell transaction on September 23, 2020, the stock climbed by 3.3%. In addition to Larry Taddei, one other MAG executive reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
The company has a one-year high of $18.99 and a one-year low of $3.84. Currently, MAG Silver has an average volume of 318.19K.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $20.55, reflecting a -11.3% downside.
The insider sentiment on MAG Silver has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
MAG Silver Corp. engages in the exploration, acquisition, and development of mineral properties. It focuses on silver projects located in the Mexican Silver Belt including Juanicipio and Cinco de Mayo in Mexico. The company was founded on April 21, 1999 and is headquartered in Vancouver, Canada.