The stock of MAG Silver Corp (MAG) has gone up by 8.92% for the week, with a 4.25% rise in the past month and a -1.05% drop in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are 3.35% for MAG. The simple moving average for the last 20 days is 10.11% for MAG stock, with a simple moving average of 12.77% for the last 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 21.69x. The 36-month beta value for MAG is also noteworthy at 1.08. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 7 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for MAG is 93.01M, and at present, short sellers hold a 2.55% of that float. The average trading volume of MAG on January 16, 2025 was 621.18K shares.
MAG) stock’s latest price update
MAG Silver Corp (AMEX: MAG)’s stock price has increased by 4.04 compared to its previous closing price of 14.97. However, the company has seen a 8.92% increase in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-16 that VANCOUVER, British Columbia, Jan. 16, 2025 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver” or “Company”) announces the retirement of Michael Curlook after twelve years of outstanding service to the Company.
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 previous year 2024.
MAG Trading at 3.96% 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 -14.75% of loss for the given period.
Volatility was left at 3.35%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +4.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.04% lower at present.
During the last 5 trading sessions, MAG rose by +8.88%, which changed the moving average for the period of 200-days by +44.17% in comparison to the 20-day moving average, which settled at $14.15. In addition, MAG Silver Corp saw 14.52% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MAG
Current profitability levels for the company are sitting at:
- 1149602.87 for the present operating margin
- -17693.35 for the gross margin
The net margin for MAG Silver Corp stands at 2403064.52. The total capital return value is set at 0.06. Equity return is now at value 14.03, with 13.67 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 19.41. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 69.7.
Currently, EBITDA for the company is -13.98 million with net debt to EBITDA at -8.76. When we switch over and look at the enterprise to sales, we see a ratio of 48127089.68. The receivables turnover for the company is 0.0for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 32.55.
Conclusion
In summary, MAG Silver Corp (MAG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
