The price of MAG Silver Corp. (AMEX: MAG) closed at $9.26 in the last session, down -3.14% from day before closing price of $9.56. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 1290466 shares were traded. MAG stock price reached its highest trading level at $9.81 during the session, while it also had its lowest trading level at $9.23.
Ratios:
We take a closer look at MAG’s different ratios to gain a better understanding of the stock. 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 950.56M and an Enterprise Value of 892.21M. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.62, and their Forward P/E ratio for the next fiscal year is 12.56.
Stock Price History:
Over the past 52 weeks, MAG has reached a high of $14.42, while it has fallen to a 52-week low of $8.19. The 50-Day Moving Average of the stock is 9.02, while the 200-Day Moving Average is calculated to be 10.48.
Shares Statistics:
According to the various share statistics, MAG traded on average about 644.37K shares per day over the past 3-months and 845.6k shares per day over the past 10 days. A total of 102.97M shares are outstanding, with a floating share count of 92.66M. Insiders hold about 10.00% of the company’s shares, while institutions hold 59.14% stake in the company. Shares short for MAG as of Feb 29, 2024 were 2.72M with a Short Ratio of 4.22, compared to 2.6M on Jan 31, 2024.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.07, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.12, with high estimates of $0.22 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.81 and $0.32 for the fiscal current year, implying an average EPS of $0.51. EPS for the following year is $0.75, with 5 analysts recommending between $1.64 and $0.45.
