In today’s recent session, 3.86 million shares of the First Majestic Silver Corporation (NYSE:AG) have been traded, and its beta is 1.12. Most recently the company’s share price was $5.73, and it changed around $0.35 or 6.57% from the last close, which brings the market valuation of the company to $2.78B. AG at last check was trading at a discount to its 52-week high of $8.44, offering almost -47.29% off that amount. The share price’s 52-week low was $4.43, which indicates that the recent value has risen by an impressive 22.69% since then.
First Majestic Silver Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended AG as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. First Majestic Silver Corporation is expected to report earnings per share of 0.09 for the current quarter.
First Majestic Silver Corporation (NYSE:AG) trade information
Instantly AG has been showing a green trend so far today with a performance of 6.57% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 4.43% year-to-date, but still up 0.41% over the last five days. On the other hand, First Majestic Silver Corporation (NYSE:AG) is 0.41% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $8.5, which translates to bulls needing to increase their stock price by 32.59% from its current value. Analyst projections state that AG is forecast to be at a low of $8.5 and a high of $8.5.
First Majestic Silver Corporation (AG) estimates and forecasts
The year-over-year growth rate is expected to be 57.96%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 330.64M in revenue for the current quarter. 1 analysts expect First Majestic Silver Corporation to make 340.53M in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 127.27%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.42%.
AG Dividends
First Majestic Silver Corporation’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 0.41 percent and its annual dividend per share was 0.02. It is important to note, however, that the 0.41% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
First Majestic Silver Corporation (NYSE:AG)’s Major holders
VANGUARD GROUP INC, with 3.6992% or 10.62 million shares worth $62.9 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 12.65 shares worth $72.62 million, making up 2.62% of all outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held roughly 11.0 shares worth around $63.14 million, which represents about 2.28% of the total shares outstanding.