The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. First Majestic Silver Corporation shares valued at $18,390,000 were purchased by Electrum Silver US LLC on Mar 11 ’25. At $6.13 per share, Electrum Silver US LLC acquired 3,000,000 shares.
Also, Electrum Silver US LLC purchased 8,000,000 shares, netting a total of over 49,280,000 in proceeds.
Analysts at TD Securities upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of October 20, 2020, TD Securities has increased its “Hold” rating to a “Buy” for AG. Earlier on July 24, 2020, TD Securities downgraded its rating. Their new recommendation was “a Hold” for AG stock which previously was a “a Buy”.
Analyzing AG Stock Performance
During the last five days, there has been a surge of approximately 14.38%. Over the course of the year, First Majestic Silver Corporation shares have jumped approximately 21.68%. Shares of the company reached a 52-week high of $6.73 on 03/13/25 and a 52-week low of $5.09 on 03/04/25. A 50-day SMA is recorded $5.70, while a 200-day SMA reached $6.07.
Support And Resistance Levels for First Majestic Silver Corporation (AG)
According to the 24-hour chart, there is a support level at 6.32, which, if violated, would cause prices to drop to 5.95. In the upper region, resistance lies at 6.89. The next price resistance is at 7.09. RSI (Relative Strength Index) is 66.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 3.05%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
