MAG Silver Corp. (AMEX:MAG) went up by 20.87% from its latest closing price when compared to the 1-year high value of $14.00 and move down -20.27%, while MAG stocks collected +18.41% of gains with the last five trading sessions. Press Release reported 14 hours ago that MAG Silver Announces a $60 Million Private Placement
MAG Silver Corp. (AMEX:MAG) Worth an Investment?
MAG Silver Corp. (AMEX: MAG) The 36 Months beta value for MAG stocks is at 0.91, while of the analysts out of 0 who provided ratings for MAG Silver Corp. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $15.83 which is -$11.64 below current price. MAG currently has a short float of 4.29% and public float of 75.51M with average trading volume of 733.30K shares.
MAG Market Performance
MAG stocks went up by 18.41% for the week, with the monthly jump of 24.76% and a quarterly performance of 6.11%, while its annual performance rate touched 14.45%. The simple moving average for the period of the last 20 days is 28.58% for MAG stocks with the simple moving average of 11.43% for the last 200 days.
Analysts’ Opinion on MAG Silver Corp. (AMEX:MAG)
Many brokerage firms have already submitted their reports for MAG stocks, with BMO Capital Markets repeating the rating for MAG shares by setting it to “Outperform”. The predicted price for MAG socks in the upcoming period according to BMO Capital Markets is $5 based on the research report published on November 17, 2017.
Rodman & Renshaw, on the other hand, stated in their research note that they expect to see MAG stock at the price of $20.50, previously predicting the value of $20. The rating they have provided for MAG stocks is “Buy” according to the report published on March 9, 2017.
Raymond James gave “ Outperform” rating to MAG stocks, setting the target price at $20.50 in the report published on February 15, 2017.
MAG Stocks 29.88% Far from 50 Day Moving Average
After a stumble in the market that brought MAG to its low price for the period of the last 52 weeks, MAG Silver Corp. was unable to take a rebound, for now settling with -16.86% of loss for the given period.
The stock volatility was left at 9.57%, however, within the period of a single month, the volatility rate increased by 8.36%, while the shares surge at the distance of +34.57% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +13.45% upper at the present time.
In the course of the last 5 trading sessions, MAG went up by +18.41%, which changed the moving average for the period of 200 days to the total of +13.89% of gains for the stock in comparison to the 20-day moving average settled at $9.20. In addition, MAG Silver Corp. saw -1.69% in overturn over the period of a single year with a tendency to cut further losses.
MAG Stock Fundamentals
Based on MAG Silver Corp. (MAG), the company’s capital structure generated 0.25 points for debt to equity in total, while total debt to capital is set at the value of 0.25. Total debt to assets is settled at the value of 0.25 with long-term debt to equity ratio rests at -133.45 and long-term debt to capital is 0.22.