Home  »  Finance   »  Why First Majestic Silver Corp. (AG) Stock Could S...

Why First Majestic Silver Corp. (AG) Stock Could See Much Higher Prices Ahead

First Majestic Silver Corp. (NYSE: AG) is -24.48% lower on its value in year-to-date trading and has touched a low of $6.31 and a high of $14.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AG stock was last observed hovering at around $7.62 in the last trading session, with the day’s gains setting it 0.77% off its average median price target of $9.65 for the next 12 months. It is also 30.08% off the consensus price target high of $12.00 offered by 6 analysts, but current levels are -18.17% lower than the price target low of $7.10 for the same period.

Currently trading at $8.39, the stock is 11.86% and 10.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.28 million and changing 10.10% at the moment leaves the stock -13.56% off its SMA200. AG registered -26.01% loss for a year compared to 6-month loss of -38.22%.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.


The stock witnessed a 19.86% gain in the last 1 month and extending the period to 3 months gives it a 22.30%, and is 28.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.38% over the week and 5.69% over the month.

Current P/E ratio is 4195.00 and Fwd P/E is 20.46. Distance from 52-week low is 32.96% and -42.81% from its 52-week high.

First Majestic Silver Corp. (AG) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for First Majestic Silver Corp. (AG) is a “Hold”. 6 analysts offering their recommendations for the stock have an average rating of 2.30, where 4 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

The EPS is expected to shrink by -550.00% this year.

First Majestic Silver Corp. (AG) Top Institutional Holders

The shares outstanding are 262.76M, and float is at 236.83M with Short Float at 7.90%.

First Majestic Silver Corp. (AG): Who are the competitors?

The company’s main competitors (and peers) include Hecla Mining Company (HL) that is trading -22.08% down over the past 12 months and Endeavour Silver Corp. (EXK) that is -15.72% lower over the same period. Pan American Silver Corp. (PAAS) is -26.97% down on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Receive Best Stock To Trade Before The Opening Bell



100% Free. Stop Anytime. No Spam




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.