First Majestic Silver Corp. (NYSE:AG) finished Tuesday with an addition of $0.17 to close at $11.01, an upside of 1.57 percent. An average of 4,526,720 shares of common stock have been traded in the last five days. There was a fall of -$0.06 in the past week. The last 20 days have seen an average of 4,231,440 shares traded, while the 50-day average volume stands at 3,847,838.
AG stock has decreased by -13.44% in the last month. The company shares reached their 1-month lowest point of $10.45 on 10/05/21. With the stock rallying to its 52-week high on 02/01/21, shares of the company touched a low of $9.41 and a high of $24.01 in 52 weeks. In spite of this, the price is down -54.14% from the 52-week high.
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First Majestic Silver Corp. (AG) has a trailing price-to-earnings (P/E) ratio of 42.18, which compares with the 20.90 for the broader industry and 13.02 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, First Majestic Silver Corp.’s PE ratio has ranged between 260.33 and 29.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.57, the price-to-book (PB) ratio at 2.86.
First Majestic Silver Corp. pays a $0.02 dividend per share annually. It offers a dividend yield of 0.18%. The company’s most recent quarterly dividend payment took place on Sep. 16, and it was $0.0060 a share, representing a up of 25.0 from $0.0045 last year. Its dividend has been increased for the last 1 consecutive years with the latest increase dividend $0.0015 reported on Wednesday August 18 2021.
First Majestic Silver Corp. will next go ex-dividend on Corp. The next dividend payment First Majestic Silver Corp. will make is expected to be $24-Nov.
On the profitability front, the trailing 12-month gross margin 5-year average of 13.1%. First Majestic Silver Corp.’s EBITDA margin for the year ending June 29 is 32.09%. Its gross profit as reported stood at $159.46 million compared to revenue of $363.88 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. First Majestic Silver Corp.’s return on assets was -6.3% over the last five years. For the broader industry, ROE averaged -13.62 over the past year.
The analyst consensus anticipated First Majestic Silver Corp.’s latest quarter earnings to come in at $0.08 per share, but it turned out to be $0.05, a -37.50% surprise. For the quarter, EBITDA amounted to $45.63 million.
From a technical analysis perspective, let’s take a brief look at First Majestic Silver Corp. (AG) price momentum. RSI 9-day as of the close on 05 October was 33.74%, suggesting the stock is Neutral, with historical volatility in this time frame at 35.70%.
As of today, AG’s price is $11.09 -0.54% or -$0.06 from its 5-day moving average. AG is currently trading -12.13% lower than its 20-day SMA and -31.19% lower than its 100-day SMA. However, the stock’s current price level is -14.98% below the SMA50 and -12.41% below the SMA200.
The stochastic %K and %D were 14.64% and 12.64%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 24.45% and the average true range at 0.51, the RSI (14) stands at 35.92%. The stock has reached -0.39 on the 9-day MACD Oscillator while the 14-day reading was at -0.68.
TD Securities upgraded First Majestic Silver Corp. (NYSE: AG) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a a Hold.The consensus rating for First Majestic Silver Corp. (AG) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AG, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 1 others rate it as a “buy”.
What is AG’s price target for the next 12 months?
Analysts predict a range of price targets between $10.65 and $25.00, with a median target of $14.97. Taking a look at these predictions, the average price target given by analysts for First Majestic Silver Corp. (AG) stock is $16.13.