The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. MAG Silver Corp.’s current trading price is -20.60% away from its 52-week high, while its distance from the 52-week low is 39.72%. The stock’s price range for this period has been between $8.19 and $14.42 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 1.85 million for the day, a number notably higher than the average daily volume of 0.72 million over the last three months.
MAG Silver Corp. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $14.42 on 04/13/23, while the lowest price for the same duration was marked at $8.19 on 03/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MAG Silver Corp. (MAG) has experienced a quarterly rise of 9.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.18B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.80, with a change in price of +0.79. Similarly, MAG Silver Corp. recorded 739,515 in trading volume during the last 100 days, posting a change of +7.41%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MAG stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
MAG Stock Stochastic Average
As of today, MAG Silver Corp.’s raw stochastic average for the last 50 days stands at 99.85%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 99.82%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 95.11% and 96.29%, respectively.
MAG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 9.99% this year. Over the last six months, there has been a weaker performance of 10.41%. The price of MAG fallen by 32.52% during the last 30 days period. For the last 5-days stocks have improved 24.32%.
