Hex #503a50 or rgb(80,58,80) in RGB space is the tint of magenta. It has hue angle of 300.00 degrees, value = 31 and saturation = 28. #503a50 can be obtained by mixing 4 colors: 5 drops of red, 3 drops of blue, 3 drops of cyan, 5 drops of black.
Nearest safe hex - #663366. Below you can see the block with #503a50 color and its structure: in procentage ratio and in drops of pigments. Click "TRY" button to move #503a50 to the mixer and play with it.