First Majestic Silver Corporation (NYSE:AG): Buy, Sell Or Hold At $6.73?

In last trading session, First Majestic Silver Corporation (NYSE:AG) saw 7.17 million shares changing hands with its beta currently measuring 1.42. Company’s recent per share price level of $6.73 trading at $0.06 or 0.90% at ring of the bell on the day assigns it a market valuation of $1.93B. That closing price of AG’s stock is at a discount of -25.41% from its 52-week high price of $8.44 and is indicating a premium of 38.04% from its 52-week low price of $4.17. Taking a look at company’s average trading volume volume of 9.00 million if we extend that period to 3-months.

First Majestic Silver Corporation (NYSE:AG) trade information

Upright in the green during last session for gaining 0.90%, in the last five days AG remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $6.73 price level, adding 5.87% to its value on the day. First Majestic Silver Corporation’s shares saw a change of 9.43% in year-to-date performance and have moved -1.03% in past 5-day. First Majestic Silver Corporation (NYSE:AG) showed a performance of 4.50% in past 30-days.

First Majestic Silver Corporation (AG) estimates and forecasts

Statistics highlight that First Majestic Silver Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 23.71% of value to its shares in past 6 months, showing an annual growth rate of 87.50% while that of industry is 2.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -13.90% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 109M for the same. And 1 analysts are in estimates of company making revenue of 116M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.51% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -2.50% while estimates for its earnings growth in next 5 years are of 46.80%.

AG Dividends

First Majestic Silver Corporation is more likely to be releasing its next quarterly report between May 02 and May 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.