First Majestic Silver Stock Price on December 19, 2024

AG Stock   7.99  0.06  0.75%   
Below is the normalized historical share price chart for First Majestic Silver extending back to May 22, 1981. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Majestic stands at 7.99, as last reported on the 29th of December, with the highest price reaching 8.05 and the lowest price hitting 7.89 during the day.
200 Day MA
8.7365
50 Day MA
9.175
Beta
1.387
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of now, First Stock is slightly risky. First Majestic Silver secures Sharpe Ratio (or Efficiency) of 0.0099, which denotes the company had a 0.0099% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for First Majestic Silver, which you can use to evaluate the volatility of the firm. Please confirm First Majestic's Mean Deviation of 2.53, standard deviation of 3.49, and Variance of 12.21 to check if the risk estimate we provide is consistent with the expected return of 0.0345%.
  
At this time, First Majestic's Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 2024, Common Stock Shares Outstanding is likely to grow to about 296.4 M, while Common Stock is likely to drop about 1 B. . At this time, First Majestic's Price Book Value Ratio is very stable compared to the past year. As of the 29th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 32.07, while Price To Sales Ratio is likely to drop 2.80. First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0099

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Estimated Market Risk

 3.49
  actual daily
31
69% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average First Majestic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Majestic by adding First Majestic to a well-diversified portfolio.
Price Book
1.2198
Enterprise Value Ebitda
19.5051
Price Sales
4.5922
Shares Float
296.9 M
Dividend Share
0.018

First Majestic Main Headline on 19th of December 2024

First Majestic Silver Expands Control in Strategic Los Gatos Joint Venture with Dowa Metals StockTitan

First Majestic Valuation on December 19, 2024

It is possible to determine the worth of First Majestic on a given historical date. On December 19, 2024 First was worth 7.87 at the beginning of the trading date compared to the closed value of 7.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Majestic stock. Still, in general, we apply an absolute valuation method to find First Majestic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Majestic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Majestic's related companies.
 Open High Low Close Volume
  8.36    8.37    7.89    7.94    765,051  
12/19/2024
  7.87    8.01    7.79    7.85    580,512  
  7.89    8.12    7.81    7.85    1,264,818  
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Open Value
7.87
7.85
Closing Value
18.35
Upside

First Majestic Trading Date Momentum on December 19, 2024

On December 20 2024 First Majestic Silver was traded for  7.85  at the closing time. The highest daily price throughout the period was 8.12  and the lowest price was  7.81 . The daily volume was 1.3 M. The net trading volume on 12/20/2024 did not affect price variability. The overall trading delta to current closing price is 1.40% .

First Majestic Silver Fundamentals Correlations and Trends

By evaluating First Majestic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Majestic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About First Majestic Stock history

First Majestic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Majestic Silver will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Majestic stock prices may prove useful in developing a viable investing in First Majestic
Last ReportedProjected for Next Year
Common Stock Shares Outstanding282.3 M296.4 M

First Majestic Quarterly Net Working Capital

229.94 Million

First Majestic Stock Technical Analysis

First Majestic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of First Majestic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Majestic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

First Majestic Period Price Range

Low
December 29, 2024
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High

 0.00 

     

 0.00 

First Majestic Silver cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

First Majestic December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how First Majestic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Majestic shares will generate the highest return on investment. By undertsting and applying First Majestic stock market strength indicators, traders can identify First Majestic Silver entry and exit signals to maximize returns

First Majestic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for First Majestic's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.