NYSE:AG - First Majestic Silver Stock Price, Price Target & More

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

First Majestic Silver declared that its board has approved a stock buyback program on Monday, March 19th 2018, which allows the company to repurchase 8,290,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

First Majestic Silver (NYSE:AG) announced its quarterly earnings results on Wednesday, May, 9th. The mining company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.04. The mining company had revenue of $58.59 million for the quarter, compared to analyst estimates of $63.79 million. First Majestic Silver had a negative return on equity of 3.27% and a negative net margin of 25.47%. View First Majestic Silver's Earnings History.

First Majestic Silver is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for First Majestic Silver.

6 brokers have issued twelve-month price objectives for First Majestic Silver's shares. Their forecasts range from $8.75 to $12.00. On average, they expect First Majestic Silver's share price to reach $9.9167 in the next twelve months. View Analyst Ratings for First Majestic Silver.

Some companies that are related to First Majestic Silver include Kinross Gold (KGC), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Iamgold (IAG), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), Osisko Gold Royalties (OR), Coeur Mining (CDE), Tahoe Resources (TAHO), Fortuna Silver Mines (FSM), Eldorado Gold (EGO), Harmony Gold (HMY) and McEwen Mining (MUX).

News coverage about AG stock has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Majestic Silver earned a news impact score of 0.23 on Accern's scale. They also gave news articles about the mining company an impact score of 46.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

First Majestic Silver's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (12.33%), Global X Management Co. LLC (1.41%), Commerzbank Aktiengesellschaft FI (0.70%), Alps Advisors Inc. (0.59%), ETF Managers Group LLC (0.24%) and Swiss National Bank (0.17%). 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, Royal Bank of Canada, Baird Financial Group Inc., Alps Advisors Inc., Hsbc Holdings PLC and Toronto Dominion Bank. View Insider Buying and Selling for First Majestic Silver.

AG stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, CIBC Asset Management Inc, Global X Management Co. LLC, BNP Paribas Arbitrage SA, Guggenheim Capital LLC, ETF Managers Group LLC, First Republic Investment Management Inc. and CIBC World Markets Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of AG stock can currently be purchased for approximately $7.09.

First Majestic Silver has a market capitalization of $1.18 billion and generates $252.29 million in revenue each year. The mining company earns $-53,270,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. First Majestic Silver employs 4,012 workers across the globe.

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.