The stock of MAG Silver Corp. (MAG) has gone up by 10.67% for the week, with a 8.10% rise in the past month and a 5.81% rise in the past quarter. The volatility ratio for the week is 3.64%, and the volatility levels for the past 30 days are 3.43% for MAG. The simple moving average for the past 20 days is 4.57% for MAG’s stock, with a 18.24% simple moving average for the past 200 days.
Is It Worth Investing in MAG Silver Corp. (AMEX: MAG) Right Now?
The price-to-earnings ratio for MAG Silver Corp. (AMEX: MAG) is above average at 22.86x, Company’s 36-month beta value is 1.15.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for MAG is 92.83M, and currently, short sellers hold a 3.33% ratio of that floaft. The average trading volume of MAG on September 12, 2024 was 524.82K shares.
MAG) stock’s latest price update
The stock price of MAG Silver Corp. (AMEX: MAG) has surged by 7.07 when compared to previous closing price of 12.59, but the company has seen a 10.67% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-05 that The average of price targets set by Wall Street analysts indicates a potential upside of 28.7% in MAG Silver (MAG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
MAG Trading at 4.66% from the 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, the company was unable to rebound, for now settling with -5.73% of loss for the given period.
Volatility was left at 3.43%, however, over the last 30 days, the volatility rate increased by 3.64%, as shares surge +8.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.80% upper at present.
During the last 5 trading sessions, MAG rose by +10.71%, which changed the moving average for the period of 200-days by +22.93% in comparison to the 20-day moving average, which settled at $12.94. In addition, MAG Silver Corp. saw 29.49% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MAG
The total capital return value is set at -0.0. Equity return is now at value 11.88, with 11.61 for asset returns.
Based on MAG Silver Corp. (MAG), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -154.61. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -16.71.
Currently, EBITDA for the company is -14.23 million with net debt to EBITDA at 6.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 28.03.
Conclusion
In a nutshell, MAG Silver Corp. (MAG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
