Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.įor stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. At the core, sentiment is pretty easy to understand. ![]() There are lots of ways to measure sentiment. Sentiment is how investors, or the market, feels about a stock. Gatos Silver Incs improved operating deficit of -5.599 million in the first quarter of 2023 is a significant development for the emerging growth company. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Gatos Silver recently unveiled an improved operating deficit of -5.599 million for the fiscal interval closing Mar 31, 2023, indicating increased efficiency compared to the previous year. It is typically a pretty short-term metric that relies entirely on technical analysis. First Majestic también produce y vende sus propias. If you had invested in First Majestic Silver stock at 3.90, your return over the last 16 years would have been 63. First Majestic Silver stock was originally listed at a price of 3.90 in Nov 28, 2006. Tiene 4 minas productoras bajo su control: mina de oro Jerritt Canyon, mina de plata / oro San Dimas, mina de plata / oro Santa Elena, mina de plata La Encantada. With First Majestic Silver stock trading at 6.39 per share, the total value of First Majestic Silver stock (market capitalization) is 1.83B. In investing, sentiment generally means whether or not a given security is in favor with investors. es una compañía minera canadiense de extracción de plata que opera en México y los Estados Unidos. Likely not, unless its price breaks strongly above overhead resistance in which case it may be eyeing $17.įor now, we believe that First Majestic Silver is a great long term play, though the short term is unsure.See Full AG Report What is Stock Sentiment? Prices can certainly go higher, but given the speculative nature the question is whether it is justified to go long at this point from a risk management perspective. Why First Majestic Silver Stock Rose as Much as 11.9 Today. Given all this, we believe that First Majestic Silver is bought on speculation. Real time First Majestic Silver (AG) stock price quote, stock graph, news & analysis. (Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced on Thursday that in Q1 2023, the company produced 7.6 million silver equivalent ounces (consisting of 2.5 million silver ounces and. Maybe the market knows more or is anticipating an answer. First Majestic Silver Corp stock price live 5.68, this page displays NYSE AG stock exchange data. First Majestic posts net loss of 100.7M in Q1 due to impairment charge on Jerritt Canyon. Somewhere this month we should see an announcement on one of their projects. ![]() The only explanation that makes sense is that First Majestic Silver has been rising with a falling silver price because of speculation. However, we also find this statement: “ Looking ahead, we plan to provide an updated production, costs and capital expenditure guidance in July to reflect the integration of the San Dimas operation.” The red bars indicate when First Majestic Silver was rising while the price of silver falling.Īccording to latest financial results of First Majestic Silver, published here, in May of this year, we see a healthy set of data: good production volume, costs under control, buyback of shares, healthy stream of projects. In fact, it is the strongest divergence in the last 5 years. Interestingly, as the second chart shows, First Majestic Silver shows a strong divergence with the silver price. How is this possible, and what could it mean? FIRST MAJESTIC SILVER (AG, 5.95) Stochastic Oscillator left the overbought zone on September 01, 2023. What is most surprising is that in the last 3 months First Majestic Silver has been rising while the silver price was declining and other silver miners ( SIL) were flat. FIRST MAJESTIC SILVER (AG, 5.95) price exceeded its 50-day Moving Average on September 01, 2023. ![]() Note how a beautiful breakout took place (overcoming the green bear market line) in April of this year. ![]() The long term pattern is a channel between $2.50 and $17, with a strong area at the center (purple bar). First Majestic Silver is now trading almost at the center of this range, right at resistance. Looking ahead, we forecast First Majestic Silver to be priced at 7.93 by the end of this quarter and at 7.41 in one year, according to Trading Economics global.
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