MAG Silver Corp (MAG) is -3.65% away from 50-day simple Moving Average despite all headwinds

MAG Silver Corp (AMEX: MAG) open the trading on Wednesday, with a bit cautious approach as it glided -3.09% to $14.75, before settling in for the price of $15.22 at the close. Taking a more long-term approach, MAG posted a 52-week range of $8.19-$18.27.

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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 55.90%. 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 $2.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.31, while the 200-day Moving Average is $12.60.

MAG Silver Corp (MAG) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Silver industry. MAG Silver Corp’s current insider ownership accounts for 10.00%, in contrast to 62.23% institutional ownership.

MAG Silver Corp (MAG) Earnings and Revenue Records

MAG Silver Corp’s EPS increase for this current 12-month fiscal period is 55.90% and is forecasted to reach 0.87 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 32.55. The Stock has managed to achieve an average true range (ATR) of 0.75. Alongside those numbers, its PE Ratio stands at $20.54, and its Beta score is 1.08. Similarly, its price to free cash flow for trailing twelve months is now 42.97.

In the same vein, MAG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.72, a figure that is expected to reach 0.16 in the next quarter, and analysts are predicting that it will be 0.87 at the market close of one year from today.

Technical Analysis of MAG Silver Corp (MAG)

[MAG Silver Corp, MAG] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 11.72% While, its Average True Range was 0.80.

Raw Stochastic average of MAG Silver Corp (MAG) in the period of the previous 100 days is set at 49.57%, which indicates a major rise in contrast to 1.12% 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 35.93% that was lower than 44.03% volatility it exhibited in the past 100-days period.