On Monday, First Majestic Silver Corporation (NYSE: AG) was -4.02% drop from the session before settling in for the closing price of $6.47. A 52-week range for AG has been $4.17 – $8.44.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 16.05%. When this article was written, the company’s average yearly earnings per share was at -89.82%. With a float of $296.63 million, this company’s outstanding shares have now reached $301.62 million.
Let’s determine the extent of company efficiency that accounts for 3746 employees. In terms of profitability, gross margin is 7.46%, operating margin of -9.42%, and the pretax margin is -13.78%.
First Majestic Silver Corporation (AG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward First Majestic Silver Corporation stocks. The insider ownership of First Majestic Silver Corporation is 1.65%, while institutional ownership is 31.87%.
First Majestic Silver Corporation (AG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -89.82% 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
You can see what First Majestic Silver Corporation (AG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of First Majestic Silver Corporation (AG)
Looking closely at First Majestic Silver Corporation (NYSE: AG), its last 5-days average volume was 10.62 million, which is a jump from its year-to-date volume of 8.3 million. As of the previous 9 days, the stock’s Stochastic %D was 13.88%. Additionally, its Average True Range was 0.37.
During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 49.10%, which indicates a significant increase from 11.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.97% in the past 14 days, which was lower than the 61.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.43, while its 200-day Moving Average is $6.13. However, in the short run, First Majestic Silver Corporation’s stock first resistance to watch stands at $6.34. Second resistance stands at $6.47. The third major resistance level sits at $6.65. If the price goes on to break the first support level at $6.03, it is likely to go to the next support level at $5.85. Should the price break the second support level, the third support level stands at $5.72.
First Majestic Silver Corporation (NYSE: AG) Key Stats
There are 301,616K outstanding shares of the company, which has a market capitalization of 2.50 billion. As of now, sales total 573,800 K while income totals -135,110 K. Its latest quarter income was 136,170 K while its last quarter net income were -48,250 K.
