Mag Silver Corp Stock Buy Hold or Sell Recommendation
| MAG Stock | CAD 21.80 0.20 0.93% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding MAG Silver Corp is 'Strong Hold'. The recommendation algorithm takes into account all of MAG Silver's available fundamental, technical, and predictive indicators you will find on this site.
Check out MAG Silver Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as MAG and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.
MAG |
Execute MAG Silver Buy or Sell Advice
The MAG recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MAG Silver Corp. Macroaxis does not own or have any residual interests in MAG Silver Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MAG Silver's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
MAG Silver Trading Alerts and Improvement Suggestions
| 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. | |
| Roughly 58.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: MAG Silver Corp. Given Consensus Recommendation of Moderate Buy by Analysts - MarketBeat |
MAG Silver Returns Distribution Density
The distribution of MAG Silver's historical returns is an attempt to chart the uncertainty of MAG Silver's future price movements. The chart of the probability distribution of MAG Silver daily returns describes the distribution of returns around its average expected value. We use MAG Silver Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MAG Silver returns is essential to provide solid investment advice for MAG Silver.
| Mean Return | 0.36 | Value At Risk | -3.65 | Potential Upside | 5.30 | Standard Deviation | 2.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MAG Silver historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MAG Silver Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (57.8M) | 21.6M | (37.3M) | (26.8M) | 38.8M | 40.7M | |
| Free Cash Flow | (3.6M) | (6.3M) | (6.7M) | (8.8M) | (9.0M) | (9.4M) | |
| Other Non Cash Items | (1.6M) | (3.0M) | (15.9M) | (30.5M) | (66.0M) | (62.7M) | |
| Capital Expenditures | 354K | 74K | 5K | 35K | 15.2K | 14.5K | |
| Net Income | (4.4M) | (7.1M) | 6.0M | 17.6M | 48.7M | 51.1M | |
| End Period Cash Flow | 72.4M | 94.0M | 56.7M | 30.0M | 68.7M | 54.2M | |
| Depreciation | 106K | 121K | 146K | 136K | 352K | 369.6K | |
| Investments | (57.1M) | (60.4M) | (67.8M) | (18.9M) | (7.2M) | (7.6M) | |
| Change To Netincome | 799K | 1.1M | (13.3M) | (37.4M) | (33.7M) | (32.0M) |
MAG Silver Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MAG Silver or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MAG Silver's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MAG stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 2.69 | |
Ir | Information ratio | 0.08 |
MAG Silver Volatility Alert
MAG Silver Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of 0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MAG Silver's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MAG Silver's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MAG Silver Fundamentals Vs Peers
Comparing MAG Silver's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MAG Silver's direct or indirect competition across all of the common fundamentals between MAG Silver and the related equities. This way, we can detect undervalued stocks with similar characteristics as MAG Silver or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MAG Silver's fundamental indicators could also be used in its relative valuation, which is a method of valuing MAG Silver by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MAG Silver to competition |
| Fundamentals | MAG Silver | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | -0.0169 | -0.14 |
| Current Valuation | 2.09 B | 16.62 B |
| Shares Outstanding | 103.31 M | 571.82 M |
| Shares Owned By Insiders | 0.95 % | 10.09 % |
| Shares Owned By Institutions | 58.45 % | 39.21 % |
| Number Of Shares Shorted | 1.73 M | 4.71 M |
| Price To Earning | (20.66) X | 28.72 X |
| Price To Book | 2.81 X | 9.51 X |
| EBITDA | (13.98 M) | 3.9 B |
| Net Income | 48.66 M | 570.98 M |
| Cash And Equivalents | 29.95 M | 2.7 B |
| Cash Per Share | 0.93 X | 5.01 X |
| Total Debt | 154 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 116.52 X | 2.16 X |
| Book Value Per Share | 5.53 X | 1.93 K |
| Cash Flow From Operations | (8.95 M) | 971.22 M |
| Short Ratio | 5.39 X | 4.00 X |
| Earnings Per Share | 1.01 X | 3.12 X |
| Price To Earnings To Growth | (4.98) X | 4.89 X |
| Target Price | 19.0 | |
| Beta | 1.13 | -0.15 |
| Market Capitalization | 2.25 B | 19.03 B |
| Total Asset | 520.53 M | 29.47 B |
| Retained Earnings | (129.15 M) | 9.33 B |
| Working Capital | 67.26 M | 1.48 B |
| Current Asset | 96.37 M | 9.34 B |
| Current Liabilities | 1.66 M | 7.9 B |
| Net Asset | 520.53 M |
MAG Silver Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MAG . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About MAG Silver Buy or Sell Advice
When is the right time to buy or sell MAG Silver Corp? Buying financial instruments such as MAG Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Working Capital | 43.5K | 38.6K | Market Cap | 1.4B | 1.5B |
Use Investing Ideas to Build Portfolios
In addition to having MAG Silver in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Momentum Theme or any other thematic opportunities.
| View All Next | Launch |
Check out MAG Silver Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.