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Positives for MAG Silver Corp. (MAG) as stock gains in recent trading

MAG Silver Corp. (AMEX: MAG) is 13.74% higher on its value in year-to-date trading and has touched a low of $8.19 and a high of $13.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MAG stock was last observed hovering at around $12.40 in the last trading session, with the day’s loss setting it -0.56%.

Currently trading at $11.84, the stock is 4.05% and 19.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -4.52% at the moment leaves the stock 13.27% off its SMA200. MAG registered -9.27% loss for a year compared to 6-month loss of 7.64%.

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The stock witnessed a 27.86% gain in the last 1 month and extending the period to 3 months gives it a 29.12%, and is -0.25% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.63% over the week and 4.74% over the month.

Current P/E ratio is 25.09 and Fwd P/E is 18.06. Distance from 52-week low is 44.48% and -13.07% from its 52-week high. The company has generated returns on investments over the last 12 months (9.60%).

The EPS is expected to grow by 19.26% this year.

MAG Silver Corp. (MAG) Top Institutional Holders

The shares outstanding are 102.97M, and float is at 92.68M with Short Float at 3.07%.

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