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These Numbers Show Favorable Signs for First Majestic Silver Corporation (AG)

First Majestic Silver Corporation (NYSE: AG) is -1.82% lower on its value in year-to-date trading and has touched a low of $4.28 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 $5.44 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $5.39, the stock is -4.92% and -6.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.64 million and changing -0.92% at the moment leaves the stock -13.09% off its SMA200. AG registered 25.64% gain for a year compared to 6-month gain of -2.00%.

The stock witnessed a -3.06% loss in the last 1 month and extending the period to 3 months gives it a -12.78%, and is -5.44% 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 5.43% over the week and 5.59% over the month.

First Majestic Silver Corporation (AG) has around 3746 employees, a market worth around $2.58B and $525.21M in sales. Fwd P/E is 17.79. Profit margin for the company is -14.88%. Distance from 52-week low is 25.79% and -36.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.90%).

with sales reaching $227.77M over the same period.The EPS is expected to shrink by -105.17% this year, but quarterly earnings will post 1.37% year-over-year. Quarterly sales are estimated to grow 23.21% in year-over-year returns.

First Majestic Silver Corporation (AG) Top Institutional Holders

The shares outstanding are 479.32M, and float is at 426.08M with Short Float at 9.51%.

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 9.6389% 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 2.6906% and valued at over $46.51 million, while FIL LTD holds 2.6895 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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