First Majestic Silver Stock Today
| AG Stock | USD 6.77 0.07 1.02% |
Performance13 of 100
| Odds Of DistressLess than 16
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First Majestic is trading at 6.77 as of the 18th of April 2024. This is a -1.02 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.74. First Majestic has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for First Majestic Silver are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 15th of December 2010 | Category Basic Materials |
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada. The company has 287.15 M outstanding shares of which 19.93 M shares are presently sold short in the market by investors with about 2.52 days to cover all shorted shares. More on First Majestic Silver
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
First Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Majestic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Majestic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Keith Neumeyer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Precious Metals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Philadelphia GoldSilver, Stlmt ID PHLX, Precious Metals, Materials, Metals & Mining, Silver, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering First Majestic report their recommendations after researching First Majestic's financial statements, talking to executives and customers, or listening in on First Majestic's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering First Majestic Silver. The First consensus assessment is calculated by taking the average forecast from all of the analysts covering First Majestic. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from First Majestic's historical financial statements, First Majestic Silver is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of First Majestic Silver is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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First Majestic's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to First Majestic's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Majestic's financial leverage. It provides some insight into what part of First Majestic's total assets is financed by creditors.
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First Majestic Silver (AG) is traded on New York Stock Exchange in USA. It is located in 925 West Georgia Street, Vancouver, BC, Canada, V6C 3L2 and employs 34 people. First Majestic is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 2.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Majestic's market, we take the total number of its shares issued and multiply it by First Majestic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. First Majestic Silver is active under Metals & Mining sector as part of Materials industry. The entity has 287.15 M outstanding shares of which 19.93 M shares are presently sold short in the market by investors with about 2.52 days to cover all shorted shares.
First Majestic Silver reports about 162.59 M in cash with 48.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61.
Check First Majestic Probability Of Bankruptcy
Ownership AllocationFirst Majestic Silver retains a total of 287.15 Million outstanding shares. 30% of First Majestic Silver outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check First Ownership Details
First Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of First Majestic jumping above the current price in 90 days from now is about 9.86%. The First Majestic Silver probability density function shows the probability of First Majestic stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon First Majestic Silver has a beta of -1.5248. This suggests as returns on its benchmark rise, returns on holding First Majestic Silver are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, First Majestic is expected to outperform its benchmark. Additionally, first Majestic Silver has an alpha of 0.5302, implying that it can generate a 0.53 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of First Majestic to move above the current price in 90 days from now is about 9.86 (This First Majestic Silver probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Stock Institutional Holders
Institutional Holdings refers to the ownership stake in First Majestic that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Majestic's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Majestic's value.| Instituion | Recorded On | Shares | |
| Two Sigma Investments Llc | 2023-12-31 | 799.9 K | |
| Pictet Asset Manangement Sa | 2023-12-31 | 791.2 K | |
| Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 790.7 K | |
| Sprott Inc. | 2023-12-31 | 787.9 K | |
| Td Asset Management Inc | 2023-12-31 | 757.7 K | |
| Deutsche Bank Ag | 2023-12-31 | 609.6 K | |
| Capital Fund Management Sa | 2023-12-31 | 573.6 K | |
| Swiss National Bank | 2023-12-31 | 568.6 K | |
| Legal & General Group Plc | 2023-12-31 | 509.6 K | |
| Van Eck Associates Corporation | 2023-12-31 | 30.3 M | |
| Vanguard Group Inc | 2023-12-31 | 10.3 M |
First Majestic Historical Income Statement
First Majestic Silver Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Majestic Silver revenue and expense. First Majestic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Majestic's Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Total Revenue is estimated to increase to about 613.5 M, while Operating Income is forecasted to increase to (54.8 M). View More FundamentalsFirst Stock Against Markets
Picking the right benchmark for First Majestic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Majestic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Majestic is critical whether you are bullish or bearish towards First Majestic Silver at a given time. Please also check how First Majestic's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Majestic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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First Majestic Corporate Directors
First Majestic corporate directors refer to members of a First Majestic board of directors. The board of directors generally takes responsibility for the First Majestic's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Majestic's board members must vote for the resolution. The First Majestic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Shaw | Independent Director | Profile | |
| Marjorie Co | Independent Director | Profile | |
| Ramon Davila | COO, Director | Profile | |
| Nicole AdsheadBell | Independent Director | Profile |
How to buy First Stock?
Before investing in First Majestic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Majestic. To buy First Majestic stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Majestic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Majestic stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Majestic Silver stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Majestic Silver stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Majestic Silver, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Majestic guide.
Already Invested in First Majestic Silver?
The danger of trading First Majestic Silver is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Majestic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Majestic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Majestic Silver is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for First Stock analysis
When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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Is First Majestic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.