In the past week, AG stock has gone down by -3.72%, with a monthly decline of -19.37% and a quarterly surge of 10.92%. The volatility ratio for the week is 2.97%, and the volatility levels for the last 30 days are 4.23% for First Majestic Silver Corporation The simple moving average for the last 20 days is -4.22% for AG stock, with a simple moving average of -0.70% for the last 200 days.
Is It Worth Investing in First Majestic Silver Corporation (NYSE: AG) Right Now?
The stock has a 36-month beta value of 1.26. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for AG is 296.76M, and at present, short sellers hold a 10.25% of that float. On November 29, 2024, the average trading volume of AG was 10.71M shares.
AG) stock’s latest price update
First Majestic Silver Corporation (NYSE: AG)’s stock price has plunge by 0.99relation to previous closing price of 6.14. Nevertheless, the company has seen a -3.72% plunge in its stock price over the last five trading sessions. newsfilecorp.com reported 2024-11-07 that Vancouver, British Columbia–(Newsfile Corp. – November 7, 2024) – First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the “Company” or “First Majestic”) is pleased to announce the Company’s unaudited condensed interim consolidated financial results for the third quarter ended September 30, 2024. The full version of the financial statements and the accompanying management’s discussion and analysis can be viewed on the Company’s website at www.firstmajestic.com or on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
AG Trading at -6.96% 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 -26.53% of loss for the given period.
Volatility was left at 4.23%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -15.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.56% upper at present.
During the last 5 trading sessions, AG fell by -3.65%, which changed the moving average for the period of 200-days by +44.64% in comparison to the 20-day moving average, which settled at $6.47. In addition, First Majestic Silver Corporation saw 0.82% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AG
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.11 for the gross margin
The net margin for First Majestic Silver Corporation stands at -0.15. The total capital return value is set at -0.02. Equity return is now at value -5.75, with -3.98 for asset returns.
Based on First Majestic Silver Corporation (AG), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -1.94.
Currently, EBITDA for the company is -54.5 million with net debt to EBITDA at 0.82. When we switch over and look at the enterprise to sales, we see a ratio of 3.66. The receivables turnover for the company is 8.95for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.03.
Conclusion
To sum up, First Majestic Silver Corporation (AG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
