First Majestic Silver Stock Buy Hold or Sell Recommendation
| AG Stock | 8.68 0.02 0.23% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding First Majestic Silver is 'Strong Sell'. The recommendation algorithm takes into account all of First Majestic's available fundamental, technical, and predictive indicators you will find on this site.
Check out First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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 estimate.
First |
Execute First Majestic Buy or Sell Advice
The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Majestic Silver. Macroaxis does not own or have any residual interests in First Majestic Silver or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Majestic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
First Majestic Trading Alerts and Improvement Suggestions
| First Majestic had very high historical volatility over the last 90 days | |
| First Majestic has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 576.38 M. Net Loss for the year was (135.11 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Latest headline from news.google.com: First Majestic Silver Shares Gap Up - Should You Buy - MarketBeat |
First Majestic Returns Distribution Density
The distribution of First Majestic's historical returns is an attempt to chart the uncertainty of First Majestic's future price movements. The chart of the probability distribution of First Majestic daily returns describes the distribution of returns around its average expected value. We use First Majestic Silver price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Majestic returns is essential to provide solid investment advice for First Majestic.
| Mean Return | 0.30 | Value At Risk | -4.5 | Potential Upside | 6.12 | Standard Deviation | 3.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Majestic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
First Majestic Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 112.0M | 69.6M | (652K) | (86.5M) | (25.9M) | (24.6M) | |
| Free Cash Flow | 21.4M | (34.8M) | (120.2M) | (198.7M) | (90.4M) | (85.8M) | |
| Depreciation | 119.7M | 49.8M | 39.7M | 137.4M | 234.3M | 246.0M | |
| Other Non Cash Items | 13.7M | 14.8M | 23.0M | (43.3M) | 23.3M | 25.0M | |
| Capital Expenditures | 118.6M | 114.5M | 189.0M | 217.7M | 146.0M | 85.5M | |
| Net Income | (40.5M) | 23.1M | (4.9M) | (114.3M) | (135.1M) | (128.4M) | |
| End Period Cash Flow | 169.0M | 238.6M | 237.9M | 151.4M | 125.6M | 80.1M | |
| Change To Inventory | 2.8M | (4.3M) | (9.0M) | (3.4M) | (505K) | (530.3K) |
First Majestic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Majestic or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Majestic's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 3.95 | |
Ir | Information ratio | 0.04 |
First Majestic Volatility Alert
First Majestic Silver shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Majestic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Majestic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.First Majestic Fundamentals Vs Peers
Comparing First Majestic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Majestic's direct or indirect competition across all of the common fundamentals between First Majestic and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Majestic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Majestic's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Majestic to competition |
| Fundamentals | First Majestic | Peer Average |
| Return On Equity | -0.0576 | -0.31 |
| Return On Asset | -0.0681 | -0.14 |
| Profit Margin | (0.15) % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 2.64 B | 16.62 B |
| Shares Outstanding | 301.76 M | 571.82 M |
| Shares Owned By Insiders | 1.46 % | 10.09 % |
| Shares Owned By Institutions | 42.90 % | 39.21 % |
| Number Of Shares Shorted | 6.44 M | 4.71 M |
| Price To Earning | 13.14 X | 28.72 X |
| Price To Book | 1.36 X | 9.51 X |
| Price To Sales | 4.99 X | 11.42 X |
| Revenue | 576.38 M | 9.43 B |
| EBITDA | (54.5 M) | 3.9 B |
| Net Income | (135.11 M) | 570.98 M |
| Cash Per Share | (0.01) X | 5.01 X |
| Total Debt | 256.51 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 4.57 X | 1.93 K |
| Cash Flow From Operations | 55.61 M | 971.22 M |
| Short Ratio | 6.30 X | 4.00 X |
| Earnings Per Share | (0.36) X | 3.12 X |
| Target Price | 10.33 | |
| Beta | 1.39 | -0.15 |
| Market Capitalization | 2.62 B | 19.03 B |
| Total Asset | 1.98 B | 29.47 B |
| Retained Earnings | (609.88 M) | 9.33 B |
| Working Capital | 188.92 M | 1.48 B |
| Current Asset | 104.78 M | 9.34 B |
| Current Liabilities | 89.2 M | 7.9 B |
| Annual Yield | 0 % | |
| Year To Date Return | (41.86) % |
First Majestic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About First Majestic Buy or Sell Advice
When is the right time to buy or sell First Majestic Silver? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Working Capital | 161.9K | 86.2K | Market Cap | 1.7B | 1.8B |
Use Investing Ideas to Build Portfolios
In addition to having First Majestic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.