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Should You Hold MAG Silver Corp (MAG) in Silver Industry?

Wednesday, July 26, 2023 11:16 AM | InvestorsObserver Analysts

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Should You Hold MAG Silver Corp (MAG) in Silver Industry?

A rating of 72 puts MAG Silver Corp (MAG) near the top of the Silver industry according to InvestorsObserver. MAG Silver Corp's score of 72 means it scores higher than 72% of stocks in the industry. MAG Silver Corp also received an overall rating of 35, putting it above 35% of all stocks. Silver is ranked 143 out of the 148 industries.

Overall Score - 35
MAG has an Overall Score of 35. Find out what this means to you and get the rest of the rankings on MAG!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With MAG Silver Corp Stock Today?

MAG Silver Corp (MAG) stock is up 5.95% while the S&P 500 has fallen -0.29% as of 11:07 AM on Wednesday, Jul 26. MAG has gained $0.67 from the previous closing price of $11.26 on volume of 675,852 shares. Over the past year the S&P 500 has risen 16.15% while MAG has gained 1.88%. MAG earned $0.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 60.27. Click Here to get the full Stock Report for MAG Silver Corp stock.

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