On Monday, First Majestic Silver Corporation (NYSE: AG) was 6.57% up from the session before settling in for the closing price of $6.09. A 52-week range for AG has been $4.17 – $8.44.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 16.05% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -89.82%. With a float of $296.78 million, this company’s outstanding shares have now reached $301.72 million.
In an organization with 3746 employees, it is important to assess its efficiency. 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 36.89%.
First Majestic Silver Corporation (AG) Latest Financial update
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 3.73.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 8.94 million. That was better than the volume of 8.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 49.47%. Additionally, its Average True Range was 0.32.
During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 56.83%, which indicates a significant decrease from 62.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.81% in the past 14 days, which was lower than the 61.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.65, while its 200-day Moving Average is $6.29. However, in the short run, First Majestic Silver Corporation’s stock first resistance to watch stands at $6.78. Second resistance stands at $7.06. The third major resistance level sits at $7.28. If the price goes on to break the first support level at $6.28, it is likely to go to the next support level at $6.06. The third support level lies at $5.78 if the price breaches the second support level.
First Majestic Silver Corporation (NYSE: AG) Key Stats
There are 301,764K outstanding shares of the company, which has a market capitalization of 1.96 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.
