Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, MAG Silver Corp (AMEX: MAG) closed at $22.92 down -0.99% from its previous closing price of $23.15. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 1.51 million shares were traded. MAG stock price reached its highest trading level at $23.1 during the session, while it also had its lowest trading level at $22.41.
Ratios:
For a deeper understanding of MAG Silver Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.52. For the most recent quarter (mrq), Quick Ratio is recorded 44.26 and its Current Ratio is at 44.26. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
ROTH MKM Downgraded its Buy to Neutral on October 24, 2024, whereas the target price for the stock was revised from $17 to $17.50.
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 2377835520 and an Enterprise Value of 2202387456. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.11, and their Forward P/E ratio for the next fiscal year is 25.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 85.58.
Stock Price History:
The Beta on a monthly basis for MAG is 0.72, which has changed by 0.83801126 over the last 52 weeks, in comparison to a change of 0.17279088 over the same period for the S&P500. Over the past 52 weeks, MAG has reached a high of $23.25, while it has fallen to a 52-week low of $11.60. The 50-Day Moving Average of the stock is 7.47%, while the 200-Day Moving Average is calculated to be 34.83%.
Shares Statistics:
For the past three months, MAG has traded an average of 2.05M shares per day and 1214480 over the past ten days. A total of 103.58M shares are outstanding, with a floating share count of 100.08M. Insiders hold about 3.27% of the company’s shares, while institutions hold 60.17% stake in the company. Shares short for MAG as of 1753920000 were 1678410 with a Short Ratio of 0.97, compared to 1751241600 on 1681070. Therefore, it implies a Short% of Shares Outstanding of 1678410 and a Short% of Float of 1.63.
Dividends & Splits
According to the company, the forward annual dividend rate for MAG is 0.20, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of MAG Silver Corp (MAG) in the stock market is under the watchful eye of 2.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.26, with high estimates of $0.27 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.12 and $1.12 for the fiscal current year, implying an average EPS of $1.12. EPS for the following year is $0.8, with 7.0 analysts recommending between $0.96 and $0.59.
