Can First Majestic Silver Corporation’s (AG) drop of -9.33% in a week be considered a lucky break?

Shaun Noe

A new trading day began on Tuesday, with First Majestic Silver Corporation (NYSE: AG) stock price down -7.67% from the previous day of trading, before settling in for the closing price of $12.52. AG’s price has ranged from $5.09 to $15.69 over the past 52 weeks.

Annual sales at Basic Materials sector company slipped by -11.42% over the past five years. Meanwhile, its annual earnings per share averaged 285.98%. With a float of $456.96 million, this company’s outstanding shares have now reached $487.25 million.

First Majestic Silver Corporation (AG) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Silver Industry. The insider ownership of First Majestic Silver Corporation is 6.47%, while institutional ownership is 47.76%. The most recent insider transaction that took place on Jun 05 ’25, was worth 16,820,000. Before that another transaction happened on Jun 02 ’25, when Company’s Recent Affiliate proposed sale 5,000,000 for $6.88, making the entire transaction worth $34,400,000.

First Majestic Silver Corporation (AG) Latest Financial update

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.03 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

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

Here are First Majestic Silver Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.83. Likewise, its price to free cash flow for the trailing twelve months is 56.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.38 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 16.39 million, a negative change from its year-to-date volume of 21.27 million. As of the previous 9 days, the stock’s Stochastic %D was 39.35%.

During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 48.05%, which indicates a significant increase from 2.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.63 in the past 14 days, which was higher than the 0.51 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.73, while its 200-day Moving Average is $8.16. Nevertheless, the first resistance level for the watch stands at $11.94 in the near term. At $12.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.55. If the price goes on to break the first support level at $11.33, it is likely to go to the next support level at $11.09. The third support level lies at $10.72 if the price breaches the second support level.

First Majestic Silver Corporation (NYSE: AG) Key Stats

With a market capitalization of 5.65 billion, the company has a total of 490,029K Shares Outstanding. Currently, annual sales are 560,600 K while annual income is -101,890 K. The company’s previous quarter sales were 264,230 K while its latest quarter income was 52,550 K.

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