For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, MAG Silver Corp (AMEX: MAG) closed at $21.18 down -0.09% from its previous closing price of $21.2. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 0.55 million shares were traded. MAG stock price reached its highest trading level at $21.2 during the session, while it also had its lowest trading level at $20.95.
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 14.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 199.21. 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.
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 2194883328 and an Enterprise Value of 2037165696. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.08, and their Forward P/E ratio for the next fiscal year is 23.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 70.84.
Stock Price History:
The Beta on a monthly basis for MAG is 0.70, which has changed by 0.54598546 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, MAG has reached a high of $22.66, while it has fallen to a 52-week low of $11.18. The 50-Day Moving Average of the stock is 2.04%, while the 200-Day Moving Average is calculated to be 26.56%.
Shares Statistics:
For the past three months, MAG has traded an average of 2.00M shares per day and 813900 over the past ten days. A total of 103.46M shares are outstanding, with a floating share count of 100.08M. Insiders hold about 3.27% of the company’s shares, while institutions hold 58.05% stake in the company. Shares short for MAG as of 1752537600 were 1984862 with a Short Ratio of 0.99, compared to 1749772800 on 2104687. Therefore, it implies a Short% of Shares Outstanding of 1984862 and a Short% of Float of 1.9299999.
Dividends & Splits
According to the company, the forward annual dividend rate for MAG is 0.20, from 0.18 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008490566
