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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, MAG Silver Corp (AMEX: MAG) closed at $16.17 down -2.30% from its previous closing price of $16.55. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 0.99 million shares were traded. MAG stock price reached its highest trading level at $16.36 during the session, while it also had its lowest trading level at $14.8.
Ratios:
For a deeper understanding of MAG Silver Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 28.03 and its Current Ratio is at 28.03. 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 1679416192 and an Enterprise Value of 1571122048. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.42, and their Forward P/E ratio for the next fiscal year is 18.46.
Stock Price History:
Over the past 52 weeks, MAG has reached a high of $18.27, while it has fallen to a 52-week low of $8.19. The 50-Day Moving Average of the stock is 7.62%, while the 200-Day Moving Average is calculated to be 29.98%.
Shares Statistics:
For the past three months, MAG has traded an average of 620.23K shares per day and 781460 over the past ten days. A total of 102.97M shares are outstanding, with a floating share count of 92.83M. Insiders hold about 10.00% of the company’s shares, while institutions hold 61.22% stake in the company. Shares short for MAG as of 1728950400 were 2640975 with a Short Ratio of 4.26, compared to 1726185600 on 2905543.
