MAG Silver Corp (AMEX:MAG) shares, rose in value, with the stock price down by -2.94% to the previous day’s close as strong demand from buyers drove the stock to $15.53.
Actively observing the price movement in the last trading, the stock closed the session at $16.00, falling within a range of $15.3 and $15.9. The value of beta (5-year monthly) was 1.293 whereas the PE ratio was 20.73 over 12-month period. Referring to stock’s 52-week performance, its high was $18.08, and the low was $11.17. On the whole, MAG has fluctuated by -0.66% over the past month.
With the market capitalization of MAG Silver Corp currently standing at about $1.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-23. The company’s Forward Dividend Ratio is 0.18, with its dividend yield at 1.16%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MAG’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of MAG currently trading nearly 2.72% and 0.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.85, while the 7-day volatility ratio is showing 5.42% which for the 30-day chart, stands at 6.76%. Furthermore, MAG Silver Corp (MAG)’s beta value is 0.63, and its average true range (ATR) is 0.98.
A comparison of MAG Silver Corp (MAG) with its peers suggests the former has fared considerably weaker in the market. MAG showed an intraday change of -2.94% in last session, and over the past year, it grew by 34.49%%.
Data on historical trading for MAG Silver Corp (AMEX:MAG) indicates that the trading volumes over the past 10 days have averaged 0.98 and over the past 3 months, they’ve averaged 728.22K. According to company’s latest data on outstanding shares, there are 103.36 million shares outstanding.
Nearly 20.74% of MAG Silver Corp’s shares belong to company insiders and institutional investors own 61.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.88 million shares as on 2025-03-31, resulting in a short ratio of 2.6. According to the data, the short interest in MAG Silver Corp (MAG) stood at 183.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.25 million. The stock has risen by 15.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MAG stock heading into the next quarter.
