First Majestic Silver Corporation (NYSE:AG)’s traded shares stood at 2.69 million during the latest session, with the company’s beta value hitting 0.96. At the last check today, the stock’s price was $6.78, to imply a decrease of -3.97% or -$0.28 in intraday trading. The AG share’s 52-week high remains $8.44, putting it -24.48% down since that peak but still an impressive 34.66% since price per share fell to its 52-week low of $4.43. The company has a valuation of $3.28B, with an average of 22.69 million shares in intraday trading volume over the past 10 days and average of 18.39 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for First Majestic Silver Corporation (AG), translating to a mean rating of 2.33. Of 4 analyst(s) looking at the stock, 0 analyst(s) give AG a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.08.
First Majestic Silver Corporation (NYSE:AG) trade information
After registering a -3.97% downside in the latest session, First Majestic Silver Corporation (AG) has traded red over the past five days. The 5-day price performance for the stock is 1.50%, and 17.71% over 30 days. With these gigs, the year-to-date price performance is 23.50%. Short interest in First Majestic Silver Corporation (NYSE:AG) saw shorts transact 24.37 million shares and set a 1.3 days time to cover.
The extremes give us $8.5 and $8.5 for target low and target high price respectively. As such, AG has been trading -25.37% off suggested target high and -25.37% from its likely low.
First Majestic Silver Corporation (AG) estimates and forecasts
The rating firms project that company’s revenue will grow 59.46% compared to the previous financial year. Revenue forecast for the current quarter as set by 1 analysts is 332.89M.
AG Dividends
First Majestic Silver Corporation has its next earnings report out on 2025-Feb-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. First Majestic Silver Corporation has a forward dividend ratio of 0.02, with the share yield ticking at 0.35% to continue the rising pattern observed over the past year.
First Majestic Silver Corporation (NYSE:AG)’s Major holders
First Majestic Silver Corporation insiders hold 0.90% of total outstanding shares, with institutional holders owning 38.61% of the shares at 38.96% float percentage. In total, 38.61% institutions holds shares in the company, led by VAN ECK ASSOCIATES CORP. As of 2024-06-30, the company held over 28.15 million shares (or 9.6389% of shares), all amounting to roughly $166.64 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 10.62 million shares, or about 3.6992% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $62.9 million.
We also have VanEck Junior Gold Miners ETF and Amplify Junior Silver Miners ETF as the top two Mutual Funds with the largest holdings of the First Majestic Silver Corporation (AG) shares. Going by data provided on Jan 31, 2025, VanEck Junior Gold Miners ETF holds roughly 13.77 shares. This is just over 2.85% of the total shares, with a market valuation of $94.81 million. Data from the same date shows that the other fund manager holds a little less at 13.54, or 2.81% of the shares, all valued at about 93.19 million.
