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In the latest session, MAG Silver Corp (AMEX: MAG) closed at $15.12 down -2.39% from its previous closing price of $15.49. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.64 million shares were traded. MAG stock price reached its highest trading level at $15.2499 during the session, while it also had its lowest trading level at $14.77.
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 19.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.86. For the most recent quarter (mrq), Quick Ratio is recorded 32.55 and its Current Ratio is at 32.55. 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 1563695232 and an Enterprise Value of 1448550144. As of this moment, MAG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.06, and their Forward P/E ratio for the next fiscal year is 17.32.
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 -3.76%, while the 200-Day Moving Average is calculated to be 17.62%.
Shares Statistics:
For the past three months, MAG has traded an average of 685.96K shares per day and 787720 over the past ten days. A total of 102.97M shares are outstanding, with a floating share count of 92.99M. Insiders hold about 9.98% of the company’s shares, while institutions hold 60.98% stake in the company. Shares short for MAG as of 1730332800 were 2929916 with a Short Ratio of 3.85, compared to 1727654400 on 2269015.