Stocks of First Majestic Silver Corporation (NYSE:AG) traded higher last session on Wall Street, up 6.14% to $7.09.
AG stock price is now 23.16% away from the 50-day moving average and 16.91% away from the 200-day moving average. The market capitalization of the company currently stands at $3.43B.
, while the TD Securities previously rated the stock as ‘Buy’ on October 20, 2020.
In other news, Electrum Silver US LLC, 10% Owner bought 3,000,000 shares of the company’s stock on Mar 11 ’25. The stock was bought for $18,390,000 at an average price of $6.13. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, 10% Owner Electrum Silver US LLC bought 8,000,000 shares of the business’s stock. A total of $49,280,000 was incurred on buying the stock at an average price of $6.16. A total of 10.36% of the company’s stock is owned by insiders.
During the past 12 months, First Majestic Silver Corporation has had a low of $4.43 and a high of $8.44. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 2.56, and a quick ratio of 2.12. The fifty day moving average price for AG is $5.7566 and a two-hundred day moving average price translates $6.06455 for the stock.
The latest earnings results from First Majestic Silver Corporation (NYSE: AG) was released for 2024-12-31. The net profit margin was -18.17% and return on equity was -7.52% for AG. The company reported revenue of $146.09 million for the quarter, compared to $133.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.67 percent.
