
Company Overview - MAG Silver currently has a Momentum Style Score of B, indicating a positive outlook based on its recent performance metrics [2] - The company holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, MAG shares increased by 0.48%, while the Zacks Mining - Silver industry rose by 0.91% [5] - In a longer timeframe, MAG's monthly price change is 33.02%, outperforming the industry's 31.85% [5] - Over the last quarter, MAG shares have risen by 31.86%, and they are up 55.35% over the past year, significantly outperforming the S&P 500, which moved 1.99% and 12.34% respectively [6] Trading Volume - MAG's average 20-day trading volume is 3,004,462 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, 5 earnings estimates for MAG have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.76 to $0.86 [9] - For the next fiscal year, 4 estimates have also moved upwards, indicating a positive trend in earnings expectations [9] Conclusion - Given the strong performance metrics and positive earnings outlook, MAG Silver is positioned as a solid momentum pick with a Momentum Score of B and a Zacks Rank of 2 (Buy) [11]