MAG Silver Corp. (AMEX: MAG) Emerges As Guiding Light For Investors

MAG Silver Corp. (AMEX:MAG) currently has a daily average trading volume of 537.03K but it saw 807723 shares traded in last market. With a market cap of 1.44B USD, the company’s current market price of $13.96 came falling about -3.52 while comparing to the previous closing price of $14.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.67 and as low as $8.19. In the recent trading on the day, stock has struck highest price mark of $13.93 while lowest mark touched by it was $14.8001.

Taking a look at 20-day trading activity of MAG Silver Corp. (MAG) gives us an average price of $13.17, while its current price level is -4.84% below from 52-week high level whereas it is 70.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.07 while that of 200 days or SMA-200 reads an average of $11.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.04% during that period while stretching the period over a month that decreases to 3.70%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.06 which implies that the stock is in neutral territory.

Over the week, MAG’s stock price is moving 10.88% up while it is 3.71% when we observe its performance for the past one month. Year-to-date it is 34.10% up and over the past year, the stock is showing an upside performance of 20.66%.

Currently, MAG Silver Corp.’s total number of outstanding shares is 102.97M. Company’s return on investment (ROI) stands at 11.16% and return on equity (ROE) at 11.88%. It has a price to earnings ratio (P/E ratio) of 23.67 while having a 18.64 of forward P/E ratio. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 2.63. Its return on asset (ROA) is 11.61% on average.