No press releases found.
Buy Rating Affirmed: First Majestic Silver’s Steady Performance and Strategic Advancements
TipRanks (Fri, 19-Apr 6:15 AM ET)
TipRanks (Wed, 17-Apr 7:40 AM ET)
Benzinga (Tue, 16-Apr 2:17 PM ET)
First Majestic Silver slides as Q1 production fell sharply
Seeking Alpha News (Tue, 16-Apr 10:58 AM ET)
First Majestic Silver’s Strong Start in 2024
TipRanks (Tue, 16-Apr 8:09 AM ET)
First Majestic Reports Strong Q1 2024 Production
TipRanks (Tue, 16-Apr 7:27 AM ET)
First Majestic Silver Sets Annual Meeting Date
TipRanks (Mon, 15-Apr 9:02 PM 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 April 19, 2024, AG stock price declined to $6.73 with 9,925,585 million shares trading.
AG has a beta of 0.53, meaning it tends to be less sensitive to market movements. AG has a correlation of 0.01 to the broad based SPY ETF.
AG has a market cap of $1.93 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, DFIS.
AG has underperformed the market in the last year with a price return of -6.9% while the SPY ETF gained +21.2%. However, in the short term, AG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +44.8% vs +4.3% return in SPY. But in the last 2 weeks, AG shares have been beat by the market, returning -10.3% compared to an SPY return of -3.5%.
AG support price is $6.45 and resistance is $7.09 (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.