Mag Silver Corp Stock Today
MAG Stock | CAD 21.85 0.14 0.64% |
Performance9 of 100
| Odds Of DistressLess than 39
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MAG Silver is selling at 21.85 as of the 21st of November 2024; that is 0.64% down since the beginning of the trading day. The stock's open price was 21.99. MAG Silver has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for MAG Silver Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
MAG Silver Corp. focuses on the acquisition, exploration, and development of mineral properties primarily in the Americas. It primarily holds 44 percent interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. MAG SILVER operates under Silver classification in Canada and is traded on Toronto Stock Exchange. The company has 103.31 M outstanding shares of which 1.73 M shares are now shorted by private and institutional investors with about 5.7 days to cover all short positions. More on MAG Silver Corp
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Moving against MAG Stock
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MAG Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MAG Silver's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MAG Silver or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO President | BE AccDir | ||||
Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Silver, Basic Materials (View all Sectors) | ||||
MAG Silver's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MAG Silver's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsMAG Silver can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MAG Silver's financial leverage. It provides some insight into what part of MAG Silver's total assets is financed by creditors.
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MAG Silver Corp (MAG) is traded on Toronto Exchange in Canada and employs 17 people. MAG Silver is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MAG Silver's market, we take the total number of its shares issued and multiply it by MAG Silver's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MAG Silver Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 103.31 M outstanding shares of which 1.73 M shares are now shorted by private and institutional investors with about 5.7 days to cover all short positions.
MAG Silver Corp has accumulated about 29.95 M in cash with (8.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93.
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Ownership AllocationMAG Silver Corp maintains a total of 103.31 Million outstanding shares. Over half of MAG Silver's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Thereupon, these institutions are subject to different rules and regulations than regular investors in MAG Silver Corp. Please watch out for any change in the institutional holdings of MAG Silver Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the entity is less than the current market value, you may not be able to make money on it.
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MAG Silver Corp Risk Profiles
Although MAG Silver's alpha and beta are two of the key measurements used to evaluate MAG Silver's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 2.09 | |||
Semi Deviation | 2.28 | |||
Standard Deviation | 2.8 | |||
Variance | 7.85 |
MAG Stock Against Markets
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Our tools can tell you how much better you can do entering a position in MAG Silver without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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MAG Silver Corporate Directors
Jill Leversage | Independent Director | Profile | |
Richard Clark | Independent Director | Profile | |
Selma Lussenburg | Independent Director | Profile | |
Derek White | Independent Director | Profile |
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.