Mag Silver Corp Stock Short Ratio
| MAG Stock | CAD 21.17 0.51 2.35% |
MAG Silver Corp fundamentals help investors to digest information that contributes to MAG Silver's financial success or failures. It also enables traders to predict the movement of MAG Stock. The fundamental analysis module provides a way to measure MAG Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MAG Silver stock.
MAG | Short Ratio |
MAG Silver Corp Company Short Ratio Analysis
MAG Silver's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current MAG Silver Short Ratio | 5.39 X |
Most of MAG Silver's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MAG Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MAG Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for MAG Silver is extremely important. It helps to project a fair market value of MAG Stock properly, considering its historical fundamentals such as Short Ratio. Since MAG Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MAG Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MAG Silver's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, MAG Silver Corp has a Short Ratio of 5.39 times. This is 34.75% higher than that of the Metals & Mining sector and 13.24% higher than that of the Materials industry. The short ratio for all Canada stocks is 34.75% lower than that of the firm.
MAG Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MAG Silver's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MAG Silver could also be used in its relative valuation, which is a method of valuing MAG Silver by comparing valuation metrics of similar companies.MAG Silver is currently under evaluation in short ratio category among its peers.
MAG Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of MAG Silver from analyzing MAG Silver's financial statements. These drivers represent accounts that assess MAG Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MAG Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 1.9B | 1.5B | 1.5B | 1.4B | 1.5B | |
| Enterprise Value | 948.1M | 1.8B | 1.4B | 1.5B | 1.4B | 1.4B |
MAG Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | -0.0169 | ||||
| Current Valuation | 2.08 B | ||||
| Shares Outstanding | 103.31 M | ||||
| Shares Owned By Insiders | 0.95 % | ||||
| Shares Owned By Institutions | 58.49 % | ||||
| Number Of Shares Shorted | 1.73 M | ||||
| Price To Earning | (20.66) X | ||||
| Price To Book | 2.80 X | ||||
| EBITDA | (13.98 M) | ||||
| Net Income | 48.66 M | ||||
| Cash And Equivalents | 29.95 M | ||||
| Cash Per Share | 0.93 X | ||||
| Total Debt | 154 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 116.52 X | ||||
| Book Value Per Share | 5.53 X | ||||
| Cash Flow From Operations | (8.95 M) | ||||
| Short Ratio | 5.39 X | ||||
| Earnings Per Share | 1.01 X | ||||
| Price To Earnings To Growth | (4.98) X | ||||
| Target Price | 19.0 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 2.24 B | ||||
| Total Asset | 520.53 M | ||||
| Retained Earnings | (129.15 M) | ||||
| Working Capital | 67.26 M | ||||
| Current Asset | 96.37 M | ||||
| Current Liabilities | 1.66 M | ||||
| Net Asset | 520.53 M |
About MAG Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MAG Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MAG Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MAG Silver Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..