Market Recap Check: MAG Silver Corp. (MAG)’s Positive Finish at 12.64, Up/Down 2.93

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The price of MAG Silver Corp. (AMEX: MAG) closed at $12.64 in the last session, up 2.93% from day before closing price of $12.28. In other words, the price has increased by $2.93 from its previous closing price. On the day, 0.65 million shares were traded. MAG stock price reached its highest trading level at $12.72 during the session, while it also had its lowest trading level at $12.5.

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 1301667200 and an Enterprise Value of 1233108608. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.79, and their Forward P/E ratio for the next fiscal year is 21.64.

Stock Price History:

Over the past 52 weeks, MAG has reached a high of $13.62, while it has fallen to a 52-week low of $8.19. The 50-Day Moving Average of the stock is 19.01%, while the 200-Day Moving Average is calculated to be 20.27%.

Shares Statistics:

According to the various share statistics, MAG traded on average about 917.69K shares per day over the past 3-months and 756180 shares per day over the past 10 days. A total of 102.97M shares are outstanding, with a floating share count of 92.68M. Insiders hold about 10.00% of the company’s shares, while institutions hold 61.75% stake in the company. Shares short for MAG as of 1713139200 were 3500826 with a Short Ratio of 3.81, compared to 1710460800 on 2841761.

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