First Majestic Silver Corporation (NYSE: AG) is -2.73% lower on its value in year-to-date trading and has touched a low of $4.17 and a high of $8.44 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 $5.27 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $5.34, the stock is -5.66% and -10.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.19 million and changing 1.33% at the moment leaves the stock -15.10% off its SMA200. AG registered 9.65% gain for a year compared to 6-month loss of -8.56%. The firm has a 50-day simple moving average (SMA 50) of $5.9364 and a 200-day simple moving average (SMA200) of $6.2899.
The stock witnessed a -4.30% gain in the last 1 month and extending the period to 3 months gives it a -31.71%, and is -6.81% down 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 4.60% over the week and 5.14% over the month.
First Majestic Silver Corporation (AG) has around 3746 employees, a market worth around $2.63B and $525.21M in sales. Fwd P/E is 18.35. Profit margin for the company is -14.88%. Distance from 52-week low is 28.06% and -36.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.90%).
with sales reaching $225.63M over the same period.The EPS is expected to shrink by -97.85% this year, but quarterly earnings will post 1.05% year-over-year. Quarterly sales are estimated to grow 22.05% in year-over-year returns.
First Majestic Silver Corporation (AG) Top Institutional Holders
319.0 institutions hold shares in First Majestic Silver Corporation (AG), with institutional investors hold 36.85% of the company’s shares. The shares outstanding are 491.86M, and float is at 392.05M with Short Float at 10.04%. Institutions hold 36.52% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 28.15 million shares valued at $166.64 million. The investor’s holdings represent 9.8005% of the AG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.62 million shares valued at $62.9 million to account for 3.6992 of the shares outstanding. The other top investors are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. which holds 7.86 million shares representing 2.7357% and valued at over $46.51 million, while FIL LTD holds 2.7346 of the shares totaling 7.85 million with a market value of $46.5 million.
First Majestic Silver Corporation (AG) Insider Activity
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