After A -0.58% Drop In The Last Week, Does First Majestic Silver Corporation (NYSE: AG) Still Make Sense To Buy?

During the last session, First Majestic Silver Corporation (NYSE:AG)’s traded shares were 5.68 million, with the beta value of the company hitting 1.39. At the end of the trading day, the stock’s price was $6.80, reflecting an intraday loss of -0.29% or -$0.02. The 52-week high for the AG share is $8.44, that puts it down -24.12 from that peak though still a striking 38.68% gain since the share price plummeted to a 52-week low of $4.17. The company’s market capitalization is $1.95B, and the average trade volume was 9.16 million shares over the past three months.

First Majestic Silver Corporation (NYSE:AG) trade information

First Majestic Silver Corporation (AG) registered a -0.29% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.29% in intraday trading to $6.80, hitting a weekly high. The stock’s 5-day price performance is -0.58%, and it has moved by 27.82% in 30 days. Based on these gigs, the overall price performance for the year is -4.36%.

First Majestic Silver Corporation (AG) estimates and forecasts

Statistics show that First Majestic Silver Corporation has outperformed its competitors in share price, compared to the industry in which it operates. First Majestic Silver Corporation (AG) shares have gone up 24.09% during the last six months, with a year-to-date growth rate more than the industry average at 87.50% against 6.00. In the rating firms’ projections, revenue will decrease -13.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 109M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 116M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.51%. While earnings are projected to return -2.50% in 2024, the next five years will return 46.80% per annum.

AG Dividends

First Majestic Silver Corporation is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for First Majestic Silver Corporation is 0.02, with the dividend yield indicating at 0.30 percent, continuing the trend of increasing dividends in recent years.

First Majestic Silver Corporation (NYSE:AG)’s Major holders