NYSE:AG - First Majestic Silver Stock Price, News, & Analysis

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$5.99 +0.04 (+0.67 %)
(As of 04/25/2019 04:43 AM ET)
Previous Close$5.95
Today's Range$5.88 - $6.0799
52-Week Range$4.59 - $8.48
Volume2.83 million shs
Average Volume3.12 million shs
Market Capitalization$1.18 billion
P/E RatioN/A
Dividend YieldN/A
Beta-0.13
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. It owns and operates six silver producing mines, including the Santa Elena Silver/Gold Mine covering an area of 101,837 hectares located in Sonora; La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila; La Parrilla Silver Mine covering an area of 69,478 hectares located in Durango; Del Toro Silver Mine covering an area of 2,159 hectares situated in Zacatecas; San Martin Silver Mine covering an area of 38,512 hectares located in Jalisco; and La Guitarra Silver Mine that consists of 39,714 hectares situated in México State. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was founded in 1979 and is headquartered in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone604-688-3033

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$300.93 million
Cash Flow$0.2842 per share
Book Value$3.07 per share

Profitability

Net Income$-204,160,000.00

Miscellaneous

Employees3,900
Market Cap$1.18 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

First Majestic Silver (NYSE:AG) Frequently Asked Questions

What is First Majestic Silver's stock symbol?

First Majestic Silver trades on the New York Stock Exchange (NYSE) under the ticker symbol "AG."

How will First Majestic Silver's stock buyback program work?

First Majestic Silver declared that its Board of Directors has approved a share buyback program on Monday, March 19th 2018, which authorizes the company to repurchase 8,290,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

How were First Majestic Silver's earnings last quarter?

First Majestic Silver Corp. (NYSE:AG) announced its earnings results on Monday, February, 25th. The mining company reported ($0.05) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.01. The mining company earned $74.10 million during the quarter, compared to analyst estimates of $116.30 million. First Majestic Silver had a negative return on equity of 5.77% and a negative net margin of 67.85%. The company's quarterly revenue was up 21.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) EPS. View First Majestic Silver's Earnings History.

When is First Majestic Silver's next earnings date?

First Majestic Silver is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for First Majestic Silver.

What price target have analysts set for AG?

7 equities research analysts have issued 12-month price targets for First Majestic Silver's shares. Their predictions range from $6.00 to $8.75. On average, they anticipate First Majestic Silver's share price to reach $7.6875 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price. View Analyst Price Targets for First Majestic Silver.

What is the consensus analysts' recommendation for First Majestic Silver?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Majestic Silver.

What are Wall Street analysts saying about First Majestic Silver stock?

Here are some recent quotes from research analysts about First Majestic Silver stock:
  • 1. According to Zacks Investment Research, "First Majestic Silver Corp. is engaged in the production, development, exploration, and acquisition of silver mines in Mexico. First Majestic Silver Corp. is headquartered in Vancouver, Canada. " (4/23/2019)
  • 2. HC Wainwright analysts commented, "We maintain our Buy rating but reduce our per share PT from $9.00 to $7.50. Our lowered PT is mostly due to our reduced commodity pricing outlook. Our valuation is based on a composite of our NAV estimate and our 2019 CFPS estimate with a NAV multiple of 1.8x. This was recently lowered from 1.9x due to the issues at La Guitarra. We maintain an 18x multiple on our 2019E, and round our blended estimate to reach our $7.50 per share PT. Risks. (1) Commodity price risk; (2) operating and technical risk; (3) political risk; and (4) financing risk." (1/15/2019)

Has First Majestic Silver been receiving favorable news coverage?

Media coverage about AG stock has been trending somewhat negative on Thursday, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Majestic Silver earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the mining company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Who are some of First Majestic Silver's key competitors?

What other stocks do shareholders of First Majestic Silver own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Majestic Silver investors own include First Majestic Silver (FR), SSR Mining (SSRM), Coeur Mining (CDE), Wheaton Precious Metals (WPM), Endeavour Silver (EXK), Yamana Gold (AUY), Canopy Growth (CGC), McEwen Mining (MUX), Barrick Gold (GOLD) and Pretium Resources (PVG).

Who are First Majestic Silver's key executives?

First Majestic Silver's management team includes the folowing people:
  • Mr. Keith N. Neumeyer, Pres, CEO & Director (Age 59)
  • Mr. Raymond L. Polman C.P.A., C.A., B.Sc. (Econ), CPA, CA, Chief Financial Officer (Age 59)
  • Mr. Dustin Simon VanDoorselaere, Chief Operating Officer
  • Mr. Martin Ernesto Palacios MBA, CMC, Chief Transformation Officer (Age 55)
  • Mr. Ramon Mendoza Reyes P. Eng., VP of Technical Services

Who are First Majestic Silver's major shareholders?

First Majestic Silver's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Creative Planning (0.02%).

Which institutional investors are selling First Majestic Silver stock?

AG stock was sold by a variety of institutional investors in the last quarter, including Creative Planning.

How do I buy shares of First Majestic Silver?

Shares of AG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Majestic Silver's stock price today?

One share of AG stock can currently be purchased for approximately $5.99.

How big of a company is First Majestic Silver?

First Majestic Silver has a market capitalization of $1.18 billion and generates $300.93 million in revenue each year. The mining company earns $-204,160,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. First Majestic Silver employs 3,900 workers across the globe.

What is First Majestic Silver's official website?

The official website for First Majestic Silver is http://www.firstmajestic.com.

How can I contact First Majestic Silver?

First Majestic Silver's mailing address is 925 WEST GEORGIA STREET SUITE 1805, VANCOUVER A1, V6C 3L2. The mining company can be reached via phone at 604-688-3033.


MarketBeat Community Rating for First Majestic Silver (NYSE AG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  347 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  685
MarketBeat's community ratings are surveys of what our community members think about First Majestic Silver and other stocks. Vote "Outperform" if you believe AG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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