First Majestic Silver Stock Buy Hold or Sell Recommendation
| AG Stock | USD 6.44 0.10 1.53% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding First Majestic Silver is 'Strong Sell'. Macroaxis provides First Majestic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AG positions.
Check out First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on investors' constraints. 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 price.
First |
Execute First Majestic Buy or Sell Advice
The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Majestic Silver. Macroaxis does not own or have any residual interests in First Majestic Silver or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Majestic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
First Majestic Trading Alerts and Improvement Suggestions
| First Majestic had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 576.38 M. Annual Net Loss to common stockholders was (137.59 M) with gross profit of 140.6 M. | |
| Latest headline from finance.yahoo.com: First Mining Further Defines Buzz Zone and North Zone Expansion Targets at the Duparquet Gold Project |
First Majestic Returns Distribution Density
The distribution of First Majestic's historical returns is an attempt to chart the uncertainty of First Majestic's future price movements. The chart of the probability distribution of First Majestic daily returns describes the distribution of returns around its average expected value. We use First Majestic Silver price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Majestic returns is essential to provide solid investment advice for First Majestic.
| Mean Return | 0.22 | Value At Risk | -4.79 | Potential Upside | 7.11 | Standard Deviation | 4.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Majestic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
First Stock Institutional Investors
| Shares | Bmo Capital Markets Corp. | 2024-06-30 | 1.2 M | Susquehanna International Group, Llp | 2024-06-30 | 1.1 M | Qube Research & Technologies | 2024-06-30 | 958 K | Two Sigma Investments Llc | 2024-06-30 | 932.8 K | Td Asset Management Inc | 2024-09-30 | 801.3 K | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-06-30 | 798.6 K | D. E. Shaw & Co Lp | 2024-06-30 | 776.7 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 659.4 K | Pictet Asset Manangement Sa | 2024-06-30 | 578.3 K | Van Eck Associates Corporation | 2024-06-30 | 28.1 M | Vanguard Group Inc | 2024-09-30 | 10.8 M |
First Majestic Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 112.0M | 69.6M | (652K) | (86.5M) | (25.9M) | (24.6M) | |
| Free Cash Flow | 21.4M | (34.8M) | (120.2M) | (198.7M) | (90.4M) | (85.8M) | |
| Depreciation | 119.7M | 49.8M | 39.7M | 137.4M | 134.5M | 141.2M | |
| Other Non Cash Items | 13.7M | 14.8M | 23.0M | (43.3M) | 259.7M | 272.7M | |
| Capital Expenditures | 118.6M | 114.5M | 189.0M | 217.7M | 146.0M | 82.5M | |
| Net Income | (40.5M) | 23.1M | (4.9M) | (114.3M) | (137.6M) | (130.7M) | |
| End Period Cash Flow | 169.0M | 238.6M | 237.9M | 151.4M | 125.6M | 77.5M | |
| Change To Inventory | 2.8M | (4.3M) | (9.0M) | (3.4M) | (514.3K) | (540.0K) | |
| Investments | (116.9M) | (127.1M) | (958K) | (213.8M) | (175.4M) | (166.6M) | |
| Net Borrowings | (5.2M) | (17.7M) | 31.6M | 6.5M | 7.5M | 7.9M | |
| Change To Netincome | 49.9M | 20.8M | (16.4M) | 17.4M | 20.1M | 17.8M |
First Majestic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Majestic or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Majestic's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 4.04 | |
Ir | Information ratio | 0.03 |
First Majestic Volatility Alert
First Majestic Silver shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Majestic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Majestic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.First Majestic Fundamentals Vs Peers
Comparing First Majestic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Majestic's direct or indirect competition across all of the common fundamentals between First Majestic and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Majestic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Majestic's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Majestic to competition |
| Fundamentals | First Majestic | Peer Average |
| Return On Equity | -0.0576 | -0.31 |
| Return On Asset | -0.0681 | -0.14 |
| Profit Margin | (0.15) % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 1.99 B | 16.62 B |
| Shares Outstanding | 301.76 M | 571.82 M |
| Shares Owned By Insiders | 1.46 % | 10.09 % |
| Shares Owned By Institutions | 42.96 % | 39.21 % |
| Number Of Shares Shorted | 30.41 M | 4.71 M |
| Price To Book | 1.43 X | 9.51 X |
| Price To Sales | 3.71 X | 11.42 X |
| Revenue | 576.38 M | 9.43 B |
| Gross Profit | 140.6 M | 27.38 B |
| EBITDA | (47.02 M) | 3.9 B |
| Net Income | (137.59 M) | 570.98 M |
| Cash And Equivalents | 162.59 M | 2.7 B |
| Cash Per Share | 0.61 X | 5.01 X |
| Total Debt | 256.11 M | 5.32 B |
| Debt To Equity | 0.19 % | 48.70 % |
| Current Ratio | 1.88 X | 2.16 X |
| Book Value Per Share | 4.57 X | 1.93 K |
| Cash Flow From Operations | 55.61 M | 971.22 M |
| Short Ratio | 2.98 X | 4.00 X |
| Earnings Per Share | (0.26) X | 3.12 X |
| Target Price | 8.75 | |
| Beta | 1.39 | -0.15 |
| Market Capitalization | 1.95 B | 19.03 B |
| Total Asset | 1.97 B | 29.47 B |
| Retained Earnings | (606.76 M) | 9.33 B |
| Working Capital | 188.92 M | 1.48 B |
| Current Asset | 104.78 M | 9.34 B |
| Current Liabilities | 89.2 M | 7.9 B |
| Annual Yield | 0 % |
Note: Acquisition by Ball Garry of 35000 shares of First Majestic subject to Rule 16b-3 [view details]
First Majestic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About First Majestic Buy or Sell Advice
When is the right time to buy or sell First Majestic Silver? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Working Capital | 161.9K | 86.2K | Market Cap | 1.7B | 961.8M |
Use Investing Ideas to Build Portfolios
In addition to having First Majestic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.018 | Earnings Share (0.26) | Revenue Per Share 1.8 | Quarterly Revenue Growth 0.097 |
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.