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After finishing at $16.60 in the prior trading day, MAG Silver Corp (AMEX: MAG) closed at $15.80, down -4.82%. In other words, the price has decreased by -$4.82 from its previous closing price. On the day, 1.03 million shares were traded. MAG stock price reached its highest trading level at $16.58 during the session, while it also had its lowest trading level at $15.78.
Ratios:
Our goal is to gain a better understanding of MAG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.02. For the most recent quarter (mrq), Quick Ratio is recorded 32.55 and its Current Ratio is at 32.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on October 24, 2024, Downgraded its rating to Neutral and sets its target price to $17.50 from $17 previously.
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 1716828032 and an Enterprise Value of 1518798848. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.00, and their Forward P/E ratio for the next fiscal year is 17.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20.
Stock Price History:
The Beta on a monthly basis for MAG is 0.96, which has changed by 0.70626354 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, MAG has reached a high of $18.27, while it has fallen to a 52-week low of $8.94. The 50-Day Moving Average of the stock is 2.05%, while the 200-Day Moving Average is calculated to be 9.36%.
Shares Statistics:
The stock has traded on average 581.06K shares per day over the past 3-months and 687550 shares per day over the last 10 days, according to various share statistics. A total of 103.31M shares are outstanding, with a floating share count of 93.01M. Insiders hold about 9.97% of the company’s shares, while institutions hold 56.61% stake in the company. Shares short for MAG as of 1740700800 were 2251501 with a Short Ratio of 3.87, compared to 1738281600 on 2540702.
