Gaining Ground: MAG Silver Corp (MAG) Closes Lower at 18.46, Down -0.91

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The price of MAG Silver Corp (AMEX: MAG) closed at $18.46 in the last session, down -0.91% from day before closing price of $18.63. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 0.9 million shares were traded.

Ratios:

We take a closer look at MAG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 173.62. For the most recent quarter (mrq), Quick Ratio is recorded 7.35 and its Current Ratio is at 7.35. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On October 24, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $17 to $17.50.

Valuation Measures:

As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.99, and their Forward P/E ratio for the next fiscal year is 22.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.63.

Stock Price History:

Over the past 52 weeks, MAG has reached a high of $18.98, while it has fallen to a 52-week low of $11.18. The 50-Day Moving Average of the stock is 16.94%, while the 200-Day Moving Average is calculated to be 23.02%.

Shares Statistics:

A total of 103.46M shares are outstanding, with a floating share count of 93.13M. Insiders hold about 9.98% of the company’s shares, while institutions hold 59.66% stake in the company.

Earnings Estimates

The performance of MAG Silver Corp (MAG) in the stock market is under the watchful eye of 4.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.25, with high estimates of $0.33 and low estimates of $0.19.

Analysts are recommending an EPS of between $1.22 and $0.86 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $0.82, with 9.0 analysts recommending between $1.16 and $0.55.

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