The stock price of MAG Silver Corp (AMEX: MAG) has jumped by 6.75 compared to previous close of 15.25. Despite this, the company has seen a gain of 8.68% in its stock price over the last five trading days. etftrends.com reported 2025-01-29 that Editor’s note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
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 22.67x compared to its average ratio, The 36-month beta value for MAG is at 1.09. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 7 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for MAG is 93.01M, and currently, shorts hold a 2.52% of that float. The average trading volume for MAG on January 31, 2025 was 556.65K shares.
MAG’s Market Performance
MAG stock saw an increase of 8.68% in the past week, with a monthly gain of 18.06% and a quarterly increase of -8.33%. The volatility ratio for the week is 4.70%, and the volatility levels for the last 30 days are 4.13% for MAG Silver Corp (MAG). The simple moving average for the past 20 days is 11.01% for MAG’s stock, with a 16.73% simple moving average for the past 200 days.
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 9.62% 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 -10.89% of loss for the given period.
Volatility was left at 4.13%, however, over the last 30 days, the volatility rate increased by 4.70%, as shares surge +22.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.11% upper at present.
During the last 5 trading sessions, MAG rose by +8.68%, which changed the moving average for the period of 200-days by +36.35% in comparison to the 20-day moving average, which settled at $14.67. In addition, MAG Silver Corp saw 19.71% 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 50593127.74. 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 conclusion, MAG Silver Corp (MAG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
