First Majestic Silver Stock Today
AG Stock | USD 6.18 0.12 1.90% |
Performance4 of 100
| Odds Of DistressLess than 14
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First Majestic is trading at 6.18 as of the 14th of November 2024. This is a 1.9% down since the beginning of the trading day. The stock's lowest day price was 6.13. First Majestic has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading 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 15th of October 2024 and ending today, the 14th of November 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 301.76 M outstanding shares of which 30.41 M shares are presently sold short in the market by investors with about 2.98 days to cover all shorted shares. More on First Majestic Silver
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0.82 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against First Stock
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First Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsFirst Majestic can leverage 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 30 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 1.9 B. First Majestic Silver is active under Metals & Mining sector as part of Materials industry. The entity has 301.76 M outstanding shares of which 30.41 M shares are presently sold short in the market by investors with about 2.98 days to cover all shorted shares.
First Majestic Silver reports about 162.59 M in cash with 55.61 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 holds a total of 301.76 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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First Stock Institutional Holders
Instituion | Recorded On | Shares | |
Bmo Capital Markets Corp. | 2024-06-30 | 1.2 M | |
Susquehanna International Group, Llp | 2024-06-30 | 1.1 M | |
Qube Research & Technologies | 2024-06-30 | 958 K | |
Two Sigma Investments Llc | 2024-06-30 | 932.8 K | |
Td Asset Management Inc | 2024-09-30 | 801.3 K | |
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-06-30 | 798.6 K | |
D. E. Shaw & Co Lp | 2024-06-30 | 776.7 K | |
Marshall Wace Asset Management Ltd | 2024-06-30 | 659.4 K | |
Pictet Asset Manangement Sa | 2024-06-30 | 578.3 K | |
Van Eck Associates Corporation | 2024-06-30 | 28.1 M | |
Vanguard Group Inc | 2024-06-30 | 10.6 M |
First Majestic Historical Income Statement
First Stock Against Markets
First Majestic Corporate Directors
David Shaw | Independent Director | Profile | |
Marjorie Co | Independent Director | Profile | |
Nicole AdsheadBell | Independent Director | Profile | |
Robert McCallum | Independent Director | Profile |
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.
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 closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Metals & Mining space 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 0.018 | Earnings Share (0.26) | Revenue Per Share 1.8 | Quarterly Revenue Growth 0.097 |
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.