Mason Hill Advisors Lowers stake in MAG SILVER CORP COM (MAG)

MAG SILVER CORP COM (MAG) : Mason Hill Advisors reduced its stake in MAG SILVER CORP COM by 18.95% during the most recent quarter end. The investment management company now holds a total of 3,702,375 shares of MAG SILVER CORP COM which is valued at $61,792,639 after selling 865,476 shares in MAG SILVER CORP COM , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.MAG SILVER CORP COM makes up approximately 32.75% of Mason Hill Advisors’s portfolio.

Other Hedge Funds, Including , Van Eck Associates Corp boosted its stake in MAG in the latest quarter, The investment management firm added 1,024,031 additional shares and now holds a total of 5,543,076 shares of MAG SILVER CORP COM which is valued at $92,513,938. MAG SILVER CORP COM makes up approx 0.43% of Van Eck Associates Corp’s portfolio.Credit Suisse Ag reduced its stake in MAG by selling 4,434 shares or 10.9% in the most recent quarter. The Hedge Fund company now holds 36,240 shares of MAG which is valued at $604,846.Tower Research Capital (trc) reduced its stake in MAG by selling 800 shares or 61.54% in the most recent quarter. The Hedge Fund company now holds 500 shares of MAG which is valued at $8,345.

MAG SILVER CORP COM opened for trading at $15.42 and hit $16.08 on the upside on Monday, eventually ending the session at $15.85, with a gain of 1.02% or 0.16 points. The heightened volatility saw the trading volume jump to 1,51,846 shares. Company has a market cap of $1,271 M.

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