It’s Not A Fantasy To Think That First Majestic Silver Corporation (AG) Has Big Future Potential

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 16.78M but it saw 27214257 shares traded in last market. With a market cap of 2.97B USD, the company’s current market price of $6.14 came rising about 0.16 while comparing to the previous closing price of $6.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.44 and as low as $4.43. In the recent trading on the day, stock has struck highest price mark of $6.08 while lowest mark touched by it was $6.26.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $5.64, while its current price level is -27.25% below from 52-week high level whereas it is 38.60% 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 $5.68 while that of 200 days or SMA-200 reads an average of $6.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.70% during that period while stretching the period over a month that increases to 5.85%. 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 58.92 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving 5.32% up while it is 7.72% when we observe its performance for the past one month. Year-to-date it is 11.84% up and over the past year, the stock is showing an upside performance of 15.63%.

The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of 0.08 while estimate for next year EPS is 0.28. Moreover, analysts are in estimates of $335.54M for current-quarter revenue.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 484.09M with 0.89% of that held by the insiders while 40.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.49% and return on equity (ROE) at -7.52%. It has a 19.68 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 1.37 while price to sale or P/S ratio amounts to 5.30. Its return on asset (ROA) is -5.15% on average.