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The closing price of MAG Silver Corp. (AMEX: MAG) was $17.73 for the day, down -1.45% from the previous closing price of $17.99. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 0.78 million shares were traded. MAG stock price reached its highest trading level at $17.92 during the session, while it also had its lowest trading level at $17.5.
Ratios:
Our analysis of MAG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 28.03 and its Current Ratio is at 28.03. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on October 24, 2024, Downgraded its rating to Neutral and sets its target price to $17.50 from $17 previously.
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 1859859200 and an Enterprise Value of 1732079104. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.07, and their Forward P/E ratio for the next fiscal year is 20.24.
Stock Price History:
Over the past 52 weeks, MAG has reached a high of $18.27, while it has fallen to a 52-week low of $8.19. The 50-Day Moving Average of the stock is 20.43%, while the 200-Day Moving Average is calculated to be 44.69%.
Shares Statistics:
MAG traded an average of 622.42K shares per day over the past three months and 916630 shares per day over the past ten days. A total of 102.97M shares are outstanding, with a floating share count of 92.83M. Insiders hold about 10.00% of the company’s shares, while institutions hold 61.69% stake in the company. Shares short for MAG as of 1728950400 were 2640975 with a Short Ratio of 4.24, compared to 1726185600 on 2905543.
