logo

Behind First Majestic Silver Corporation’s 52-Week Range: Uncovering Opportunities for Investors

OPEN Stock

First Majestic Silver Corporation saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $8.44 on 04/12/24, while the lowest price for the same duration was marked at $4.17 on 02/13/24.

52-week price history of AG Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. First Majestic Silver Corporation’s current trading price is -15.99% away from its 52-week high, while its distance from the 52-week low is 70.03%. The stock’s price range during the 52-week period has remained between $4.17 and $8.44. In the Basic Materials sector, the company’s shares saw a trading volume of around 3.17 million for the day, which was evidently lower than the average daily volume of 8.91 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

First Majestic Silver Corporation (AG) has experienced a quarterly rise of 54.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.04B and boasts a workforce of 3746 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.70, with a change in price of +1.28. Similarly, First Majestic Silver Corporation recorded 8,288,855 in trading volume during the last 100 days, posting a change of +22.42%.

Examining AG’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for AG stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.18.

AG Stock Stochastic Average

First Majestic Silver Corporation’s raw stochastic average for the past 50 days is presently 64.34%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 35.70%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 27.42% and 24.71%, respectively.

AG Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a gain of 15.29%.However, over the last six months, we can see a weaker performance of 59.33%. Over the last 30 days, the price of AG has leaped by -8.98%. And in the last five days, it has surged by 3.51%.

Most Popular