An Evaluation Of First Majestic Silver Corporation (NYSE: AG) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed First Majestic Produces 6.6 Million AgEq Oz in Q4 2023 and 26.9 Million AgEq Oz in 2023; Announces 2024 Production and Cost Guidance and Conference Call Details.

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Stocks Info

AG belongs to the Basic Materials sector of the NYSE while operating in the Silver industry. The current market capitalization of First Majestic Silver Corporation is $1.38B. A total of 7.84 million shares were traded on the day, compared to an average of 6.47M shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. AG’s most recent ex-dividend date was 11/14/2023 when it declared a $0.0046 quarterly dividend that was paid in cash on 11/30/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/15/2023. The AG stock dividend was $0.0050 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AG in the last 3 months, the mean price target is $6.07 with high estimates of $6.75 and low estimates of $5.50. In terms of 52-week highs and lows, AG has a high of $8.41 and a low of $4.38.

As of this writing, AG has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.09 per share and a lower estimate of -$0.07. The company reported an EPS of -$0.02 in the last quarter, which was 33.30% higher than expectations of -$0.03.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AG’s latest balance sheet shows that the firm has $264.41M in Cash & Short Term Investments as of fiscal 2021. There were $221.09M in debt and $172.82M in liabilities at the time. Its Book Value Per Share was $4.67, while its Total Shareholder’s Equity was $1.41B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AG is Buy with a score of 3.33.

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