MAG Silver Corp. (MAG) poses a Brand-New Opportunity for Investors with beta value of 1.14

Witnessing the stock’s movement on the chart, on Wednesday, MAG Silver Corp. (AMEX: MAG) had a quiet start as it plunged -3.52% to $13.96, before settling in for the price of $14.47 at the close. Taking a more long-term approach, MAG posted a 52-week range of $8.19-$14.67.

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It was noted that the giant of the Basic Materials sector posted annual sales growth of 0.00% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 43.16%. This publicly-traded company’s shares outstanding now amounts to $102.97 million, simultaneously with a float of $92.83 million. The organization now has a market capitalization sitting at $1.44 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.07, while the 200-day Moving Average is $11.47.

MAG Silver Corp. (MAG) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Silver industry. MAG Silver Corp.’s current insider ownership accounts for 10.00%, in contrast to 62.64% institutional ownership.

MAG Silver Corp. (MAG) Earnings and Revenue Records

MAG Silver Corp.’s EPS increase for this current 12-month fiscal period is 43.16% and is forecasted to reach 0.75 in the upcoming year.

MAG Silver Corp. (AMEX: MAG) Trading Performance Indicators

Let’s observe the current performance indicators for MAG Silver Corp. (MAG). It’s Quick Ratio in the last reported quarter now stands at 28.03. The Stock has managed to achieve an average true range (ATR) of 0.57. Alongside those numbers, its PE Ratio stands at $23.67, and its Beta score is 1.14.

In the same vein, MAG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.59, a figure that is expected to reach 0.16 in the next quarter, and analysts are predicting that it will be 0.75 at the market close of one year from today.

Technical Analysis of MAG Silver Corp. (MAG)

Going through the that latest performance of [MAG Silver Corp., MAG]. Its last 5-days volume of 0.78 million indicated improvement to the volume of 0.72 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 85.63% While, its Average True Range was 0.59.

Raw Stochastic average of MAG Silver Corp. (MAG) in the period of the previous 100 days is set at 75.85%, which indicates a major rise in contrast to 72.49% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 59.43% that was higher than 45.05% volatility it exhibited in the past 100-days period.