Why the growth investor may take a look at MAG SILVER CORP (NYSEARCA:MAG).

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if MAG SILVER CORP (NYSEARCA:MAG) is suited for growth investing. Investors should of course do their own research, but we spotted MAG SILVER CORP showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of MAG SILVER CORP

• MAG has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 20.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• The recent q2q revenue growth of 3.0K% of MAG showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• Over the past 3 years, MAG has demonstrated 132.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• MAG showcases a robust Return on Equity (ROE) of 13.15%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• MAG has achieved an impressive Relative Strength (RS) rating of 94.38, showcasing its ability to outperform the broader market.
• With a Debt-to-Equity ratio at 0.0, MAG showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• MAG exhibits a favorable ownership structure, with an institutional shareholder ownership of 56.58%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Zooming in on the technicals.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, MAG scores 10 out of 10 in our technical rating. MAG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, MAG did better than 94% of all other stocks. We also observe that the gains produced by MAG over the past year are nicely spread over this period.
• MAG is one of the better performing stocks in the Metals & Mining industry, it outperforms 76% of 151 stocks in the same industry.
• MAG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MAG slightly outperforms the market at the moment.
• In the last month MAG has a been trading in the 13.96 - 17.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of MAG for a complete technical analysis.

A complete fundamental analysis of MAG

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 3 out of 10 to MAG. MAG was compared to 151 industry peers in the Metals & Mining industry. The financial health of MAG is average, but there are quite some concerns on its profitability. MAG is valued expensive and it does not seem to be growing.

Check the latest full fundamental report of MAG for a complete fundamental analysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.