NYSE:AGFirst Majestic Silver Stock Price, Forecast & News

First Majestic Silver's stock was trading at $6.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AG shares have increased by 51.9% and is now trading at $9.98. 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) posted its earnings results 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 analyst estimates of $95.45 million. First Majestic Silver had a negative net margin of 20.87% and a positive return on equity of 2.57%. View First Majestic Silver's earnings history.

3 brokerages have issued 12-month price objectives for First Majestic Silver's stock. Their forecasts range from $2.00 to $10.50. On average, they anticipate First Majestic Silver's stock price to reach $6.42 in the next year. This suggests that the stock has a possible downside of 35.7%. View analysts' price targets for First Majestic Silver.

News articles about AG stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Majestic Silver earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the mining company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutFirst Majestic Silver.

First Majestic Silver saw a increase in short interest in May. As of May 15th, there was short interest totaling 27,400,000 shares, an increase of 5.1% from the April 30th total of 26,080,000 shares. Based on an average daily volume of 5,770,000 shares, the days-to-cover ratio is currently 4.7 days. Currently, 14.8% of the shares of the stock are sold short. View First Majestic Silver's Current Options Chain.

Some companies that are related to First Majestic Silver include Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), Iamgold (IAG), Osisko gold royalties (OR), Eldorado Gold (EGO), Coeur Mining (CDE), Seabridge Gold (SA), Fortuna Silver Mines (FSM), DRDGOLD (DRD) and Maverix Metals (MMX). 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 many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (10.64%), Morgan Stanley (1.21%), Morgan Stanley (1.21%), ETF Managers Group LLC (0.79%), Public Sector Pension Investment Board (0.25%) and Canada Pension Plan Investment Board (0.20%). View institutional ownership trends for First Majestic Silver.

AG stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Morgan Stanley, Morgan Stanley, Van ECK Associates Corp, BNP Paribas Arbitrage SA, Voloridge Investment Management LLC, Two Sigma Advisers LP, and Toronto Dominion Bank. View insider buying and selling activity for First Majestic Silver.

AG stock was bought by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Intact Investment Management Inc., ETF Managers Group LLC, JPMorgan Chase & Co., Private Advisor Group LLC, Commonwealth Equity Services LLC, Public Sector Pension Investment Board, and Grantham Mayo Van Otterloo & Co. LLC. 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 $9.98.

First Majestic Silver has a market capitalization of $2.09 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 1805, VANCOUVER A1, V6C 3L2. The mining company can be reached via phone at 604-688-3033.