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

First Majestic Silver Corp (AG) stock has risen 7.40% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

See Full AG Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With AG Stock Today?

First Majestic Silver Corp (AG) stock is trading at $5.66 as of 12:08 PM on Friday, Nov 24, a gain of $0.22, or 4.04% from the previous closing price of $5.44. The stock has traded between $5.47 and $5.75 so far today. Volume today is light. So far 3,166,866 shares have traded compared to average volume of 6,482,703 shares.

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.