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.
In the latest session, MAG Silver Corp (AMEX: MAG) closed at $16.63 up 3.81% from its previous closing price of $16.02. In other words, the price has increased by $3.81 from its previous closing price. On the day, 0.89 million shares were traded. MAG stock price reached its highest trading level at $16.63 during the session, while it also had its lowest trading level at $15.74.
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 10.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 69.54. 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 1720373376 and an Enterprise Value of 1560264192. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.19, and their Forward P/E ratio for the next fiscal year is 22.67.
Stock Price History:
The Beta on a monthly basis for MAG is 1.00, which has changed by 0.53981483 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, MAG has reached a high of $18.27, while it has fallen to a 52-week low of $9.11. The 50-Day Moving Average of the stock is 5.70%, while the 200-Day Moving Average is calculated to be 14.36%.
Shares Statistics:
For the past three months, MAG has traded an average of 609.09K shares per day and 766320 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 56.53% stake in the company. Shares short for MAG as of 1741910400 were 2251501 with a Short Ratio of 3.70, compared to 1739491200 on 2387905.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
