Is First Majestic Silver Corp (AG) Stock About to Get Hot Friday?

First Majestic Silver Corp (AG) stock is lower by 4.08% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

First Majestic Silver Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AG!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For 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.

What's Happening With AG Stock Today?

First Majestic Silver Corp (AG) stock is trading at $6.11 as of 12:45 PM on Friday, Aug 4, a gain of $0.18, or 3.04% from the previous closing price of $5.93. The stock has traded between $5.99 and $6.23 so far today. Volume today is below average. So far 3,451,440 shares have traded compared to average volume of 4,628,301 shares. To screen for more stocks like First Majestic Silver Corp click here.

More About First Majestic Silver Corp

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Click Here to get the full Stock Report for First Majestic Silver Corp stock.