The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 16.62%. However, over the past six months, we’ve seen a weaker performance of 11.17%. The price of MAG fallen by 32.24% over the last 30 days. And in the last five days, it has surged by 0.41%.
The market performance of MAG Silver Corp.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $13.70 on 04/18/23, while the lowest value for the same duration was $8.19 on 03/01/24.
52-week price history of MAG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MAG Silver Corp.’s current trading price is -11.39% away from its 52-week high, while its distance from the 52-week low is 48.14%. The stock’s price range during this period has varied between$8.19 and $13.70. The MAG Silver Corp.’s shares, which operate in the Basic Materials, saw a trading volume of around 1.13 million for the day, a figure considerably higher than their average daily volume of 0.89 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
MAG Silver Corp. (MAG) has experienced a quarterly rise of 33.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.25B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.00, with a change in price of +1.42. Similarly, MAG Silver Corp. recorded 845,565 in trading volume during the last 100 days, posting a change of +13.25%.
MAG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 84.39%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 81.42%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 75.15% and 75.81%, respectively.
