During the recent session, First Majestic Silver Corporation (NYSE:AG)’s traded shares were 2.74 million, with the beta value of the company hitting 1.08. At the last check today, the stock’s price was $5.97, reflecting an intraday gain of 2.23% or $0.13. The 52-week high for the AG share is $8.44, that puts it down -41.37 from that peak though still a striking 25.8% gain since the share price plummeted to a 52-week low of $4.43. The company’s market capitalization is $2.89B, and the average trade volume was 16.25 million shares over the past three months.
First Majestic Silver Corporation (AG) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.33. AG has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
First Majestic Silver Corporation (NYSE:AG) trade information
First Majestic Silver Corporation (AG) registered a 2.23% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.23% in intraday trading to $5.97, hitting a weekly high. The stock’s 5-day price performance is 11.17%, and it has moved by -0.83% in 30 days. Based on these gigs, the overall price performance for the year is 21.59%.
The consensus price target of analysts on Wall Street is $8.5, which implies an increase of 29.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8.5 and $8.5 respectively. As a result, AG is trading at a discount of -42.38% off the target high and -42.38% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -11.42%. While earnings are projected to return 256.72% in 2025.
AG Dividends
First Majestic Silver Corporation is due to release its next quarterly earnings in April. 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 0.40 percent, continuing the trend of increasing dividends in recent years.
First Majestic Silver Corporation (NYSE:AG)’s Major holders
The next largest institutional holding, with 10.62 million shares, is of VANGUARD GROUP INC’s that is approximately 3.6992% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $62.9 million.
Also, the Mutual Funds coming in first place with the largest holdings of First Majestic Silver Corporation (AG) shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. Data provided on Dec 31, 2024 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 12.65 shares. This amounts to just over 2.62 percent of the company’s overall shares, with a $73.89 million market value. The same data shows that the other fund manager holds slightly less at 11.0, or about 2.28% of the stock, which is worth about $64.24 million.