First Majestic Silver Corporation. (AG) Is Down -1.76%, As Bears Mark A Loss

NOVA

First Majestic Silver Corporation (NYSE:AG) has a beta value of 1.15 and has seen 3.34 million shares traded in the recent trading session. The company, currently valued at $2.54B, closed the recent trade at $5.30 per share which meant it lost -$0.09 on the day or -1.76% during that session. The AG stock price is -59.25% off its 52-week high price of $8.44 and 19.25% above the 52-week low of $4.28.

The consensus among analysts is that First Majestic Silver Corporation (AG) is Hold stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 4 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.03.

First Majestic Silver Corporation (NYSE:AG) trade information

Sporting -1.76% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AG stock price touched $5.30 or saw a rise of 11.07%. Year-to-date, First Majestic Silver Corporation shares have moved -3.55%, while the 5-day performance has seen it change -5.61%. Over the past 30 days, the shares of First Majestic Silver Corporation (NYSE:AG) have changed -9.33%.

Wall Street analysts have a consensus price target for the stock at $8.5, which means that the shares’ value could jump 37.65% from the levels at last check today. The projected low price target is $8.5 while the price target rests at a high of $8.5. In that case, then, we find that the latest price level in today’s session is -60.38% off the targeted high while a plunge would see the stock gain -60.38% from the levels at last check today.

First Majestic Silver Corporation (AG) estimates and forecasts

The company’s shares have lost -4.59% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1.37%.

2 analysts offering their estimates for the company have set an average revenue estimate of 227.77M for the current quarter.

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.

AG Dividends

First Majestic Silver Corporation is expected to release its next earnings report in March 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 0.34%. The company’s dividend yield has gone up over the past 12 months.

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

The top two institutional holders are VAN ECK ASSOCIATES CORP with over 28.15 million shares worth more than $166.64 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.6389% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 10.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $62.9 million and represent 3.6992% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Nov 30, 2024, the former fund manager holds about 2.78% shares in the company for having 13.31 shares of worth $70.79 million while later fund manager owns 11.66 shares of worth $62.04 million as of Nov 30, 2024, which makes it owner of about 2.43% of company’s outstanding stock.