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What Is The Dividend Yield Of First Majestic Silver Corp. (AG)?

The stock of First Majestic Silver Corp. (NYSE:AG) decreased by -$0.03 on Tuesday to finish at $5.86, down -0.51 percent. The last five days have seen…

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This article was originally published by Fosters Leader

The stock of First Majestic Silver Corp. (NYSE:AG) decreased by -$0.03 on Tuesday to finish at $5.86, down -0.51 percent. The last five days have seen an average of 3,855,840 shares of common stock traded. 5 times new highs were reached in the current year, with a fall of -$2.48. The average number of shares traded over the last 20 days was 4,049,605, while the average volume over the last 50 days totaled 5,476,464.

AG stock dropped -14.33% since last month. On 05/30/23, the company’s shares reached a one-month low of $5.62. The stock touched a high of $9.81 on 01/12/23, after rallying from a low of $5.53 in 52 weeks. The price of AG stock has declined by -29.74% or -$2.48 this year, reaching a new high 5 times. Still, the stock price is down -40.27% from the 52-week high.

Valuation Metrics

Company paid $0.0060 per share in dividends, an increase of 20.0% from $0.0050 last year. A $0.0010 dividend increase was reported on Thursday May 4 2023.

Financial Health

Based on annual data, it had gross profit of $152.53 million and revenue of $624.22 million.

Earnings Surprise

According to First Majestic Silver Corp.’s quarterly financial report for the quarter that ended March 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $363.94 million, while revenues rose by 100.0% to $0.0. It was predicted that First Majestic Silver Corp.’s quarterly earnings would be $0, but it ended up being -$0.01. EBITDA was -$109.41 million for the quarter. At the end of First Majestic Silver Corp.’s most recent quarter ended March 30, its liabilities totaled 653.0 million, while its total debt was $255.11 million.

Technical Picture

Here’s a quick look at First Majestic Silver Corp.’s (AG) price momentum from a technical perspective. As of 06 June, the RSI 9-day stood at 35.08%, suggesting the stock is Neutral, with a 33.39% historical volatility rate.

The stochastic %K and %D were 34.63% and 34.92% respectively, while the average true range (ATR) was 0.20. Based on the 14-day stochastic reading of 34.04%, the RSI (14) reading is 34.48%. On the 9-day MACD Oscillator, the stock is at 0.05, and the 14-day reading is at -0.07.

Analyst Ratings

In its most recent analyst report, TD Securities raised its rating on First Majestic Silver Corp. (NYSE: AG) to a Buy. Prior to this, analysts firm rated the stock as a Hold.

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