In the past week, MAG stock has gone down by -5.67%, with a monthly gain of 0.64% and a quarterly surge of 28.46%. The volatility ratio for the week is 4.85%, and the volatility levels for the last 30 days are 3.96% for MAG Silver Corp The simple moving average for the past 20 days is -6.17% for MAG’s stock, with a 26.30% simple moving average for the past 200 days.
Is It Worth Investing in MAG Silver Corp (AMEX: MAG) Right Now?
MAG Silver Corp (AMEX: MAG) has a higher price-to-earnings ratio of 26.79x compared to its average ratio. MAG has 36-month beta value of 1.10. 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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MAG is 92.83M, and currently, short sellers hold a 2.84% ratio of that float. The average trading volume of MAG on November 08, 2024 was 626.88K shares.
MAG) stock’s latest price update
The stock of MAG Silver Corp (AMEX: MAG) has decreased by -5.11 when compared to last closing price of 16.65.Despite this, the company has seen a loss of -5.67% in its stock price over the last five trading days. zacks.com reported 2024-10-29 that Does MAG Silver (MAG) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Analysts’ Opinion of MAG
Many brokerage firms have already submitted their reports for MAG stocks, with ROTH MKM repeating the rating for MAG by listing it as a “Neutral.” The predicted price for MAG in the upcoming period, according to ROTH MKM is $17.50 based on the research report published on October 24, 2024 of the current year 2024.
MAG Trading at 4.31% 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 -13.52% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 4.85%, as shares surge +3.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.39% upper at present.
During the last 5 trading sessions, MAG fell by -4.12%, which changed the moving average for the period of 200-days by +73.06% in comparison to the 20-day moving average, which settled at $16.85. In addition, MAG Silver Corp saw 51.78% 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 -13.98 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.
