First Majestic Silver Corporation (NYSE:AG) has a beta value of 0.81 and has seen 2.84 million shares traded in the recent trading session. The company, currently valued at $3.18B, closed the recent trade at $6.56 per share which meant it lost -$0.07 on the day or -1.00% during that session. The AG stock price is -28.66% off its 52-week high price of $8.44 and 32.47% above the 52-week low of $4.43. If we look at the company’s 10-day average daily trading volume, we find that it stood at 19.7 million shares traded. The 3-month trading volume is 19.45 million shares.
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 0.08.
First Majestic Silver Corporation (NYSE:AG) trade information
Sporting -1.00% 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 $6.56 or saw a rise of 7.61%. Year-to-date, First Majestic Silver Corporation shares have moved 19.55%, while the 5-day performance has seen it change -3.34%. Over the past 30 days, the shares of First Majestic Silver Corporation (NYSE:AG) have changed 22.00%. Short interest in the company has seen 22.42 million shares shorted with days to cover at 1.04.
Wall Street analysts have a consensus price target for the stock at $8.5, which means that the shares’ value could jump 22.82% 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 -29.57% off the targeted high while a plunge would see the stock gain -29.57% from the levels at last check today.
First Majestic Silver Corporation (AG) estimates and forecasts
The company’s shares have gained 9.39% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 62.92%. 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 -11.42% over the past 5 years.
AG Dividends
First Majestic Silver Corporation is expected to release its next earnings report on 2025-Feb-19 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 0.29%. The company’s dividend yield has gone up over the past 12 months.
First Majestic Silver Corporation (NYSE:AG)’s Major holders
Insiders own 0.90% of the company shares, while shares held by institutions stand at 38.32% with a share float percentage of 38.67%. Investors are also buoyed by the number of investors in a company, with First Majestic Silver Corporation having a total of 327.0 institutions that hold shares in the company. 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 Amplify ETF Trust-Amplify Junior Silver Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Dec 31, 2024, the former fund manager holds about 2.80% shares in the company for having 13.54 shares of worth $89.27 million while later fund manager owns 13.21 shares of worth $87.13 million as of Feb 28, 2025, which makes it owner of about 2.73% of company’s outstanding stock.