The stock of First Majestic Silver Corp. (AG) has seen a -5.25% decrease in the past week, with a -15.60% drop in the past month, and a -12.50% decrease in the past quarter. The volatility ratio for the week is 2.61%, and the volatility levels for the past 30 days are at 3.37% for AG. The simple moving average for the past 20 days is -10.22% for AG’s stock, with a -23.52% simple moving average for the past 200 days.
Is It Worth Investing in First Majestic Silver Corp. (NYSE: AG) Right Now?
The public float for AG is 271.98M, and at present, short sellers hold a 5.47% of that float. The average trading volume of AG on May 25, 2023 was 7.15M shares.
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AG) stock’s latest price update
First Majestic Silver Corp. (NYSE: AG)’s stock price has dropped by -2.94 in relation to previous closing price of 6.13. Nevertheless, the company has seen a loss of -5.25% in its stock price over the last five trading days.
AG Trading at -14.03% from the 50-Day Moving Average
After a stumble in the market that brought AG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.35% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 2.61%, as shares sank -15.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.88% lower at present.
During the last 5 trading sessions, AG fell by -5.25%, which changed the moving average for the period of 200-days by -29.33% in comparison to the 20-day moving average, which settled at $6.57. In addition, First Majestic Silver Corp. saw -28.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AG
Current profitability levels for the company are sitting at:
- -8.27 for the present operating margin
- +1.45 for the gross margin
The net margin for First Majestic Silver Corp. stands at -18.31. The total capital return value is set at -3.12, while invested capital returns managed to touch -6.96.
Based on First Majestic Silver Corp. (AG), the company’s capital structure generated 17.57 points at debt to equity in total, while total debt to capital is 14.94. Total debt to assets is 11.75, with long-term debt to equity ratio resting at 16.55. Finally, the long-term debt to capital ratio is 14.08.
When we switch over and look at the enterprise to sales, we see a ratio of 2.85, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 13.07 and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.21.
Conclusion
In summary, First Majestic Silver Corp. (AG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
