(VIANEWS) – Shares of First Majestic Silver (NYSE: AG) jumped by a staggering 15.25% in 5 sessions from $6.1 to $7.03 at 10:38 EST on Friday, after two consecutive sessions in a row of losses. NYSE is sliding 0.88% to $14,700.38, following the last session’s upward trend.
First Majestic Silver’s last close was $6.92, 52.57% below its 52-week high of $14.59.
About First Majestic Silver
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine 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 consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 12,795 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in Mexico. 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.
Earnings Per Share
As for profitability, First Majestic Silver has a trailing twelve months EPS of $0.11.
PE Ratio
First Majestic Silver has a trailing twelve months price to earnings ratio of 65.14. Meaning, the purchaser of the share is investing $65.14 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.41%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 200% and positive 50% for the next.
Volume
Today’s last reported volume for First Majestic Silver is 1503751 which is 77.85% below its average volume of 6346280.
Moving Average
First Majestic Silver’s value is below its 50-day moving average of $7.59 and way below its 200-day moving average of $7.97.
More news about First Majestic Silver (AG).
