First Majestic Silver Corp. Canada is in the basic materials sector and metals and mining industry. The company CEO is Keith Neumeyer. First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico.



Previous Intraday Performance:

The AG shares had a previous change of -0.48% which opened at 6.35 and closed at 6.27. It moved to an intraday high of 6.40 and a low of 6.25.

SeekingAlpha:  First Majestic Silver (AG) Investor Presentation – Slideshow

Historical Performance:

Over the last five trading days, AG shares returned -4.13% and in the past 30 trading days it returned -2.03%. Over three months, it changed 16.54%. In one year it has changed -4.71% and within that year its 52-week high was 8.48 and its 52-week low was 4.59. AG stock is 36.60% above its 52 Week Low.

Our calculations result in a 200 day moving average of 6.06 and a 50 day moving average of 6.51. Right now, AG stock is trading 3.43% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  First Majestic Silver (AG) Investor Presentation – Slideshow

Liquidity:

The company has a market cap of $1.2b with 196.6m shares outstanding and a float of 196.6m shares. Trading volume was 1,639,092 shares and has experienced an average volume of 3,021,747 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for First Majestic Silver Corp. Canada was -1.11 which ended on 31st of December 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.00.

Base on our calculations, the intrinsic value per share is 27.16, which means it might be undervalued and has a margin of safety of 76.91%

The next earnings report will be: 05-08-2019

The long-term trend of the EPS is an important number as it indicates the present value of First Majestic Silver Corp. Canada; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 10.80% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 49.20% of institutional ownership. Short-interest was 25,320,725, which was 12.88% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.42. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

I calculated the beta to be -0.15

SeekingAlpha:  58 Stocks Going Ex-Dividend Next Week (Oct. 30th-Nov. 3rd)

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -35.99%, return on assets is -24.74%, profit margin is -78.70%, price-to-sales is 3.62 and price-to-book is 2.07.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 2  : Financial Safety Result
 0  : Past Performance Result
 2  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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