On Tuesday, MAG Silver Corp. (AMEX: MAG) opened higher 1.30% from the last session, before settling in for the closing price of $17.76. Price fluctuations for MAG have ranged from $8.19 to $18.01 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 57.87% at the time writing. With a float of $92.83 million, this company’s outstanding shares have now reached $102.97 million.
Considering the fact that the conglomerate employs 12 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
MAG Silver Corp. (MAG) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Silver industry is another important factor to consider. The insider ownership of MAG Silver Corp. is 10.00%, while institutional ownership is 61.25%.
MAG Silver Corp. (MAG) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.09 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.17) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.87% per share during the next fiscal year.
MAG Silver Corp. (AMEX: MAG) Trading Performance Indicators
Check out the current performance indicators for MAG Silver Corp. (MAG). In the past quarter, the stock posted a quick ratio of 28.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.88 in one year’s time.
Technical Analysis of MAG Silver Corp. (MAG)
Compared to the last year’s volume of 0.73 million, its volume of 0.92 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 86.47%. Additionally, its Average True Range was 0.62.
During the past 100 days, MAG Silver Corp.’s (MAG) raw stochastic average was set at 95.99%, which indicates a significant increase from 91.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.62% in the past 14 days, which was lower than the 44.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.64, while its 200-day Moving Average is $12.21. Nevertheless, the first resistance level for the watch stands at $18.23 in the near term. At $18.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.67. If the price goes on to break the first support level at $17.79, it is likely to go to the next support level at $17.59. Now, if the price goes above the second support level, the third support stands at $17.35.
MAG Silver Corp. (AMEX: MAG) Key Stats
There are currently 103,257K shares outstanding in the company with a market cap of 1.86 billion. Presently, the company’s annual sales total 0 K according to its annual income of 48,660 K. Last quarter, the company’s sales amounted to 0 K and its income totaled 21,610 K.
