MAG Silver Breaks Below 200-Day Moving Average - Notable for MVG

In trading on Monday, shares of MAG Silver Corp (MVG) crossed below their 200 day moving average of $7.67, changing hands as low as $7.55 per share. MAG Silver Corp shares are currently trading down about 5.7% on the day. The chart below shows the one year performance of MVG shares, versus its 200 day moving average:

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MAG Silver Corp 200 Day Moving Average Chart

Looking at the chart above, MVG's low point in its 52 week range is $4.87 per share, with $10.64 as the 52 week high point — that compares with a last trade of $7.60.

According to the ETF Finder at ETF Channel, MVG makes up 3.57% of the Silver Miners ETF ( SIL) which is trading lower by about 4% on the day Monday.

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