First Majestic Silver Corp. (NYSE:AG) saw a downside of -1.06% to close Monday at $11.22 after subtracting -$0.12 on the day. The 5-day average trading volume is 3,719,560 shares of the company’s common stock. It has gained $11.77 in the past week. An average of 4,218,670 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,834,696.
AG’s 1-month performance is -8.11% or -$0.99 on its low of $10.45 reached on 10/05/21. The company’s shares have touched a 52-week low of $9.62 and high of $24.01, with the stock’s rally to the 52-week high happening on 02/01/21. YTD, AG has lost -16.52% or -$2.22. However, the current price is down -53.27%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 260.33 and a low of 29.30. AG stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.67 while the price-to-book (PB) in the most recent quarter is 2.91.
First Majestic Silver Corp. pays an annual dividend of $0.02 per share. Its dividend yield is 0.18%. AG’s most recent quarterly dividend payment was made on Sep. 16, when it paid $0.0060 a share compared with prior rate of $0.0045, up 25.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.0015 reported on Wednesday August 18 2021.
It is projected that First Majestic Silver Corp.’s next ex-dividend date will be on Corp. AG is expected to distribute $24-Nov as its next dividend.
The trailing 12-month EBITDA margin is 32.09%. The firm’s gross profit as reported stood at $159.46 million against revenue of $363.88 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected AG to announce $0.08 per share in earnings in its latest quarter, but it posted $0.05, representing a -37.50% surprise. EBITDA for the quarter stood at more than $45.63 million. AG stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 632.69 million, with total debt at $192.6 million
Let’s look briefly at First Majestic Silver Corp. (AG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 41.42% to suggest the stock is trending Neutral, with historical volatility in this time period at 38.46%.
The stock’s 5-day moving average is $11.11, reflecting a +2.56% or $0.28 change from its current price. AG is currently trading -11.65% above its 20-day SMA, -34.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -18.16% and -11.44% respectively.
Stochastic %K and %D was 34.06% and 29.60% and the average true range (ATR) pointed at 0.49. The RSI (14) points at 40.56%, while the 14-day stochastic is at 33.62% with the period’s ATR at 0.51. The stock’s 9-day MACD Oscillator is pointing at 0.10 and -0.18 on the 14-day charts.
In the most recent analyst report for First Majestic Silver Corp. (NYSE: AG), TD Securities upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for AG stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate AG as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 1 have offered a “buy” rating.
What is AG’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.65 and a high of $25.00, with their median price target at $14.97. Looking at these predictions, the average price target given by analysts is for First Majestic Silver Corp. (AG) stock is $16.13.