Gonzalo Mercado - First Majestic Vice Services
| AG Stock | 9.01 0.14 1.53% |
Executive
Gonzalo Mercado is Vice Services of First Majestic Silver
| Address | 925 West Georgia Street, Vancouver, BC, Canada, V6C 3L2 |
| Phone | 604 688 3033 |
| Web | https://www.firstmajestic.com |
First Majestic Management Efficiency
The company has return on total asset (ROA) of (0.0681) % which means that it has lost $0.0681 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0576) %, meaning that it generated substantial loss on money invested by shareholders. First Majestic's management efficiency ratios could be used to measure how well First Majestic manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.07. In addition to that, Return On Capital Employed is likely to grow to -0.07. At this time, First Majestic's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Currrent Assets Other is likely to grow to about 134.1 M, while Non Current Assets Total are likely to drop about 1.7 B.Similar Executives
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Management Performance
| Return On Equity | -0.0576 | ||||
| Return On Asset | -0.0681 |
First Majestic Silver Leadership Team
Elected by the shareholders, the First Majestic's board of directors comprises two types of representatives: First Majestic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Majestic's management team and ensure that shareholders' interests are well served. First Majestic's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Majestic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Deal, VicePresident Innovation | ||
| Mani Alkhafaji, VP Relations | ||
| Colin Bower, Vice OperationsMexico | ||
| Keith Neumeyer, President Founder | ||
| Jill Arias, Vice Marketing | ||
| Gonzalo Mercado, Vice Services | ||
| LLB LLB, General Secretary | ||
| David Smith, Vice Resources |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Majestic a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0576 | ||||
| Return On Asset | -0.0681 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 2.78 B | ||||
| Shares Outstanding | 301.76 M | ||||
| Shares Owned By Insiders | 1.46 % | ||||
| Shares Owned By Institutions | 42.94 % | ||||
| Number Of Shares Shorted | 6.44 M | ||||
| Price To Earning | 13.14 X |
Pair Trading with First Majestic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.