No matter how cynical the overall market is, First Majestic Silver Corporation (AG) performance over the last week is recorded -2.10%

First Majestic Silver Corporation (NYSE: AG) kicked off on Monday, down -2.26% from the previous trading day, before settling in for the closing price of $6.19. Over the past 52 weeks, AG has traded in a range of $4.17-$8.44.

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Basic Materials Sector giant saw their annual sales surged by 16.05% over the last five years. While this was happening, its average annual earnings per share was recorded -110.42%. With a float of $296.63 million, this company’s outstanding shares have now reached $301.62 million.

The firm has a total of 3746 workers. Let’s measure their productivity.

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

Our next focus will be how large-scale investors are participating in this stock of the Silver Industry. The insider ownership of First Majestic Silver Corporation is 1.65%, while institutional ownership is 31.34%.

First Majestic Silver Corporation (AG) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.04 earnings per share (EPS), lower than consensus estimate (set at 0.02) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -110.42% 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

Take a look at First Majestic Silver Corporation’s (AG) current performance indicators. Last quarter, stock had a quick ratio of 2.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.17 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 13.69 million was better than the volume posted last year of 7.9 million. As of the previous 9 days, the stock’s Stochastic %D was 85.53%. Additionally, its Average True Range was 0.30.

During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 44.26%, which indicates a significant decrease from 83.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.01% in the past 14 days, which was higher than the 59.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.65, while its 200-day Moving Average is $5.92. Now, the first resistance to watch is $6.25. This is followed by the second major resistance level at $6.44. The third major resistance level sits at $6.55. If the price goes on to break the first support level at $5.95, it is likely to go to the next support level at $5.84. Now, if the price goes above the second support level, the third support stands at $5.65.

First Majestic Silver Corporation (NYSE: AG) Key Stats

The company with the Market Capitalisation of 1.82 billion has total of 290,273K Shares Outstanding. Its annual sales at the moment are 573,800 K in contrast with the sum of -135,110 K annual income. Company’s last quarter sales were recorded 136,170 K and last quarter income was -48,250 K.