NYSE:AGFirst Majestic Silver Stock Price, Forecast & News

First Majestic Silver's stock was trading at $6.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AG shares have increased by 58.4% and is now trading at $10.41. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Majestic Silver.

First Majestic Silver is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for First Majestic Silver.

First Majestic Silver Corp. (NYSE:AG) released its quarterly earnings data on Thursday, May, 14th. The mining company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. The mining company earned $86.07 million during the quarter, compared to analysts' expectations of $95.45 million. First Majestic Silver had a positive return on equity of 2.57% and a negative net margin of 20.87%. View First Majestic Silver's earnings history.

3 analysts have issued 1-year target prices for First Majestic Silver's stock. Their forecasts range from $2.00 to $10.50. On average, they expect First Majestic Silver's share price to reach $6.42 in the next year. This suggests that the stock has a possible downside of 38.4%. View analysts' price targets for First Majestic Silver.

News articles about AG stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -1.2 on InfoTrie's scale. They also gave news articles about the mining company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about First Majestic Silver.

First Majestic Silver saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 36,350,000 shares, an increase of 5.6% from the June 15th total of 34,410,000 shares. Based on an average daily volume of 5,710,000 shares, the days-to-cover ratio is presently 6.4 days. Currently, 19.6% of the shares of the stock are short sold. View First Majestic Silver's Current Options Chain.

Some companies that are related to First Majestic Silver include Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), Iamgold (IAG), Eldorado Gold (EGO), Osisko gold royalties (OR), Coeur Mining (CDE), Seabridge Gold (SA), DRDGOLD (DRD), Fortuna Silver Mines (FSM), Maverix Metals (MMX), McEwen Mining (MUX) and Endeavour Silver (EXK). View all competitors.

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), Yamana Gold (AUY), Wheaton Precious Metals (WPM), Endeavour Silver (EXK), Canopy Growth (CGC), Pan American Silver (PAAS), Barrick Gold (GOLD) and McEwen Mining (MUX).

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

First Majestic Silver's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%). View institutional ownership trends for First Majestic Silver.

AG stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of AG stock can currently be purchased for approximately $10.41.

First Majestic Silver has a market capitalization of $2.18 billion and generates $363.94 million in revenue each year. The mining company earns $-40,470,000.00 in net income (profit) each year or $0.04 on an earnings per share basis. First Majestic Silver employs 5,131 workers across the globe.

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

First Majestic Silver's mailing address is 925 WEST GEORGIA STREET SUITE 1800, VANCOUVER A1, V6C 3L2. The mining company can be reached via phone at 604-688-3033.