MAG Silver Shares Have Run Too Far In The Face Of A Falling Silver Price
- MAG Silver is a great company with an outstanding silver project--Juanicipio--in Mexico, but the shares have run to far in the face of a falling silver price. .
- A DCF analysis shows that the stock should trade at about 2/3 of its current price. if we stress test the company's assumptions. .
- However the problem is solely one of valuation, there are numerous reasons to like this company, and maybe even pay a premium--but not this much. .
- I am a past shareholder who took profits and who's looking to get back in at lower prices.