First Stock Today

AG -  USA Stock  

USD 8.23  0.11  1.32%

Market Performance
0 of 100
Odds Of Distress
Less than 10
First Majestic is trading at 8.23 as of the 20th of May 2022, a -1.32 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.15. First Majestic has less than a 10 % chance of experiencing some financial distress in the next two years of operation, 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 25th of April 2021 and ending today, the 20th of May 2022. Please note, there could be an existing legal relationship between First Majestic Silver (AG) and FIRST MAJESTIC SILVER (FMJRF). Click here to learn more.
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. The company has 256.61 M outstanding shares of which 17.4 M shares are presently sold short in the market by investors with about 3.34 days to cover all shorted shares. More on First Majestic Silver
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

First Majestic 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
First Majestic generated a negative expected return over the last 90 days
First Majestic has high historical volatility and very poor performance
About 14.0% of the company shares are held by company insiders
Latest headline from www.defenseworld.net: Zacks Brokerages Expect First Majestic Silver Corp. Will Announce Earnings of 0.09 Per Share - Defense World
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
New SymbolAGCO
Related EntityFMJRF (FIRST MAJESTIC SILVER)
CEOKeith Neumeyer  (View All)
Thematic Classifications
Active investing themes First currently participates. An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
(view all).
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.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares220.8 M244.7 M
Moderately Down
Increasing
Slightly volatile
Weighted Average Shares Diluted221.4 M244.7 M
Moderately Down
Increasing
Slightly volatile
Net Cash Flow from Operations76 M68.7 M
Significantly Up
Decreasing
Slightly volatile
Total Assets2.3 B2.1 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities770.4 M714 M
Significantly Up
Increasing
Slightly volatile
Current Assets320.3 M397.2 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities186.5 M172.8 M
Significantly Up
Increasing
Slightly volatile
Total Debt176.2 M221.1 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets(0.0032)(0.003)
Significantly Down
Decreasing
Slightly volatile
Gross Margin0.190.174
Significantly Up
Decreasing
Slightly volatile
Asset Turnover0.310.314
Fairly Down
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 223.51 M of total liabilities with total debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from financial leverage. First Majestic Silver has a current ratio of 2.85, indicating that it is in good position to pay out its debt commitments in time. Debt can assist First Majestic until it has trouble settling it off, either with new capital or with free cash flow. So, First Majestic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Majestic Silver sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Majestic's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

75.96 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 2.1 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 256.61 M outstanding shares of which 17.4 M shares are presently sold short in the market by investors with about 3.34 days to cover all shorted shares. First Majestic Silver reports about 216.29 M in cash with 22.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.84.
Check First Majestic Probability Of Bankruptcy
Ownership
First Majestic holds a total of two hundred fifty-six million six hundred ten thousand 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 regulation 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 about to change. Please note that no matter how much 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.

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 97.0%. 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 has a beta of 0.8219. This suggests as returns on the market go up, First Majestic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Majestic Silver will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. First Majestic Silver is significantly underperforming DOW.
  Odds Below 8.23HorizonTargetOdds Above 8.23
2.85%90 days
 8.23 
97.14%
Based on a normal probability distribution, the odds of First Majestic to move above the current price in 90 days from now is about 97.0 (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 Interest Expense is projected to increase significantly based on the last few years of reporting. The past year's Interest Expense was at 21 Million. The current year Operating Expenses is expected to grow to about 78.1 M, whereas Cost of Revenue is forecasted to decline to about 390.3 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

Investing First Majestic Silver

You need to understand the risk of investing before taking a position in First Majestic. 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 Shape 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.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for First Stock analysis

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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
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.
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 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.