First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 9.15M but it saw 12199354 shares traded in last market. With a market cap of 2.35B USD, the company’s current market price of $7.79 came falling about -1.64 while comparing to the previous closing price of $7.92. 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 $7.59 while lowest mark touched by it was $7.8185.
Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $6.62, while its current price level is -7.70% below from 52-week high level whereas it is 86.81% 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 $6.04 while that of 200 days or SMA-200 reads an average of $5.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.39% during that period while stretching the period over a month that decreases to 4.51%. 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 72.18 which implies that the stock is in overbought territory.
Over the week, AG’s stock price is moving 19.85% up while it is 20.22% when we observe its performance for the past one month. Year-to-date it is 26.67% up and over the past year, the stock is showing an upside performance of 42.15%.
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-Nov-07, for which analysts forecasted an EPS of 0.01 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 $535M and seeing the company making $677.37M in sales next year. Moreover, analysts are in estimates of $142M for current-quarter revenue.
Currently, First Majestic Silver Corporation’s total number of outstanding shares is 301.62M. Company’s return on investment (ROI) stands at -4.89% and return on equity (ROE) at -5.73%. It has a 31.41 of forward P/E ratio. Stock’s beta reads 1.34. Stock has a price to book (P/B) ratio of 1.69 while price to sale or P/S ratio amounts to 4.59. Its return on asset (ROA) is -3.94% on average.
