On Monday, MAG Silver Corp (AMEX: MAG) opened higher 5.50% from the last session, before settling in for the closing price of $14.90. Price fluctuations for MAG have ranged from $8.19 to $18.27 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 56.80% at the time writing. With a float of $92.99 million, this company’s outstanding shares have now reached $102.97 million.
In an organization with 12 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -1870338.71%, operating margin of 73815125.81%, and the pretax margin is 88802493.55%.
MAG Silver Corp (MAG) Insider and Institutional Ownership
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 9.98%, while institutional ownership is 61.06%.
MAG Silver Corp (MAG) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.13) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 56.80% 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 32.55. Likewise, its price to free cash flow for the trailing twelve months is 45.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.85 in one year’s time.
Technical Analysis of MAG Silver Corp (MAG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.93 million. That was better than the volume of 0.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.02%. Additionally, its Average True Range was 0.76.
During the past 100 days, MAG Silver Corp’s (MAG) raw stochastic average was set at 63.47%, which indicates a significant increase from 34.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.00% in the past 14 days, which was higher than the 44.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.51, while its 200-day Moving Average is $12.69. However, in the short run, MAG Silver Corp’s stock first resistance to watch stands at $16.04. Second resistance stands at $16.35. The third major resistance level sits at $16.70. If the price goes on to break the first support level at $15.38, it is likely to go to the next support level at $15.03. The third support level lies at $14.72 if the price breaches the second support level.
MAG Silver Corp (AMEX: MAG) Key Stats
There are currently 103,307K shares outstanding in the company with a market cap of 2.25 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.
