Magnetek Inc Stock News

VANCOUVER – MAG Silver Corp. [MAG-TSX, NYSE American] signed a definitive arrangement agreement to acquire all of the issued and outstanding common shares of Gatling Exploration Inc. [GTA-TSXV; GATGF-OTCQB] in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 of a common share of MAG Silver for each share of Gatling…

Shares in Gatling shot up 37% following news of its acquisition by MAG.

(Kitco News) - Gatling Exploration (TSXV: GTR) reported Friday that it has entered into an arrangement agreement dated March 10, 2022 with MAG Silver Corp. (TSX: MAG).

MAG Silver (MAG) agrees to acquire Gatling Exploration (GATGF) in an all-stock deal that values Gatling at ~C$0.40/share, representing a 47.4% premium based on the five-day volume…

MAG Silver Corporation found using ticker (MAG) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 28.5 and 16.23 with the average target price sitting at 22.83. With the stocks previous close at 18.41 this would indicate that there is a potential upside of 24.0%. The 50 day MA is 15.5 while the 200 day moving average is 18.04. The market capitalisation for the company is $1,824m. You can visit the company''s website by visiting: https://www.magsilver.com [stock_market_widget type="chart" template="basic" color="green" assets=MAG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,262m based on the market concensus. MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico.

MAG Silver Corporation found using ticker (MAG) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 28.5 and 18.7 calculating the average target price we see 24.05. Now with the previous closing price of 15.85 this is indicating there is a potential upside of 51.7%. The 50 day moving average now sits at 15.14 and the 200 day MA is 18.22. The company has a market cap of $1,567m. Find out more information at: https://www.magsilver.com [stock_market_widget type="chart" symbol="MAG" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $2,377m based on the market concensus. MAG Silver Corp. engages in the exploration and development of silver mining properties. It also explores for gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

MAG Silver Corp. (MAG) shares closed 0.4% lower than its previous 52 week low, giving the company a market cap of $1B. The stock is currently down 13.3% year-to-date, down 18.8% over the past 12 months, and down 1.5% over the past five years. This week, the Dow Jones Industrial Average fell 1.6%, and the S&P 500 fell 3.5%. Trading Activity Trading volume this week was 82.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 222.1% The company's stock price performance over the past 12 months lags the peer average by -495.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

MAG Silver Corp. (MAG) shares closed 3.3% lower than its previous 52 week low, giving the company a market cap of $1B. The stock is currently down 8.9% year-to-date, down 21.2% over the past 12 months, and up 6.7% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 4.1%. Trading Activity Trading volume this week was 28.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 237.1% The company's stock price performance over the past 12 months lags the peer average by -731.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

MAG Silver Corp. (MAG) shares closed today at 1.6% above its 52 week low of $14.05, giving the company a market cap of $1B. The stock is currently down 6.8% year-to-date, down 18.9% over the past 12 months, and up 6.5% over the past five years. This week, the Dow Jones Industrial Average fell 3.0%, and the S&P 500 fell 4.8%. Trading Activity Trading volume this week was 19.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 528.0% The company's stock price performance over the past 12 months lags the peer average by -452.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Banque Cantonale Vaudoise boosted its stake in MAG Silver Corp. (NYSEAMERICAN:MAG) by 1.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,930 shares of the companys stock after acquiring an additional 625 shares during the period. Banque Cantonale Vaudoises holdings in MAG Silver []

MAG Silver Corp. (NYSEAMERICAN:MAG) shares traded up 7.1% during mid-day trading on Thursday . The company traded as high as $15.97 and last traded at $15.92. 23,520 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 568,080 shares. The stock had previously closed at $14.86. A number of []

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$22.56 and traded as low as C$18.73. MAG Silver shares last traded at C$19.28, with a volume of 390,300 shares trading hands. Several brokerages have recently commented on []

Morgan Stanley lifted its holdings in MAG Silver Corp. (NYSEAMERICAN:MAG) by 57.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,955 shares of the companys stock after buying an additional 67,585 shares during the quarter. Morgan Stanley owned approximately 0.20% of MAG []

TD Securities upgraded shares of MAG Silver (TSE:MAG) (NYSEAMERICAN:MAG) from a hold rating to a buy rating in a report released on Monday morning, Analyst Price Targets reports. The brokerage currently has C$28.00 target price on the stock. Other equities analysts also recently issued research reports about the company. CIBC decreased their price objective on [] The post MAG Silver (TSE:MAG) Upgraded at TD Securities appeared first on ETF Daily News .

MAG Silver Corp. (TSE:MAG) (NYSEAMERICAN:MAG) Senior Officer Peter Megaw sold 30,555 shares of MAG Silver stock in a transaction on Monday, December 6th. The stock was sold at an average price of C$19.09, for a total value of C$583,304.12. Following the completion of the transaction, the insider now owns 16,722 shares in the company, valued []