Look Past The Setbacks And Give First Majestic Silver Corporation (NYSE: AG) Another Chance

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 19.45M but it saw 16913922 shares traded in last market. With a market cap of 3.24B USD, the company’s current market price of $6.69 came rising about 0.90 while comparing to the previous closing price of $6.63. 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 $6.465 while lowest mark touched by it was $6.72.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $6.64, while its current price level is -20.73% below from 52-week high level whereas it is 51.02% 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 $6.03 while that of 200 days or SMA-200 reads an average of $6.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.64% during that period while stretching the period over a month that increases to 5.13%. 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 55.52 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving -1.47% down while it is 24.35% when we observe its performance for the past one month. Year-to-date it is 21.86% up and over the past year, the stock is showing an upside performance of 7.56%.

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 0.3.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 484.09M with 0.90% of that held by the insiders while 38.32% 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 24.06 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 5.78. Its return on asset (ROA) is -5.15% on average.