HC Wainwright Issues Optimistic Estimate for TSE:AG Earnings

First Majestic Silver Corp. (TSE:AG - Free Report) - HC Wainwright boosted their FY2025 earnings estimates for shares of First Majestic Silver in a research note issued to investors on Thursday, July 10th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.12 per share for the year, up from their prior forecast of $0.08. The consensus estimate for First Majestic Silver's current full-year earnings is $0.46 per share. HC Wainwright also issued estimates for First Majestic Silver's FY2026 earnings at $0.16 EPS.

Separately, National Bank Financial raised shares of First Majestic Silver to a "hold" rating in a research report on Thursday, June 12th.

First Majestic Silver Trading Up 2.6%

Shares of TSE:AG opened at C$11.82 on Friday. The company has a market capitalization of C$4.00 billion, a price-to-earnings ratio of -30.65 and a beta of 1.36. First Majestic Silver has a 12 month low of C$6.23 and a 12 month high of C$11.94. The firm's 50-day moving average is C$9.87 and its 200 day moving average is C$8.98.

First Majestic Silver Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 30th were paid a dividend of $0.0045 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $0.02 dividend on an annualized basis and a yield of 0.15%. First Majestic Silver's payout ratio is -5.19%.

First Majestic Silver Company Profile

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.

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