The price of MAG Silver Corp. (AMEX: MAG) closed at $12.65 in the last session, up 3.60% from day before closing price of $12.21. In other words, the price has increased by $+0.44 from its previous closing price. On the day, 1590146 shares were traded.
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 1.29B and an Enterprise Value of 1.23B. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.81, and their Forward P/E ratio for the next fiscal year is 19.86.
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 9.41, while the 200-Day Moving Average is calculated to be 10.41.
Shares Statistics:
According to the various share statistics, MAG traded on average about 820.49K shares per day over the past 3-months and 1.73M shares per day over the past 10 days. A total of 102.97M shares are outstanding, with a floating share count of 92.69M. Insiders hold about 10.00% of the company’s shares, while institutions hold 59.82% stake in the company. Shares short for MAG as of Mar 15, 2024 were 2.84M with a Short Ratio of 3.46, compared to 3.06M on Feb 15, 2024.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.02, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.12, with high estimates of $0.17 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.63 and $0.17 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $0.61, with 5 analysts recommending between $1.12 and $0.42.
