First Majestic Silver Stock Today

AG Stock  USD 6.14  0.06  0.99%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 12

 
High
 
Low
Low
First Majestic is trading at 6.14 as of the 28th of November 2024. This is a 0.99% increase since the beginning of the trading day. The stock's lowest day price was 6.02. First Majestic has less than a 12 % 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 29th of October 2024 and ending today, the 28th 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

Moving together with First Stock

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Moving against First Stock

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First Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOKeith Neumeyer
Thematic IdeaPrecious Metals (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, Stlmt ID PHLX, Precious Metals, Materials, Metals & Mining, Silver, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.2916
Way Down
Very volatile
Total Current Liabilities126.1 M120.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total523 M498.1 M
Sufficiently Up
Slightly volatile
Total Assets2.1 BB
Sufficiently Up
Slightly volatile
Total Current Assets322.8 M307.5 M
Sufficiently Up
Slightly volatile
Debt Levels
First 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.
Liquidity
First Majestic Silver reports 256.11 M of total liabilities with total debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from financial leverage. First Majestic Silver has a current ratio of 1.84, which is generally considered normal. Note however, debt could still be an excellent tool for First to invest in growth at high rates of return.

Change In Working Capital

(12.59 Million)
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 1.86 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 Allocation
First 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.
Check First Ownership Details

First Stock Institutional Holders

InstituionRecorded OnShares
Jane Street Group Llc2024-06-30
1.2 M
Bank Of Montreal2024-06-30
1.2 M
Bmo Capital Markets Corp.2024-06-30
1.2 M
Susquehanna International Group, Llp2024-06-30
1.1 M
Qube Research & Technologies2024-06-30
958 K
Td Asset Management Inc2024-09-30
801.3 K
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2024-09-30
788.3 K
Cubist Systematic Strategies, Llc2024-09-30
706.2 K
Marshall Wace Asset Management Ltd2024-06-30
659.4 K
Van Eck Associates Corporation2024-06-30
28.1 M
Vanguard Group Inc2024-09-30
10.8 M
View First Majestic Diagnostics

First Majestic Historical Income Statement

At this time, First Majestic's Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Total Revenue is estimated to increase to about 605.2 M, while EBIT is forecasted to increase to (164.5 M). View More Fundamentals

First Stock Against Markets

First Majestic Corporate Directors

David ShawIndependent DirectorProfile
Marjorie CoIndependent DirectorProfile
Nicole AdsheadBellIndependent DirectorProfile
Robert McCallumIndependent DirectorProfile

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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.