First Stock Today

AG -  USA Stock  

USD 16.18  0.22  1.34%

First Majestic is trading at 16.18 as of the 20th of June 2021, a -1.34% down since the beginning of the trading day. The stock's lowest day price was 16.13. First Majestic has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 22nd of March 2021 and ending today, the 20th of June 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 2

First Majestic Stock Profile

The next fiscal quarter end is expected on the 30th of June 2021. First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in Mexico. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada. First Majestic operates under Silver classification in the United States and is traded on New York Stock Exchange. more on First Majestic
First Majestic has very high historical volatility over the last 90 days
First Majestic is unlikely to experience financial distress in the next 2 years
First Majestic has a strong financial position based on the latest SEC filings
Latest headline from seekingalpha.com: First Majestic Silver Did The Market Just Provide Us With A Gift - Seeking Alpha
First Majestic Fama & French Precious Metals
Precious Metals
Fama & French Classification
First Majestic Silver SEC Filings
First Majestic SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameFirst Majestic Silver
New SymbolAGCO
CEOKeith Neumeyer  (View All)
Thematic Classifications
Active investing themes First currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
    Precious Metals
    Silver
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of First Majestic Silver based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of First Majestic Silver financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares196.6 M213.9 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted198.5 M215.9 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations81.3 M79.7 M
Fairly Up
Decreasing
Stable
Total Assets1.1 B1.2 B
Moderately Down
Increasing
Slightly volatile
Total Liabilities342.9 M387.3 M
Fairly Down
Increasing
Slightly volatile
Current Assets384.2 M356 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities89.2 M101.6 M
Fairly Down
Increasing
Slightly volatile
Total Debt139.6 M173.3 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets0.02270.021
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.270.289
Significantly Down
Decreasing
Slightly volatile
Asset Turnover0.330.323
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Majestic's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on First Majestic's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how First Majestic deploys its capital and how much of that capital is borrowed.
Liquidity
First Majestic cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 173.28 M of total liabilities with total debt to equity ratio (D/E) of 0.2, which may suggest the company is not taking enough advantage from financial leverage. First Majestic Silver has a current ratio of 3.43, indicating that it is in good position to pay out its debt commitments in time.

Operating Cash Flow

81.33 MillionShare
First Majestic Silver (AG) is traded on New York Stock Exchange in USA. It is located in 925 West Georgia Street and employs 4,000 people. First Majestic is listed under Precious Metals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 4.47 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 these looking for more risk prefer small-cap and mid-cap equities. First Majestic Silver is active under Basic Materials sector as part of Silver industry. The entity has 251.24 M outstanding shares of which 16.73 M shares are presently sold short in the market by investors with about 4.58 days to cover all shorted shares. First Majestic Silver reports about 274.9 M in cash with 79.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24.
Check First Majestic Probability Of Bankruptcy
Ownership
First Majestic Silver retains a total of 251.24 Million outstanding shares. Over half of First Majestic Silver outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in First Majestic. Please watch out for any change in the institutional holdings of First Majestic Silver as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check First Ownership Details

First Stock Price Odds Analysis

What are First Majestic's target price odds to finish over the current price? Based on a normal probability distribution, the odds of First Majestic jumping above the current price in 90 days from now is about 18.02%. 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 -0.1647. This suggests as returns on benchmark increase, returns on holding First Majestic are expected to decrease at a much lower rate. During the bear market, however, First Majestic Silver is likely to outperform the market. Additionally, the company has an alpha of 0.2905, implying that it can generate a 0.29 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 16.18HorizonTargetOdds Up 16.18 
81.91%90 days
 16.18 
18.02%
Based on a normal probability distribution, the odds of First Majestic to move above the current price in 90 days from now is about 18.02 (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 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.
First Majestic Earning Before Interest and Taxes EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 44.5 Million. The current year Gross Profit is expected to grow to about 113.3 M, whereas Interest Expense is forecasted to decline to about 11.7 M. View More Fundamentals

First 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.

Similar Equity Warning - AG

First Majestic Silver was forked

  The entity First Majestic Silver with a symbol AG was recently forked. You can potentially use Agco Corp with a symbol AGCO from now on.

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 DirectorProfile
Marjorie Co - Independent DirectorProfile
Nicole AdsheadBell - Independent DirectorProfile
Ramon Davila - COO, DirectorProfile
Please continue to Trending Equities. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running First Majestic Silver 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 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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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 Silver underlying business (such as 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 First Majestic value 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.