First Majestic Silver Corporation (NYSE: AG) is -0.91% lower on its value in year-to-date trading and has touched a low of $4.43 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 $5.58 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $5.44, the stock is -18.21% and -9.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.42 million and changing -2.51% at the moment leaves the stock -10.43% off its SMA200. AG registered -27.47% loss for a year compared to 6-month loss of -14.33%. The firm has a 50-day simple moving average (SMA 50) of $6.039 and a 200-day simple moving average (SMA200) of $6.07325.
The stock witnessed a -7.95% gain in the last 1 month and extending the period to 3 months gives it a -6.04%, and is -18.68% 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 8.11% over the week and 5.83% over the month.
Fwd P/E is 19.57. Profit margin for the company is -18.17%. Distance from 52-week low is 22.80% and -35.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.49%).
The EPS is expected to grow by 271.43% this year, but quarterly earnings will post 62.92% year-over-year.
First Majestic Silver Corporation (AG) Top Institutional Holders
327.0 institutions hold shares in First Majestic Silver Corporation (AG), with institutional investors hold 38.67% of the company’s shares. The shares outstanding are 484.09M, and float is at 433.86M with Short Float at 5.17%. Institutions hold 38.32% 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 9.6389% 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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Still, SEC filings show that on Mar 18 ’25, Hanneman Karl L (Separated Affiliate within 90 ) Proposed Sale 25,500 shares at an average price of $7.36 for $0.19 million. The insider now directly holds shares of First Majestic Silver Corporation (AG).
