On Monday, First Majestic Silver Corporation (NYSE: AG) was -2.78% drop from the session before settling in for the closing price of $6.11. A 52-week range for AG has been $4.17 – $8.44.
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Annual sales at Basic Materials sector company grew by 16.05% over the past five years. When this article was written, the company’s average yearly earnings per share was at -89.82%. With a float of $296.69 million, this company’s outstanding shares have now reached $301.72 million.
Let’s look at the performance matrix of the company that is accounted for 3746 employees. In terms of profitability, gross margin is 10.61%, operating margin of -6.62%, and the pretax margin is -9.39%.
First Majestic Silver Corporation (AG) Insider and Institutional Ownership
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 1.68%, while institutional ownership is 36.90%.
First Majestic Silver Corporation (AG) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.09 earnings per share (EPS) during the time that was better than consensus figure (set at -0.03) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -89.82% per share during the next fiscal year.
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 3.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of First Majestic Silver Corporation (AG)
First Majestic Silver Corporation (NYSE: AG) saw its 5-day average volume 7.37 million, a negative change from its year-to-date volume of 8.42 million. As of the previous 9 days, the stock’s Stochastic %D was 11.97%. Additionally, its Average True Range was 0.29.
During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 41.66%, which indicates a significant increase from 5.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.02% in the past 14 days, which was lower than the 61.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.66, while its 200-day Moving Average is $6.25. Nevertheless, the first resistance level for the watch stands at $6.08 in the near term. At $6.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.31. If the price goes on to break the first support level at $5.85, it is likely to go to the next support level at $5.75. The third support level lies at $5.62 if the price breaches the second support level.
First Majestic Silver Corporation (NYSE: AG) Key Stats
There are 301,616K outstanding shares of the company, which has a market capitalization of 1.79 billion. As of now, sales total 573,800 K while income totals -135,110 K. Its latest quarter income was 146,090 K while its last quarter net income were -26,590 K.
