10.35 +0.02 (0.19%)
After hours: 7:51PM EST
|Bid||10.35 x 1100|
|Ask||10.34 x 3200|
|Day's Range||10.28 - 10.63|
|52 Week Range||5.08 - 12.69|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.54|
First Majestic Silver Corp. ("First Majestic" or the "Company") is pleased to announce the Company’s 2020 production and cost guidance including capital investments and future growth initiatives. In addition, we continue to advance underground development activities at the Ermitaño project near Santa Elena to prepare the mine for initial production in early 2021. The Company expects 2020 silver production to range between 11.8 to 13.2 million ounces with total production (including gold by-products) between 21.5 to 24.0 million silver equivalent ounces.
First Majestic Silver Corp. ("First Majestic" or the "Company") is pleased to announce the Company’s fourth quarter and full year 2019 production results. In addition, the Company is expecting to release its 2020 production, cost and capital guidance, as well as host a conference call, on January 21, 2020. Fourth quarter and full year 2019 financial results are scheduled to be released on February 19, 2020.
Silver stocks, which are primarily involved in mining, are driven by their use in a wide range of industrial processes, and also by the metal's traditional role, along with gold, as a safe haven asset. Silver stocks' performance also is driven by the yield on bank CDs or Treasury bonds. All the silver companies in this report are headquartered in Canada and the primary trading venue for their shares is the Toronto Stock Exchange, but they also trade on U.S. exchanges.
Well, the Federal Reserve gave its stamp of approval not only for this year, but going into next year. All is steady as she goes.That's good news for stocks that are doing well right now. And because we have plenty of those, there's no real point in buying potential comeback stocks or bottom fishing.The seven "A"-rated stocks to buy before 2020 are the cream of my Portfolio Grader favorites. They represent mostly small- and mid-cap companies, because these sectors should do especially well as the economy continues to expand.InvestorPlace - Stock Market News, Stock Advice & Trading TipsRemember, in election years, neither party wants to take away the punch bowl. They will let the good times roll until January 2021. These stocks are the best ways to take advantage of that. 'A'-Rated Stocks: Essential Properties Realty Trust (EPRT)Source: Shutterstock Essential Properties Realty Trust (NYSE:EPRT) is part of a larger empire run by Todd Boehly, a former managing partner of global financial giant Guggenheim Partners. Boehly built a new company starting with insurer Security Benefit, and then created a larger holding company, Eldridge Industries.EPRT is one of the few companies in this growing empire that is publicly traded. And it was only launched last year. This real estate investment trust (REIT) focuses on middle market, single-tenant, service-oriented buildings like convenience stores.It also is a triple-net lease REIT, which means the tenants pay taxes, upkeep and insurance. That means the REIT doesn't have any of those hassles or expenses. * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade Since its mid-2018 launch, U.S.-based REITs have been very hot, and that's no exception for EPRT. The stock is up almost 80% in its first year, still has a 3.8% dividend and has a trailing price-to-earnings ratio of 41.8. First Majestic Silver (AG)Source: Shutterstock First Majestic Silver (NYSE:AG) is Canada-based silver mining company that has most of its production and mines in Mexico. It has been around since 1979, so it is a survivor.While its $2.2 billion market capitalization makes it a small stock, it's a pretty big player in metals markets.Generally speaking, silver does a decent job tracking gold prices. The difference between the metal and the miners is that mining stocks are usually a bit more leveraged -- on the upside and downside -- than the actual metal.Silver is now trading around $16.80 an ounce, but in September it was up to nearly $20 an ounce. All the same, it started the year around $14.80, so it has settled down a bit.Silver differs from gold slightly because there is more of it, and it's considered both a precious and industrial metal due to its availability. Like gold, it's a good hedge against currency-based equities like stocks and bonds. But it also does well when demand rises on the industrial side.The stock is up 107% in the past year, which shows the leverage miners get when the economy is improving. Hilltop Holdings (HTH)Source: Shutterstock Hilltop Holdings (NYSE:HTH) is a holding company that operates the regional bank PlainsCapital Bank in Texas. It has 60 branch offices and $9.3 billion in assets.Regional banks are in a very good spot right now, and that should last for a while. Interest rates are stable, so it's easier to manage their stockpile of U.S. Treasury bonds they hold as cash reserves. It also means they can set interest rates and manage their lending with better intermediate-term visibility.Also, some of the legislation they were under with the Dodd-Frank Wall Street Reform and Consumer Protection Act has been eased. This means fewer regulatory hoops and that means healthier margins. * The 10 Worst Dividend Stocks of the Decade And while neo banks and digital banking are both looming threats, good-sized banks are partnering with financial technology companies rather than competing directly with them.HTH stock is up 40% in the past year, yet its trailing P/E is below 12. That's a bargain. Pilgrim's Pride (PPC)Source: Shutterstock Pilgrim's Pride (NASDAQ:PPC) is one of the largest chicken producers in the U.S. and the No. 2 chicken producer in Mexico. It also has operations in Europe and exports its products around the world.PPC has been around since 1946, but in 2009 it went bankrupt. It is now a majority Brazilian-owned company but has its headquarters in Greeley, Colorado.The stock was doing very well until January 2018. That was when the trade war started to take a bite out of the stock. At the time, PPC stock was trading above $37. Now it's at $32.And it's been a wild ride in between. By January 2019, PPC stock was trading in the mid-$15 range. In the past year, the stock is up 90%.In November, China said it would again start buying U.S. chicken products. That is very encouraging news moving forward. Even if the trade war lingers on for some sectors, big outfits like Pilgrim's Pride now have a significant market back, which should help the stock continue its rise. PulteGroup (PHM)Source: Shutterstock PulteGroup (NYSE:PHM) is the third largest home construction company in the U.S. It primarily operates across 23 states. It has a variety of brands that meet every price point, from first-time homebuyer, to upscale communities, to age-restricted 55-plus communities.With over 65 years in the business, PHM has remained ahead of the trends and delivered quality and value.As a U.S.-focused firm, it doesn't have to worry about trade wars. And in the current low-interest rate, low unemployment economy, with the Federal Reserve buying up mortgage-backed securities, PHM is in a great position.What's more, the stock is a bargain. It's up more than 53% in the past 12 months, yet its trailing P/E is a mere 12. * 10 Best-Performing Growth Stocks of the 2010s At this point in the housing cycle, inventories for new homes are low, so that means mild growth can keep PHM on an upward path. Teledyne Technologies (TDY)Source: Shutterstock Teledyne Technologies (NYSE: TDY) has been known as a leading aerospace and defense company.While this is still a great sector for the company -- and recent defense spending shows why -- its work for such demanding customers means its equipment is also perfectly suited for the rigors of other industries as well.For example, its work in drones and aerospace electronics means it can supply these military-grade products to the for-profit aerospace industry looking into drone delivery services.Also, equipment that can endure the rigors of space can also be very valuable when exploring and producing offshore oil. And on the renewable side, its battery technologies have a new potential revenue source.With a market cap just above $12.6 billion, its size also means it has the opportunity to grow more easily than its larger-cap brethren. Its numbers are also encouraging, with industry-leading earnings growth and strong free cash flow.The stock is up 68% in the past year, but its P/E is only half of that. Ross Stores (ROST)Source: Andriy Blokhin / Shutterstock.com Ross Stores (NASDAQ:ROST) seems like an odd stock to have in a story based on a strong economy and a confident consumer. I mean, this discount retailer doesn't even have an e-commerce site.That's right, while other retailers are getting their lunch eaten by companies that have focused on e-commerce, ROST hasn't moved to digital, and it's still doing very well.Part of its allure is the concept of bargain hunting. If you know millennials, you know they love to thrift shop. And ROST is basically kind of upscale thrift shopping. You never know what bargains you'll find.Plus, after the financial crisis and the long decade of struggle to get beyond it, a lot of shoppers left the premium-priced department stores and landed in Ross stores. And those customers have never left.The stock is up 69% in the past 12 months and it's averaging more than 23% gains annually over the past 3 years. Whether the economy is hot or cold, ROST keeps chugging along.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post 7 'A'-Rated Stocks to Buy Before 2020 appeared first on InvestorPlace.
Picking breakout stocks is one of the most-favored methods for those utilizing an active investing approach since this strategy offers the promise of superlative returns.
First Majestic (AG) delivered earnings and revenue surprises of -14.29% and -7.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
VANCOUVER, British Columbia, Nov. 07, 2019 -- FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim.
First Majestic (AG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
First Majestic Silver Corp. ("First Majestic" or the "Company") announces total production in the third quarter of 2019 reached 6.6 million silver equivalent ounces, representing a 4% increase compared to the prior quarter.
First Majestic Silver (AG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Silver prices are currently at a two-year high on account of a dovish fed, concerns over the ongoing trade war and subdued global economic outlook.
First Majestic (AG) delivered earnings and revenue surprises of -100.00% and -4.67%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
VANCOUVER, British Columbia, Aug. 07, 2019 -- FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim.
It's been said there's always a bull market somewhere. But if you want to catch this type of trend as its emerging on the price chart, there may be no better spot than in silver. And the smarter way to capitalize on this cycle is buying leadership in silver stocks Wheaton Precious Metals (NYSE:WPM), Pan American Silver (NASDAQ:PAAS) and First Majestic Silver (NYSE:AG).Silver has earned a reputation as the proverbial ugly sister of gold. And in recent years that label has been rightfully earned. Performance wise, the iShares Gold Trust (NYSEARCA:GLD) recently broke above its key 2016 high. At the same time, the iShares Silver Trust (NYSEARCA:SLV) is about 23% below that year's high-water mark.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe under-performance doesn't stop there either. Right now GLD stock is also roughly 27% from its high in 2011 which immediately preceded a lengthy bear market for the precious metal. On the other hand, silver is off by 70%. And unlike gold, silver is still in the grips of this menacing force. * The 10 Best Stocks to Invest in for August Markets do however rotate through both bull and bear cycles. Some may take their time, but it's a universal truth. What's more, those winds of change are blowing for silver stocks following May's higher low pattern in the commodity and this month's breakout of downtrend resistance dating back to the 2016. And that's even better news for market-leading silver stocks WPM, PAAS and AG stock.But to position more smartly, it's time to locate entry points in these silver stocks which offer bullish exposure with less risk and stronger upside potential. Wheaton Precious Metals (WPM) Click to EnlargeWheaton Precious Metals is the first of our silver stocks to buy. WPM stock has displayed relative strength during all of 2019 and there's little reason to think this trend won't continue. After breaking out and subsequently successfully testing downtrend resistance dating back to 2016, WPM has continued to rally strongly to fresh relative highs.The provided weekly view of this silver stock does a good job of displaying WPM's technical wherewithal. However, a candle topping pattern and overbought situation suggests a pullback is likely and hence, buying into weakness is the strategy of choice.Put WPM stock on the radar for a pullback entry. Ideally, a decline in price will result in this silver stock moving into the area from $23 - $24.50 which has multiple layers of Fibonacci and trendline support. A price drop of this size should also neutralize today's overbought condition. I'd suggest using a confirmed weekly low in shares for exiting and taking initial profits as shares rally to challenge 2016's high. Pan American Silver (PAAS) Click to EnlargePan American is the second of our silver stocks. Unlike WPM, shares haven't broken out above trendline resistance. But PAAS stock is interesting as it displayed relative strength back in 2017 by challenging 2016's ubiquitous high when other silver stocks were sinking.Since that period of outperformance PAAS has put together a downward sloping channel. Shares are now stationed up against resistance. However, they've also broken above the 50% retracement level from the 2017 high. Given a bit of additional consolidation work and maybe a chance for its own overbought conditions to be worked off, this silver stock looks good to stage a meaningful breakout. * 6 Upcoming IPOs for August Buy this silver stock on a breakout. Maybe PAAS's overbought conditions will ease before a trigger, but sometimes overbought conditions beget more of the same. This looks like one of those situations. I'd recommend using the consolidation low or up to 10% for a stop-loss to contain downside exposure. On the upside, a challenge of PAAS stock's 2016 and 2017 highs near $21 for taking partial profits is suggested. First Majestic Sliver (AG) Click to EnlargeFirst Majestic Silver is the last of our silver stocks. In 2016, AG stock showed amazing technical leadership as shares blasted higher by nearly six-fold before crashing lower with silver and most other industry players. With AG stock I'm looking for a return of price momentum in 2019's second half.Currently shares of AG are testing the 2017 high which is aligned with the 38% retracement level from 2016's cycle peak. Similar to PAAS, I'm not expecting a deeper pullback pattern to emerge. It could happen, but for now I'd put this silver stock on the radar for purchase above the high formed last week.On the upside, I'd be aware of the $12.00 area as the 50% retracement level comes into play. However, with AG stock above its 2017 peak and the decline from 2016's high a swift price collapse, I'm anticipating resistance won't be any trouble until approximately $13.50 and the 62% level. That's where I'd look to take initial profits.For AG stock to stay on the watch list as a momentum-style breakout candidate, I'd like to see shares remain above $9.25. If this silver stock falters, the entry is off the table and waiting for a much deeper and oversold pullback to form would make sense.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy With Over 20% Upside From Current Levels * The 10 Best Stocks to Invest in for August * 6 Upcoming IPOs for August The post 3 Silver Stocks to Buy: WPM, AG and PAAS appeared first on InvestorPlace.
First Majestic (AG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.