AG:NYE-First Majestic Silver Corp (USD)

COMMON STOCK | Silver | NYE

Last Closing Price

USD 6.82

Change

-0.42 (-5.80)%

Market Cap

USD 1.54B

Volume

5.20M

Average Target Price

USD 8.98 (+31.60%)
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. It owns and operates six silver producing mines, including the San Dimas Silver/Gold Mine covering an area of 71,867 hectares located in Durango; the Santa Elena Silver/Gold Mine covering an area of 101,772 hectares located in Sonora; La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila; San Martin Silver Mine covering an area of 38,512 hectares located in Jalisco, as well as 1,296 hectares of surface land; La Parrilla Silver Mine covering an area of 69,478 hectares located in Durango; and Del Toro Silver Mine covering an area of 2,159 hectares situated in Zacatecas in Mexico. 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: 2020-03-27 )

Largest Industry Peers for Silver

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
WPM Wheaton Precious Metals Corp

-1.46 (-4.93%)

USD11.40B 127.05 21.08
MAG MAG Silver Corp

-0.68 (-7.29%)

USD0.81B N/A -69.27
FSM Fortuna Silver Mines Inc

-0.26 (-9.74%)

USD0.42B 19.07 5.67
SVM Silvercorp Metals Inc

-0.42 (-10.40%)

USD0.42B 9.72 4.12
EXK Endeavour Silver Corp

-0.09 (-5.92%)

USD0.20B 197.00 -20.23
ASM Avino Silver & Gold Mines Ltd

-0.01 (-2.78%)

USD0.03B 732.50 -37.68

ETFs Containing AG

Symbol Name Weight Mer Price(Change) Market Cap
DSLV VelocityShares 3x Inverse.. 100.00 % 1.65 %

+0.43 (+2.00%)

USD0.03B
USLV VelocityShares 3x Long Si.. 100.00 % 1.65 %

-0.55 (-1.36%)

USD0.27B
USV UBS ETRACS CMCI Silver To.. 100.00 % 0.40 %

+0.06 (+0.34%)

USD3.04M
1542:TSE Mitsubishi Japan Physical.. 100.00 % 0.00 %

-15.00 (-0.31%)

USD5.22B
SLV iShares Silver Trust 100.00 % 0.50 %

-0.09 (-0.67%)

USD4.52B
JJP iPath Series B Bloomberg .. 28.06 % 0.45 %

+0.10 (+0.18%)

USD5.17M
SILJ ETFMG Prime Junior Silver.. 10.27 % 0.69 %

-0.75 (-9.65%)

USD0.13B
RJZ ELEMENTS Linked to the Ro.. 9.48 % 0.75 %

+0.02 (+0.28%)

USD4.00M
BCM iPath Pure Beta Broad Com.. 5.36 % 0.60 %

+0.03 (+0.13%)

USD0.05B
GDXS ProShares UltraShort Gold.. 2.19 % 0.95 %

N/A

USD1.35M
DBP Invesco DB Precious Metal.. 0.00 % 0.75 %

+1.45 (+3.57%)

USD0.13B
DBS Invesco DB Silver Fund 0.00 % 0.75 %

-0.16 (-0.76%)

USD0.01B
BCD Aberdeen Standard Bloombe.. 0.00 % 0.29 %

N/A

USD3.26M
COMB GraniteShares Bloomberg C.. 0.00 % 0.25 %

-0.34 (-1.78%)

USD0.07B
BCI Aberdeen Standard Bloombe.. 0.00 % 0.25 %

-0.39 (-2.16%)

USD0.17B
FAAR First Trust Alternative A.. 0.00 % 0.95 %

+0.04 (+0.15%)

USD0.03B
ZSL ProShares UltraShort Silv.. 0.00 % 1.62 %

+0.43 (+1.26%)

USD0.01B
SIL Global X Silver Miners ET.. 0.00 % 0.66 %

-1.74 (-6.64%)

USD0.47B
GLTR Aberdeen Standard Physica.. 0.00 % 0.60 %

-0.92 (-1.19%)

USD0.58B
GDXJ VanEck Vectors Junior Gol.. 0.00 % 0.54 %

-2.83 (-8.64%)

USD4.42B
GCC WisdomTree Continuous Com.. 0.00 % 0.75 %

-0.11 (-0.74%)

USD0.10B
JDST Direxion Daily Junior Gol.. 0.00 % 1.10 %

+0.45 (+23.44%)

USD0.18B
AGQ ProShares Ultra Silver 0.00 % 0.95 %

-0.28 (-1.42%)

USD0.18B
FTGC First Trust Global Tactic.. 0.00 % 0.95 %

N/A

USD0.14B
PSL Invesco DWA Consumer Stap.. 0.00 % 0.60 %

-0.08 (-0.14%)

USD0.14B
SIVR Aberdeen Standard Physica.. 0.00 % 0.30 %

-0.03 (-0.21%)

USD0.42B

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 -44.37% 14% F 22% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -44.37% 14% F 22% F
Trailing 12 Months  
Capital Gain 3.02% 60% D- 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.02% 60% D- 87% B+
Trailing 5 Years  
Capital Gain 16.18% 100% A+ 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 16.18% 100% A+ 72% C-
Average Annual (5 Year Horizon)  
Capital Gain 46.22% 100% A+ 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 46.22% 100% A+ 98% A+
Risk Return Profile  
Volatility (Standard Deviation) 99.31% 20% F 2% F
Risk Adjusted Return 46.54% 80% B- 49% F
Market Capitalization 1.54B 86% B 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 50% F 2% F
Price/Book Ratio 2.27 29% F 24% F
Price / Cash Flow Ratio 11.00 29% F 27% F
EV/EBITDA 13.70 29% F 24% F
Management Effectiveness  
Return on Equity -6.44% 29% F 17% F
Return on Invested Capital -0.10% 57% F 14% F
Return on Assets 0.04% 57% F 15% F
Debt to Equity Ratio 23.35% 20% F 82% B-
Technical Ratios  
Short Ratio 5.35 29% F 16% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.23 71% C- 29% 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.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

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:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

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

Overpriced on cashflow basis

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

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