27-Mar-2024
No press releases found.
First Majestic Silver Launches Eco-Friendly Mint
TipRanks (Tue, 26-Mar 8:17 AM ET)
First Majestic Launches Eco-Friendly Bullion Sales
TipRanks (Tue, 26-Mar 7:57 AM ET)
First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns three producing mines, in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.
First Majestic Silver Corp. Ordinary Shares (Canada) trades on the NYSE stock market under the symbol AG.
As of March 27, 2024, AG stock price climbed to $5.58 with 7,158,019 million shares trading.
AG has a beta of 0.97, meaning it tends to be less sensitive to market movements. AG has a correlation of 0.05 to the broad based SPY ETF.
AG has a market cap of $1.60 billion. This is considered a Small Cap stock.
Last quarter First Majestic Silver Corp. Ordinary Shares (Canada) reported $137 million in Revenue and -$.03 earnings per share. This beat revenue expectation by $11 million and exceeded earnings estimates by $.01.
In the last 3 years, AG stock traded as high as $18.93 and as low as $4.17.
The top ETF exchange traded funds that AG belongs to (by Net Assets): GDX, GDXJ, SIL, DFIC, DFAX.
AG has underperformed the market in the last year with a return of -16.4%, while the SPY ETF gained +33.6%. In the last 3 month period, AG fell short of the market, returning -13.0%, while SPY returned +10.1%. However, in the most recent 2 weeks AG has outperformed the stock market by returning +1.8%, while SPY returned +1.7%.
AG support price is $5.05 and resistance is $5.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AG stock will trade within this expected range on the day.