Let’s start up with the current stock price of MAG Silver Corp. (MAG), which is $21.78 to be very precise. The Stock rose vividly during the last session to $22.56 after opening rate of $22.10 while the lowest price it went was recorded $21.57 before closing at $20.52.
Recently in News on November 13, 2020, MAG Silver Reports Third Quarter Financial Results. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) announces the Company’s unaudited financial results for the three and nine months ended September 30, 2020. For details of the unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2020, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). You can read further details here
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MAG Silver Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.56 on 01/04/21, with the lowest value was $21.57 for the same time period, recorded on 01/04/21.
MAG Silver Corp. (MAG) full year performance was 90.72%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, MAG Silver Corp. shares are logging 3.76% during the 52-week period from high price, and 467.19% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.84 and $20.99.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1132678 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the MAG Silver Corp. (MAG) recorded performance in the market was 6.14%, having the revenues showcasing 29.57% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.07B, as it employees total of 8 workers.
MAG Silver Corp. (MAG) in the eye of market guru’s
During the last month, 6 analysts gave the MAG Silver Corp. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 16.89, with a change in the price was noted +6.47. In a similar fashion, MAG Silver Corp. posted a movement of +42.26% for the period of last 100 days, recording 593,564 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MAG is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
MAG Silver Corp. (MAG): Stocks Technical analysis and Trends
Raw Stochastic average of MAG Silver Corp. in the period of last 50 days is set at 90.53%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.24%. In the last 20 days, the company’s Stochastic %K was 90.90% and its Stochastic %D was recorded 92.81%.
If we look into the earlier routines of MAG Silver Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 6.14%. Additionally, trading for the stock in the period of the last six months notably improved by 55.02%, alongside a boost of 90.72% for the period of the last 12 months. The shares increased approximately by 16.85% in the 7-day charts and went down by 30.11% in the period of the last 30 days. Common stock shares were driven by 29.57% during last recorded quarter.