First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 7.31M but it saw 10514118 shares traded in last market. With a market cap of 1.93B USD, the company’s current market price of $6.40 came falling about -1.23 while comparing to the previous closing price of $6.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.44 and as low as $4.17. In the recent trading on the day, stock has struck highest price mark of $6.37 while lowest mark touched by it was $6.5485.
Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $5.63, while its current price level is -24.17% below from 52-week high level whereas it is 53.48% 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 $5.64 while that of 200 days or SMA-200 reads an average of $5.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.33% during that period while stretching the period over a month that increases to 5.14%. 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 62.49 which implies that the stock is in neutral territory.
Over the week, AG’s stock price is moving 9.03% up while it is 10.15% when we observe its performance for the past one month. Year-to-date it is 4.07% up and over the past year, the stock is showing an upside performance of 26.73%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.04 beaten by the consensus estimate of 0.02 for the same. The company is expected to be releasing its next quarterly report on 2024-Oct-31, for which analysts forecasted an EPS of 0.03 while estimate for next year EPS is -0.08. In next quarter, company is expected to be making quarterly sales of $148M as analysts are expecting the sales for current fiscal year at $525.96M and seeing the company making $614.72M in sales next year. Moreover, analysts are in estimates of $136M for current-quarter revenue.
Currently, First Majestic Silver Corporation’s total number of outstanding shares is 301.62M with 2.14% of that held by the insiders while 38.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -4.89% and return on equity (ROE) at -5.73%. It has a 35.23 of forward P/E ratio. Stock’s beta reads 1.36. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 3.77. Its return on asset (ROA) is -3.94% on average.
