First Majestic Silver Corporation (AG) with a beta value of 1.40 appears to be a promising investment opportunity.

First Majestic Silver Corporation (NYSE: AG) on Friday, plunged -5.53% from the previous trading day, before settling in for the closing price of $7.96. Within the past 52 weeks, AG’s price has moved between $4.17 and $8.34.

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Basic Materials Sector giant saw their annual sales surged by 16.05% over the last five years. The company achieved an average annual earnings per share of 27.52%. With a float of $280.46 million, this company’s outstanding shares have now reached $287.15 million.

First Majestic Silver Corporation (AG) Breakdown of a Key Holders of the stock

Observing investor behavior towards Silver industry stocks is more important than anything else. The insider ownership of First Majestic Silver Corporation is 2.36%, while institutional ownership is 29.75%.

First Majestic Silver Corporation (AG) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 155.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 27.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.80% during the next five years compared to 15.51% growth over the previous five years of trading.

First Majestic Silver Corporation (NYSE: AG) Trading Performance Indicators

First Majestic Silver Corporation (AG) is currently performing well based on its current performance indicators. A quick ratio of 2.04 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.20 in one year’s time.

Technical Analysis of First Majestic Silver Corporation (AG)

Analysing the last 5-days average volume posted by the [First Majestic Silver Corporation, AG], we can find that recorded value of 15.2 million was better than the volume posted last year of 8.66 million. As of the previous 9 days, the stock’s Stochastic %D was 75.76%. Additionally, its Average True Range was 0.45.

During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 78.45%, which indicates a significant increase from 71.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.45% in the past 14 days, which was higher than the 60.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.46, while its 200-day Moving Average is $5.59. Now, the first resistance to watch is $8.17. This is followed by the second major resistance level at $8.83. The third major resistance level sits at $9.22. If the price goes on to break the first support level at $7.13, it is likely to go to the next support level at $6.74. Now, if the price goes above the second support level, the third support stands at $6.09.

First Majestic Silver Corporation (NYSE: AG) Key Stats

Market capitalization of the company is 2.16 billion based on 287,147K outstanding shares. Right now, sales total 573,800 K and income totals -135,110 K. The company made 136,950 K in profit during its latest quarter, and 10,230 K in sales during its previous quarter.