AG:NYE-First Majestic Silver Corp (USD)

COMMON STOCK | Silver | NYE

Last Closing Price

USD 16.60

Change

-0.27 (-1.60)%

Market Cap

USD 3.75B

Volume

3.87M

Average Target Price

USD 18.38 (+10.69%)
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 and gold production in Mexico. It holds 100% interests in the San Dimas Silver/Gold Mine comprises 119 concessions covering an area of 71,839 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine consists of 32 concessions covering an area of 102,172 hectares located in Sonora; and the 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. The company also holds 100% interests in the La Parrilla Silver Mine that covers an area of 69,478 hectares located in Durango; the Del Toro Silver Mine comprises 70 mining concessions covering an area of 2,159 hectares located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 38,512 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in México. In addition, it holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,913 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.

Company Website : http://www.firstmajestic.com

Address : 925 West Georgia Street, Vancouver, BC, Canada, V6C 3L2

Fiscal Year End : December

Currency: USD

Country : USA

Technical Indicators

Beta : 1.08

52 Week High : 24.01

Short Ratio : 3.22

52 Week Low : 6.76

Shorted Shares : 15,058,902

200 Day Moving Average : 13.58

Shorted Shares Previous Month : 17,645,173

50 Day Moving Average : 16.57

Shares Held By Insiders : 51.47%

Short Percentage : 7.00%

Shares Held by Institutions : 38.67%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-16 )

Largest Industry Peers for Silver

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

+0.20 (+1.16%)

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FSM Fortuna Silver Mines Inc

-0.03 (-0.39%)

 USD1.42B 64.42 13.11
SVM Silvercorp Metals Inc

-0.03 (-0.54%)

 USD0.97B 22.95 7.98
EXK Endeavour Silver Corp

-0.02 (-0.36%)

 USD0.92B 702.50 28.51
ASM Avino Silver & Gold Mines Ltd

-0.03 (-2.36%)

 USD0.13B 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 %

-0.01 (-0.03%)

 USD0.04B
SIL Global X Silver Miners ET.. 0.00 % 0.65 %

+0.19 (+0.43%)

 USD1.22B
G2XJ:F VanEck Vectors Junior Gol.. 0.00 % 0.55 %

+0.24 (+0.66%)

 USD0.46B
GJGB:LSE VanEck Vectors Junior Gol.. 0.00 % 0.55 %

+0.14 (+0.45%)

 USD0.36B
GDXJ:LSE VanEck Vectors Junior Gol.. 0.00 % 0.55 %

+0.24 (+0.56%)

 USD0.46B
COMB GraniteShares Bloomberg C.. 0.00 % 0.25 %

-0.09 (-0.35%)

 USD0.13B
BCI Aberdeen Standard Bloombe.. 0.00 % 0.25 %

+0.01 (+0.04%)

 USD0.43B
BCD Aberdeen Standard Bloombe.. 0.00 % 0.29 %

-0.02 (-0.07%)

 USD0.02B
SILJ ETFMG Prime Junior Silver.. 0.00 % 0.69 %

-0.07 (-0.44%)

 USD0.81B
RJZ ELEMENTS Linked to the Ro.. 0.00 % 0.75 %

+0.01 (+0.05%)

 USD4.81M
DBP Invesco DB Precious Metal.. 0.00 % 0.75 %

+0.32 (+0.65%)

 USD0.12B
JJP iPath Series B Bloomberg .. 0.00 % 0.45 %

+0.37 (+0.58%)

 USD6.20M
JDST Direxion Daily Junior Gol.. 0.00 % 1.05 %

-0.24 (-2.44%)

 USD0.08B
GLTR Aberdeen Standard Physica.. 0.00 % 0.60 %

+0.67 (+0.70%)

 USD0.87B
GDXS ProShares UltraShort Gold.. 0.00 % 0.95 %

N/A

 USD1.35M
GDXJ VanEck Vectors Junior Gol.. 0.00 % 0.53 %

+0.53 (+1.06%)

 USD5.14B
FTGC First Trust Global Tactic.. 0.00 % 0.95 %

-0.02 (-0.09%)

 USD0.82B
FAAR First Trust Alternative A.. 0.00 % 0.95 %

-0.09 (-0.29%)

 USD0.09B
DBS Invesco DB Silver Fund 0.00 % 0.75 %

+0.12 (+0.32%)

 USD0.03B
G2XJ:XETRA VanEck Vectors Junior Gol.. 0.00 % 0.55 %

+0.22 (+0.60%)

 USD0.46B

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 23.51% 100% A+ 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 23.51% 100% A+ 80% B-
Trailing 12 Months  
Capital Gain 138.16% 50% F 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 138.16% 50% F 86% B
Trailing 5 Years  
Capital Gain 101.95% 100% A+ 79% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 101.95% 100% A+ 75% C
Average Annual (5 Year Horizon)  
Capital Gain 12.09% 50% F 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.09% 50% F 75% C
Risk Return Profile  
Volatility (Standard Deviation) 48.59% 67% D+ 14% F
Risk Adjusted Return 24.88% 50% F 43% F
Market Capitalization 3.75B 100% A+ 69% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 156.20 60% D- 5% F
Price/Book Ratio 4.54 43% F 24% F
Price / Cash Flow Ratio 47.01 29% F 7% F
EV/EBITDA 38.12 33% F 13% F
Management Effectiveness  
Return on Equity 3.05% 71% C- 43% F
Return on Invested Capital 4.54% 86% B 52% F
Return on Assets 3.06% 71% C- 64% D
Debt to Equity Ratio 16.67% 67% D+ 83% B
Technical Ratios  
Short Ratio 3.22 17% F 25% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.08 57% F 49% 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 capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it 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.

Superior Revenue Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

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.