Mag Silver Corp

Mag Silver Corp is an AMEX listed security that has been trading in a range between $11.00 and $13.18 over the past year. With 41,116,390 shares outstanding, a recent price of $12.93 gives a total market capitalization of $535,335,417. While there are certainly larger companies, Mag Silver Corp has definitely earned its place in the pack. Last year, Mag Silver Corp created $-0.13 in earnings for every share outstanding.

Mag Silver Corp is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Mag Silver Corp is unlikely to be an interesting value proposition.