MAG
Price
$16.76
Change
-$0.33 (-1.93%)
Updated
Nov 1, 04:00 PM (EDT)
145 days until earnings call
NEM
Price
$45.25
Change
-$0.19 (-0.42%)
Updated
Nov 1, 04:00 PM (EDT)
111 days until earnings call
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MAG vs NEM

Header iconMAG vs NEM Comparison
Open Charts MAG vs NEMBanner chart's image
MAG Silver
Price$16.76
Change-$0.33 (-1.93%)
Volume$73.71K
CapitalizationN/A
Newmont
Price$45.25
Change-$0.19 (-0.42%)
Volume$829.45K
CapitalizationN/A
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MAG vs NEM Comparison Chart
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MAG
Daily Signalchanged days ago
Gain/Loss if shorted
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NEM
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
MAG vs. NEM commentary
Nov 01, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MAG is a Buy and NEM is a Buy.

COMPARISON
Comparison
Nov 01, 2024
Stock price -- (MAG: $17.09 vs. NEM: $45.44)
Brand notoriety: MAG: Not notable vs. NEM: Notable
Both companies represent the Precious Metals industry
Current volume relative to the 65-day Moving Average: MAG: 147% vs. NEM: 149%
Market capitalization -- MAG: $1.12B vs. NEM: $42B
MAG [@Precious Metals] is valued at $1.12B. NEM’s [@Precious Metals] market capitalization is $42B. The market cap for tickers in the [@Precious Metals] industry ranges from $47.49B to $0. The average market capitalization across the [@Precious Metals] industry is $1.02B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

MAG’s FA Score shows that 0 FA rating(s) are green whileNEM’s FA Score has 1 green FA rating(s).

  • MAG’s FA Score: 0 green, 5 red.
  • NEM’s FA Score: 1 green, 4 red.
According to our system of comparison, NEM is a better buy in the long-term than MAG.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MAG’s TA Score shows that 4 TA indicator(s) are bullish while NEM’s TA Score has 4 bullish TA indicator(s).

  • MAG’s TA Score: 4 bullish, 4 bearish.
  • NEM’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, MAG is a better buy in the short-term than NEM.

Price Growth

MAG (@Precious Metals) experienced а -4.31% price change this week, while NEM (@Precious Metals) price change was -7.74% for the same time period.

The average weekly price growth across all stocks in the @Precious Metals industry was +2.12%. For the same industry, the average monthly price growth was +11.06%, and the average quarterly price growth was +3.61%.

Reported Earning Dates

MAG is expected to report earnings on Mar 26, 2025.

NEM is expected to report earnings on Feb 20, 2025.

Industries' Descriptions

@Precious Metals (+2.12% weekly)

The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NEM($42B) has a higher market cap than MAG($1.12B). NEM has higher P/E ratio than MAG: NEM (36.25) vs MAG (22.98). MAG YTD gains are higher at: 64.169 vs. NEM (11.857). NEM has higher annual earnings (EBITDA): 320M vs. MAG (-13.89M). NEM has more cash in the bank: 3.03B vs. MAG (68.7M). MAG has less debt than NEM: MAG (154K) vs NEM (9.44B). NEM has higher revenues than MAG: NEM (11.8B) vs MAG (0).
MAGNEMMAG / NEM
Capitalization1.12B42B3%
EBITDA-13.89M320M-4%
Gain YTD64.16911.857541%
P/E Ratio22.9836.2563%
Revenue011.8B-
Total Cash68.7M3.03B2%
Total Debt154K9.44B0%
FUNDAMENTALS RATINGS
MAG vs NEM: Fundamental Ratings
MAG
NEM
OUTLOOK RATING
1..100
7952
VALUATION
overvalued / fair valued / undervalued
1..100
94
Overvalued
12
Undervalued
PROFIT vs RISK RATING
1..100
5872
SMR RATING
1..100
6293
PRICE GROWTH RATING
1..100
3756
P/E GROWTH RATING
1..100
8635
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

NEM's Valuation (12) in the Precious Metals industry is significantly better than the same rating for MAG (94). This means that NEM’s stock grew significantly faster than MAG’s over the last 12 months.

MAG's Profit vs Risk Rating (58) in the Precious Metals industry is in the same range as NEM (72). This means that MAG’s stock grew similarly to NEM’s over the last 12 months.

MAG's SMR Rating (62) in the Precious Metals industry is in the same range as NEM (93). This means that MAG’s stock grew similarly to NEM’s over the last 12 months.

MAG's Price Growth Rating (37) in the Precious Metals industry is in the same range as NEM (56). This means that MAG’s stock grew similarly to NEM’s over the last 12 months.

NEM's P/E Growth Rating (35) in the Precious Metals industry is somewhat better than the same rating for MAG (86). This means that NEM’s stock grew somewhat faster than MAG’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MAGNEM
RSI
ODDS (%)
Bearish Trend 2 days ago
82%
Bullish Trend 2 days ago
76%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
80%
Bullish Trend 2 days ago
68%
Momentum
ODDS (%)
Bullish Trend 2 days ago
83%
Bearish Trend 2 days ago
62%
MACD
ODDS (%)
Bullish Trend 2 days ago
80%
Bearish Trend 2 days ago
66%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
77%
Bearish Trend 2 days ago
64%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
78%
Bearish Trend 2 days ago
69%
Advances
ODDS (%)
Bullish Trend 4 days ago
78%
Bullish Trend 15 days ago
74%
Declines
ODDS (%)
Bearish Trend 2 days ago
80%
Bearish Trend 2 days ago
68%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
79%
Bullish Trend 2 days ago
58%
Aroon
ODDS (%)
Bullish Trend 2 days ago
76%
N/A
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MAG
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
NEM
Daily Signalchanged days ago
Gain/Loss if shorted
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MAG and

Correlation & Price change

A.I.dvisor indicates that over the last year, MAG has been closely correlated with PAAS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MAG jumps, then PAAS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MAG
1D Price
Change %
MAG100%
-3.61%
PAAS - MAG
86%
Closely correlated
-3.82%
HL - MAG
82%
Closely correlated
-4.14%
AEM - MAG
80%
Closely correlated
-2.21%
SAND - MAG
79%
Closely correlated
-0.17%
RGLD - MAG
78%
Closely correlated
-3.38%
More

NEM and

Correlation & Price change

A.I.dvisor indicates that over the last year, NEM has been closely correlated with GOLD. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEM jumps, then GOLD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NEM
1D Price
Change %
NEM100%
-3.20%
GOLD - NEM
73%
Closely correlated
-3.64%
AEM - NEM
72%
Closely correlated
-2.21%
RGLD - NEM
69%
Closely correlated
-3.38%
MAG - NEM
66%
Loosely correlated
-3.61%
SAND - NEM
65%
Loosely correlated
-0.17%
More