In the last trading session, 27.6 million shares of the First Majestic Silver Corporation (NYSE:AG) were traded, and its beta was 0.76. Most recently the company’s share price was $8.55, and it changed around $0.28 or 3.39% from the last close, which brings the market valuation of the company to $4.14B. AG currently trades at a discount to its 52-week high of $8.66, offering almost -1.29% off that amount. The share price’s 52-week low was $4.43, which indicates that the current value has risen by an impressive 48.19% since then. We note from First Majestic Silver Corporation’s average daily trading volume that its 10-day average is 30.83 million shares, with the 3-month average coming to 23.18 million.

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 (NYSE:AG) trade information

Instantly AG has showed a green trend with a performance of 3.39% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 8.62 on recent trading dayincreased the stock’s daily price by 0.81%. The company’s shares are currently up 55.74% year-to-date, but still up 2.15% over the last five days. On the other hand, First Majestic Silver Corporation (NYSE:AG) is 52.41% up in the 30-day period. We can see from the shorts that 24.41 million shares have been sold at a short interest cover period of 1.14 day(s).

The consensus price target as assigned by Wall Street analysts is $8.5, which translates to bulls needing to decrease their stock price by -0.59% 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.

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 on 2025-May-06. The annual dividend yield of the stock is 0.23 percent and its annual dividend per share was 0.02. It is important to note, however, that the 0.23% 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

Upon looking at major shareholders, it appears that insiders hold 0.96% of First Majestic Silver Corporation shares, and 53.30% of them are in the hands of institutional investors. The stock currently has a share float of 53.82%. First Majestic Silver Corporation stock is held by 372.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 9.6389% of the shares, which is about 28.15 million shares worth $166.64 million.

VANGUARD GROUP INC, with 3.6382% or 10.62 million shares worth $62.9 million as of 2024-06-30, holds the second largest percentage of outstanding shares.