MAG Silver Corp. (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$34.38 and traded as low as C$33.70. MAG Silver shares last traded at C$34.38, with a volume of 146,911 shares changing hands.
MAG Silver Price Performance
The company has a debt-to-equity ratio of 0.37, a quick ratio of 25.31 and a current ratio of 44.26. The business’s 50 day simple moving average is C$34.38 and its 200-day simple moving average is C$34.38. The stock has a market capitalization of C$3.56 billion, a price-to-earnings ratio of 34.73, a price-to-earnings-growth ratio of 0.84 and a beta of 1.12.
MAG Silver Company Profile
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation.
Further Reading
- Five stocks we like better than MAG Silver
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
Receive News & Ratings for MAG Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAG Silver and related companies with MarketBeat.com's FREE daily email newsletter.
