Its Stock Has Paid Off Big Time For First Majestic Silver Corporation

With 5.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.15 million shares. During the session, the Silver company that operates in wider Basic Materials sector, reached to the highest price of $5.59 whereas the lowest price it dropped to was $5.46. The 52-week range on AG shows that it touched its highest point at $8.44 and its lowest point at $4.17 during that stretch. It currently has a 1-year price target of $7.99. With its current market cap of 1.68 billion, AG has annualized dividend of $0.02 while the current yield stands at 0.32%. Beta for the stock currently stands at 1.25.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AG was down-trending over the past week, with a drop of -5.45%, but this was down by -12.04% over a month. Three-month performance dropped to -13.28% while six-month performance fell -6.56%. The stock lost -11.34% in the past year, while it has lost -9.75% so far this year. A look at the trailing 12-month EPS for AG yields -0.27 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.06. This implies an EPS growth rate of -87.32% for this year and 270.83% for next year.

Float and Shares Shorts:

At present, 301.72 million AG shares are outstanding with a float of 296.78 million shares on hand for trading. On 2024-11-29, short shares totaled 37.13 million, which was 1230.0 higher than short shares on 1730332800. In addition to Mr. Keith N. Neumeyer as the firm’s Founder, President, CEO & Director, Mr. David Soares C.A., CPA, M.B.A. serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.43186 of AG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AG reported revenue of $146992000.0 and operating income of $7591000.0. The EBITDA in the recently reported quarter was $41550000.0 and diluted EPS was -$0.09.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AG since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AG analysts setting a high price target of 11.0 and a low target of 6.5, the average target price over the next 12 months is 8.75. Based on these targets, AG could surge 97.13% to reach the target high and rise by 16.49% to reach the target low. Reaching the average price target will result in a growth of 56.81% from current levels.

Analysts have provided yearly estimates in a range of -$0.04407647 being high and -$0.28209 being low. For AG, this leads to a yearly average estimate of -$0.14986. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.