First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 7.89M but it saw 19119754 shares traded in last market. With a market cap of 2.15B USD, the company’s current market price of $7.50 came falling about -0.13 while comparing to the previous closing price of $7.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.07 and as low as $4.17.
Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $5.74, while its current price level is -7.06% below from 52-week high level whereas it is 79.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.09 while that of 200 days or SMA-200 reads an average of $5.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.51% during that period while stretching the period over a month that decreases to 5.47%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 81.60 which implies that the stock is in overbought territory.
Over the week, AG’s stock price is moving 34.41% up while it is 52.75% when we observe its performance for the past one month. Year-to-date it is 21.95% up and over the past year, the stock is showing an upside performance of 3.45%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of -$0.03 beat the consensus estimate of -$0.04 for the same. For AG, analysts are forecasting an EPS-growth rate of 87.50% for current year and estimate for EPS growth in next year is 2,600.00%. In next quarter, company is expected to be making quarterly sales of $116 million as analysts are expecting the sales for current fiscal year at $488.86 million and seeing the company making $491.66 million in sales next year. Moreover, analysts are in estimates of $124 million for current-quarter revenue.
Currently, First Majestic Silver Corporation’s total number of outstanding shares is 287.15M with 2.22% of that held by the insiders while 35.95% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.46% and return on equity (ROE) at -9.76%. It has a 40.54 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 1.59 while price to sale or P/S ratio amounts to 3.75. Its return on asset (ROA) is -6.61% on average.
