AG:NYE-First Majestic Silver Corp (USD)

COMMON STOCK | Silver | NYE

Last Closing Price

USD 9.52

Change

-0.03 (-0.31)%

Market Cap

USD 2.10B

Volume

4.64M

Average Target Price

USD 10.86 (+14.12%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. The company holds 100% interests in San Dimas Silver/Gold Mine comprises 119 concessions covering an area of 71,868 hectares located in Durango; the Santa Elena Silver/Gold Mine consists of 17 concessions covering an area of 57,656 hectares located in Sonora; and La Encantada Silver Mine comprises 22 concessions covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares. It also holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,943 hectares in Ontario, Canada. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-30 )

Largest Industry Peers for Silver

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MAG MAG Silver Corp

-0.31 (-1.87%)

USD1.57B N/A N/A
SVM Silvercorp Metals Inc

-0.14 (-1.90%)

USD1.29B 32.82 12.84
FSM Fortuna Silver Mines Inc

-0.12 (-1.85%)

USD1.19B 64.90 18.58
EXK Endeavour Silver Corp

-0.08 (-2.23%)

USD0.56B 197.00 N/A
ASM Avino Silver & Gold Mines Ltd

-0.05 (-4.56%)

USD0.09B 732.50 59.67

ETFs Containing AG

Symbol Name Weight Mer Price(Change) Market Cap
BCM iPath Pure Beta Broad Com.. 0.00 % 0.60 %

+0.21 (+0.79%)

USD0.03B
DBP Invesco DB Precious Metal.. 0.00 % 0.75 %

-0.81 (-1.55%)

USD0.18B
DBS Invesco DB Silver Fund 0.00 % 0.75 %

-1.47 (-4.24%)

USD0.02B
FAAR First Trust Alternative A.. 0.00 % 0.95 %

+0.22 (+0.83%)

USD0.04B
FTGC First Trust Global Tactic.. 0.00 % 0.95 %

+0.16 (+0.95%)

USD0.08B
GDXS ProShares UltraShort Gold.. 0.00 % 0.95 %

N/A

USD1.35M
GLTR Aberdeen Standard Physica.. 0.00 % 0.60 %

-1.35 (-1.42%)

USD0.56B
JDST Direxion Daily Junior Gol.. 0.00 % 1.10 %

+0.26 (+2.36%)

USD0.08B
JJP iPath Series B Bloomberg .. 0.00 % 0.45 %

-0.87 (-1.30%)

USD5.79M
RJZ ELEMENTS Linked to the Ro.. 0.00 % 0.75 %

-0.08 (-0.87%)

USD3.76M
SIL Global X Silver Miners ET.. 0.00 % 0.66 %

-0.12 (-0.28%)

USD1.14B
SILJ ETFMG Prime Junior Silver.. 0.00 % 0.69 %

-0.15 (-1.07%)

USD0.26B
BCD Aberdeen Standard Bloombe.. 0.00 % 0.29 %

+0.31 (+1.36%)

USD3.15M
BCI Aberdeen Standard Bloombe.. 0.00 % 0.25 %

+0.20 (+1.01%)

USD0.23B
COMB GraniteShares Bloomberg C.. 0.00 % 0.25 %

+0.25 (+1.18%)

USD0.07B

Market Performance

  Market Performance vs.
Industry/Classification (Silver)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -22.35% 17% F 30% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -22.35% 17% F 28% F
Trailing 12 Months  
Capital Gain 0.42% 17% F 61% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.42% 17% F 54% F
Trailing 5 Years  
Capital Gain 165.92% 67% D+ 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 165.92% 67% D+ 93% A
Average Annual (5 Year Horizon)  
Capital Gain 24.48% N/A N/A 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 24.48% N/A N/A 92% A-
Risk Return Profile  
Volatility (Standard Deviation) 65.78% N/A N/A 5% F
Risk Adjusted Return 37.22% N/A N/A 53% F
Market Capitalization 2.10B 100% A+ 66% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Silver)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 177.00 60% D- 3% F
Price/Book Ratio 3.49 50% F 22% F
Price / Cash Flow Ratio 14.97 67% D+ 23% F
EV/EBITDA 318.07 25% F 2% F
Management Effectiveness  
Return on Equity -11.48% 33% F 21% F
Return on Invested Capital -4.28% 50% F 14% F
Return on Assets -0.45% 67% D+ 18% F
Debt to Equity Ratio 23.35% 25% F 78% C+
Technical Ratios  
Short Ratio 6.20 17% F 16% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.50 83% B 25% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector