First Majestic Silver Corp. (NYSE:AG) currently has a daily average trading volume of 6.95M but it saw 5198639 shares traded on Thursday. With a market cap of 1.58B USD, stock’s current market price of $5.76 came falling about -3.19 while comparing to the previous closing price of $5.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.81 and as low as $5.53. In the recent trading on the day, stock has struck highest price mark of $5.93 while lowest mark touched by it was $5.74.
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Taking a look at 20-day trading activity of First Majestic Silver Corp. (AG) gives us an average price of $6.51, while its current price level is -41.28% below from 52-week high level whereas it is 4.16% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.88 while that of 200 days or SMA-200 reads an average of $7.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.78% during that period while stretching the period over a month that increases to 3.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.75 which implies that the stock is in oversold territory.
Over the week, AG’s stock price is moving -6.49% down while it is -17.83% when we observe its performance for the past one month. Year-to-date it is -30.94% down and over the past year, the stock is showing a downside performance of -30.10%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0 beat the consensus estimate of -$0.01 for the same. For AG, analysts are forecasting an EPS-growth rate of 152.40% for current year and estimate for EPS growth in next year is 390.90%.
Currently, First Majestic Silver Corp.’s total number of outstanding shares is 274.49M with 2.32% of that held by the insiders while 36.52% of its common stock has been owned by the institutions. It has a 10.67 of forward P/E ratio. Stock has a price to book (P/B) ratio of 1.19 while price to sale or P/S ratio amounts to 2.53.
A filing at the U.S. Securities and Exchange Commission revealed that VanEck Gold Miners ETF came shrinking its share ownership by 0.13% in the First Majestic Silver Corp. (AG) increasing its stake to 5.48% with control over 20075.0 shares in the company.
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