| First Majestic Silver is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. We show 15 historical shares outstanding datapoints in our AG shares outstanding history coverage, used to compute AG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AG market cap history over the course of time is important for investors
interested in comparing AG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AG versus a peer is one thing; comparing
AG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AG can fluctuate over the course of history.
With this page we aim to empower investors researching AG by allowing them to research the AG market cap history.