Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
MAG Silver Corp. (AMEX: MAG) closed the day trading at $11.84 down -4.52% from the previous closing price of $12.40. In other words, the price has decreased by $-4.52 from its previous closing price. On the day, 1.07 million shares were traded. MAG stock price reached its highest trading level at $12.11 during the session, while it also had its lowest trading level at $11.58.
Ratios:
For a better understanding of MAG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.04 and its Current Ratio is at 15.04. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAG now has a Market Capitalization of 1219283200 and an Enterprise Value of 1150724992. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.09, and their Forward P/E ratio for the next fiscal year is 17.47.
Stock Price History:
The Beta on a monthly basis for MAG is 1.11, which has changed by -0.076443076 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, MAG has reached a high of $13.62, while it has fallen to a 52-week low of $8.19. The 50-Day Moving Average of the stock is 19.90%, while the 200-Day Moving Average is calculated to be 13.27%.
Shares Statistics:
Over the past 3-months, MAG traded about 911.50K shares per day on average, while over the past 10 days, MAG traded about 1219150 shares per day. A total of 102.97M shares are outstanding, with a floating share count of 92.68M. Insiders hold about 10.00% of the company’s shares, while institutions hold 60.68% stake in the company. Shares short for MAG as of 1711584000 were 2841761 with a Short Ratio of 3.12, compared to 1709164800 on 2718968.
Earnings Estimates
At present, 5 analysts are actively evaluating the performance of MAG Silver Corp. (MAG) in the stock market.On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.1, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.13, with high estimates of $0.17 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.64 and $0.27 for the fiscal current year, implying an average EPS of $0.47. EPS for the following year is $0.61, with 5 analysts recommending between $1.12 and $0.45.
