MAG Silver Corp. (AMEX: MAG) has a higher price-to-earnings ratio of 25.88x compared to its average ratio. MAG has 36-month beta value of 1.15. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MAG is 92.83M, and currently, short sellers hold a 3.22% ratio of that float. The average trading volume of MAG on September 27, 2024 was 544.82K shares.
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MAG) stock’s latest price update
The stock price of MAG Silver Corp. (AMEX: MAG) has surged by 1.33 when compared to previous closing price of 15.06, but the company has seen a 8.07% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-12 that The near-term prospects of the Zacks Mining – Silver industry look upbeat on rising silver prices and strong demand. Stocks like FNLPF, HL, AG, MAG and VZLA are worth keeping tabs on.
MAG’s Market Performance
MAG’s stock has risen by 8.07% in the past week, with a monthly rise of 12.29% and a quarterly rise of 29.65%. The volatility ratio for the week is 3.88% while the volatility levels for the last 30 days are 3.90% for MAG Silver Corp. The simple moving average for the past 20 days is 13.66% for MAG’s stock, with a 32.19% simple moving average for the past 200 days.
MAG Trading at 15.79% 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 -1.10% of loss for the given period.
Volatility was left at 3.90%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares surge +16.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.98% upper at present.
During the last 5 trading sessions, MAG rose by +8.07%, which changed the moving average for the period of 200-days by +40.77% in comparison to the 20-day moving average, which settled at $13.53. In addition, MAG Silver Corp. saw 46.59% 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
To put it simply, MAG Silver Corp. (MAG) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
