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Roth Capital upgraded MAG Silver (NASDAQ:MAG) from Neutral to Buy in a report released today.

Roth Capital has upgraded MAG Silver (NASDAQ:MAG) from Neutral to Buy in a report released on 10/04/2016.

Just yesterday MAG Silver (NASDAQ:MAG) traded -8.87% lower at $15.45. MAG Silver’s 50-day moving average is $16.00 and its 200-day moving average is $13.71. The last stock price is up 2.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 84,590 shares of MAG traded hands, down from an average trading volume of 122,641

Recent Performance Chart

MAG Silver (NASDAQ:MAG)

MAG Silver has 52 week low of $6.12 and a 52 week high of $18.12 and has a market capitalization of $0.

Brief Synopsis On MAG Silver (NASDAQ:MAG)

Magnetek, Inc. (Magnetek) is a provider of digital power control systems that are used to control motion and power in material handling, elevator and mining applications. The Company's products are sold directly or through manufacturers' representatives to original equipment manufacturers (OEMs) for incorporation into their products, to system integrators and value-added resellers for assembly and incorporation into end-user systems, to distributors for resale to OEMs and contractors, and to end users for repair and replacement purposes. The Company's brand names include Telemotive, Electromotive Systems, OmniPulse, IMPULSE, Enrange, Mondel, M-FORCE and Quattro, among others. Magnetek is a provider of power control and delivery systems and solutions for overhead material handling applications used in a number of diverse industries, including aerospace, automotive, steel, aluminum, paper, logging, mining, ship loading, nuclear power plants, and heavy movable structures.

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