How to Buy First Majestic Silver Stock
First Majestic Silver Corp
First Majestic Silver is a silver company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker AG on the NYSE exchange.
First Majestic Silver stock last closed at $6.72, down 0.15% from the previous day, and has decreased 5.08% in one year. It has overperformed other stocks in the Silver industry by 0.02 percentage points. First Majestic Silver stock is currently +61.15% from its 52-week low of $4.17, and -20.38% from its 52-week high of $8.44.
There are currently 287.15M AG shares outstanding. The market capitalization of AG is $1.93B. In the last 24 hours, 5.47M AG shares were traded.
How to Buy First Majestic Silver Stock
Not sure how to invest in First Majestic Silver stock? Here's how.
- Figure out where to buy First Majestic Silver stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy First Majestic Silver stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your information.
- Evaluate First Majestic Silver stock: The First Majestic Silver ticker symbol is AG. Is First Majestic Silver stock a good investment? Should you buy shares of AG? How do AG's underlying business fundamentals look? Do top analysts think First Majestic Silver is a good buy? Why has AG's stock price moved recently? (Hint: Our stock research website can help you decide if AG is a good stock to buy).
- Execute your AG buy order: Decide if you will purchase AG shares at the current market price or use a limit order to buy AG shares at a particular price.
- Monitor your AG investment: Create a watchlist to keep track of your new investment in First Majestic Silver stock.
Step 1: Figure out where to buy First Majestic Silver stock
You need a brokerage account in order to access the NYSE market and buy AG shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you can buy AG today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on one of the best stock apps, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Evaluate First Majestic Silver stock
Once you have chosen the best place to buy First Majestic Silver stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Overview of key AG info
First Majestic Silver Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on AG's stock page.
Is AG stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AG's true value.
Using relative valuations measures:
- AG could be undervalued based on its P/B ratio of 1.42x, relative to Silver industry P/B ratio of 1.59x
You can access more valuation analysis on AG's stock here.
How do AG Financials look?
Pros:
- There are more short-term assets than short-term liabilities on the AG balance sheet.
- Total AG debt is lower than 5 years ago, relative to shareholder equity.
- AG has cash burn of 90367000. It has sufficient cash and short-term investments to cover this for at least one year.
Cons:
- There are more long-term liabilities than short-term assets on the AG balance sheet.
- AG has $187.96M in cash and short term investments. This is not enough to cover its annual cash burn of $90.37M.
- AG has a relatively high debt to equity ratio of 0.46.
- AG profit margin has gone down from -18.3% to -23.5% in the past year.
Is First Majestic Silver stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who monitor AG, the consensus analyst rating on AG is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the First Majestic Silver stock forecast page.
Metrics for Advanced AG Traders
AG Earnings
Last year, AG revenue was $573.80M. Over the last five year, AG's revenue has increased by 13.78% per year. This was faster than the Silver industry average of 7.56%.
Learn more about AG's earnings and revenue performance here.
Are AG insiders buying or selling the stock?
Over the past 12 months, insiders at AG have not bought or sold any shares.
Research more about who owns AG stock here.
Does AG provide a stable income stream?
First Majestic Silver pays a dividend of 0.3%, compared to the Silver industry's average dividend yield of 0.53%. If you owned $1,000 of AG stock, you would have received $3.01 in the past 12 months.
Find more data about First Majestic Silver dividend yield and history here.
AG Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your AG buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Hit the Open button and eToro will place your order.
If you need more assistance buying stocks on eToro, watch the how to video below:
Step 6: Monitor your AG investment
Now that you own some AG shares, you'll want to stay up-to-date on your new company.
Start a watchlist to track the most important metrics related to your AG stock.
AG Feed
How to Buy Stock in First Majestic Silver
To reiterate, here are the 6 steps for buying First Majestic Silver stock:
- Figure out where to buy First Majestic Silver stock
- Create your brokerage account
- Fund your investment account
- Evaluate First Majestic Silver stock
- Execute your AG buy order
- Monitor your AG investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in First Majestic Silver, create a watchlist today.
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