Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, MAG Silver Corp’s stock clocked out at $14.16, up 1.65% from its previous closing price of $13.93. In other words, the price has increased by $1.65 from its previous closing price. On the day, 0.87 million shares were traded. MAG stock price reached its highest trading level at $14.52 during the session, while it also had its lowest trading level at $13.9.
Ratios:
To gain a deeper understanding of MAG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.21. For the most recent quarter (mrq), Quick Ratio is recorded 45.24 and its Current Ratio is at 45.24. 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 1464851968 and an Enterprise Value of 1223017984. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.90, and their Forward P/E ratio for the next fiscal year is 19.19.
Stock Price History:
The Beta on a monthly basis for MAG is 0.70, which has changed by 0.18592966 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, MAG has reached a high of $18.08, while it has fallen to a 52-week low of $11.17. The 50-Day Moving Average of the stock is -8.47%, while the 200-Day Moving Average is calculated to be -2.32%.
Shares Statistics:
It appears that MAG traded 704.05K shares on average per day over the past three months and 993450 shares per day over the past ten days. A total of 103.36M shares are outstanding, with a floating share count of 93.14M. Insiders hold about 9.97% of the company’s shares, while institutions hold 61.68% stake in the company. Shares short for MAG as of 1741910400 were 2251501 with a Short Ratio of 3.20, compared to 1739491200 on 2387905.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, MAG has a forward annual dividend rate of 0.18. Against a Trailing Annual Dividend Yield of 0.0
