First Majestic Silver Corp. (AG): Is this the Most Sought-After Stock Today?

Let’s start up with the current stock price of First Majestic Silver Corp. (AG), which is $13.47 to be very precise. The Stock rose vividly during the last session to $13.85 after opening rate of $13.78 while the lowest price it went was recorded $13.26 before closing at $13.47.Recently in News on April 4, 2022, Eric Sprott Reports Holdings in First Majestic Silver Corp.. Toronto, Ontario–(Newsfile Corp. – April 4, 2022) – Eric Sprott announces that, Sprott Mining Inc., (a corporation which he beneficially owns) sold a total of 1,000,000 common shares of First Majestic Silver Corp., over the New York Stock Exchange (representing approximately 0.4% of the outstanding shares on non-diluted basis) at a price of approximately USD$13.5694 per share for aggregate consideration of approximately USD$13,569,400. You can read further details here

First Majestic Silver Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $14.49 on 03/17/22, with the lowest value was $9.29 for the same time period, recorded on 01/28/22.

First Majestic Silver Corp. (AG) full year performance was -20.20%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, First Majestic Silver Corp. shares are logging -28.84% during the 52-week period from high price, and 45.02% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.29 and $18.93.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 5487540 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the First Majestic Silver Corp. (AG) recorded performance in the market was 21.24%, having the revenues showcasing 29.27% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.46B.

The Analysts eye on First Majestic Silver Corp. (AG)

During the last month, 2 analysts gave the First Majestic Silver Corp. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.75, with a change in the price was noted unch. In a similar fashion, First Majestic Silver Corp. posted a movement of unch for the period of last 100 days, recording 5,510,424 in trading volumes.

Technical rundown of First Majestic Silver Corp. (AG)

Raw Stochastic average of First Majestic Silver Corp. in the period of last 50 days is set at 79.23%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 54.26%. In the last 20 days, the company’s Stochastic %K was 49.78% and its Stochastic %D was recorded 42.85%.

Considering, the past performance of First Majestic Silver Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 21.24%. Additionally, trading for the stock in the period of the last six months notably improved by 20.05%, alongside a downfall of -20.20% for the period of the last 12 months. The shares increased approximately by -0.66% in the 7-day charts and went down by 0.60% in the period of the last 30 days. Common stock shares were driven by 29.27% during last recorded quarter.

new york stock exchange
silver

Author: Nick Little