Weak Fundamental Momentum Sinks First Majestic Silver Corporation

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First Majestic Silver Corporation (NYSE:AG) has a beta value of 1.38 and has seen 8.08 million shares traded in the last trading session. The company, currently valued at $2.02B, closed the last trade at $7.04 per share which meant it gained $0.1 on the day or 1.44% during that session. The AG stock price is -19.89% off its 52-week high price of $8.44 and 40.77% above the 52-week low of $4.17. The 3-month trading volume is 9.21 million shares.

First Majestic Silver Corporation (NYSE:AG) trade information

Sporting 1.44% in the green in last session, the stock has traded in the green over the last five days, when the AG stock price touched $7.04 or saw a rise of 0.98%. Year-to-date, First Majestic Silver Corporation shares have moved 14.47%, while the 5-day performance has seen it change 4.61%. Over the past 30 days, the shares of First Majestic Silver Corporation (NYSE:AG) have changed 26.16%.

First Majestic Silver Corporation (AG) estimates and forecasts

Figures show that First Majestic Silver Corporation shares have outperformed across the wider relevant industry. The company’s shares have gained 31.10% over the past 6 months, with this year growth rate of 87.50%, compared to 8.70% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 15.51% over the past 5 years. Earnings growth for 2024 is a modest -2.50% while over the next 5 years, the company’s earnings are expected to increase by 46.80%.

AG Dividends

First Majestic Silver Corporation is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.02 at a share yield of 0.29%. The company’s dividend yield has gone up over the past 12 months.