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

$6.64 +0.08 (+1.22 %)
(As of 04/26/2018 09:24 AM ET)
Previous Close$6.56
Today's Range$6.44 - $6.72
52-Week Range$4.93 - $9.36
Volume2.47 million shs
Average Volume3.61 million shs
Market Capitalization$1.09 billion
P/E Ratio-166.00
Dividend YieldN/A
Beta0.2

About First Majestic Silver (NYSE:AG)

First Majestic Silver logoFirst 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
SymbolNYSE:AG
CUSIPN/A
Phone604-688-3033

Debt

Debt-to-Equity Ratio0.04%
Current Ratio3.14%
Quick Ratio2.79%

Price-To-Earnings

Trailing P/E Ratio-166.00
Forward P/E Ratio221.33
P/E GrowthN/A

Sales & Book Value

Annual Sales$252.29 million
Price / Sales4.36
Cash Flow$0.4383 per share
Price / Cash15.15
Book Value$3.51 per share
Price / Book1.89

Profitability

EPS (Most Recent Fiscal Year)($0.04)
Net Income$-53,270,000.00
Net Margins-21.12%
Return on Equity-1.00%
Return on Assets-0.75%

Miscellaneous

Employees4,012
Outstanding Shares165,730,000

How to Become a New Pot Stock Millionaire

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 announced that its board has approved a share repurchase plan 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 purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued.

How were First Majestic Silver's earnings last quarter?

First Majestic Silver (NYSE:AG) posted its earnings results on Wednesday, February, 28th. The mining company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.03. The mining company had revenue of $61.17 million for the quarter, compared to the consensus estimate of $65 million. First Majestic Silver had a negative return on equity of 1.00% and a negative net margin of 21.12%. 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, 9th 2018. View Earnings Estimates for First Majestic Silver.

What price target have analysts set for AG?

5 Wall Street analysts have issued twelve-month price objectives for First Majestic Silver's shares. Their forecasts range from $9.00 to $12.00. On average, they anticipate First Majestic Silver's share price to reach $10.25 in the next twelve months. View Analyst Ratings for First Majestic Silver.

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

Who are First Majestic Silver's key executives?

First Majestic Silver's management team includes the folowing people:
  • Mr. Keith N. Neumeyer, Chief Exec. Officer, Pres and Director (Age 58)
  • Mr. Raymond L. Polman B.Sc. (Econ), CPA, CA, Chief Financial Officer (Age 58)
  • Mr. Martin Ernesto Palacios MBA, CMC, Chief Transformation Officer (Age 54)
  • Ms. Connie Lillico B.A., Corp. Sec.
  • Mr. Dustin Simon VanDoorselaere, Chief Operating Officer

Has First Majestic Silver been receiving favorable news coverage?

News coverage about AG stock has trended somewhat positive this week, Accern reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Majestic Silver earned a news impact score of 0.15 on Accern's scale. They also assigned news headlines about the mining company an impact score of 45.34 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 $6.64.

How big of a company is First Majestic Silver?

First Majestic Silver has a market capitalization of $1.09 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.

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 (AG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  235 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  501
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.

Analyst Ratings

First Majestic Silver (NYSE:AG) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
5 Wall Street analysts have issued ratings and price targets for First Majestic Silver in the last 12 months. Their average twelve-month price target is $10.25, suggesting that the stock has a possible upside of 54.37%. The high price target for AG is $12.00 and the low price target for AG is $9.00. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.202.002.002.17
Ratings Breakdown: 1 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $10.25$10.8750$11.8750$13.50
Price Target Upside: 54.37% upside79.46% upside82.41% upside92.58% upside

First Majestic Silver (NYSE:AG) Consensus Price Target History

Price Target History for First Majestic Silver (NYSE:AG)

First Majestic Silver (NYSE:AG) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/25/2018Roth CapitalInitiated CoverageBuy -> Buy$9.00MediumView Rating Details
4/2/2018HC WainwrightSet Price TargetBuy$12.00LowView Rating Details
1/26/2018National Bank FinancialDowngradeOutperform -> Sector PerformMediumView Rating Details
12/30/2017BMO Capital MarketsDowngradeMarket Perform -> UnderperformN/AView Rating Details
11/3/2017ScotiabankLower Price TargetSector Perform$11.50 -> $9.75N/AView Rating Details
4/6/2017S&P GlobalUpgradeUnderperform -> Market PerformLowView Rating Details
4/5/2017UBSUpgradeUnderperform -> Market PerformN/AView Rating Details
4/5/2017Raymond JamesUpgradeUnderperform -> Market PerformHighView Rating Details
10/25/2016CitigroupUpgradeMarket Perform$11.00N/AView Rating Details
10/20/2016DesjardinsUpgradeHold -> BuyN/AView Rating Details
8/13/2016TD SecuritiesReiterated RatingHold$18.00 -> $23.00N/AView Rating Details
(Data available from 4/26/2016 forward)

Earnings

First Majestic Silver (NYSE:AG) Earnings History and Estimates Chart

Earnings by Quarter for First Majestic Silver (NYSE:AG)

First Majestic Silver (NYSE:AG) Earnings Estimates

2018 EPS Consensus Estimate: $0.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182$0.03$0.04$0.04
Q2 20182$0.02$0.04$0.03
Q3 20181$0.04$0.04$0.04
Q4 20181$0.04$0.04$0.04

First Majestic Silver (NYSE AG) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2018$0.03N/AView Earnings Details
2/28/2018Q4 2017($0.01)($0.04)$65.00 million$61.17 millionViewN/AView Earnings Details
8/3/20176/30/2017$0.05($0.02)$77.62 million$60.10 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.03$0.02$72.00 million$69.11 millionViewN/AView Earnings Details
2/22/2017Q416$0.01($0.01)$78.33 million$66.20 millionViewListenView Earnings Details
11/9/2016Q3 16$0.06$0.07$79.30 millionViewN/AView Earnings Details
8/10/2016Q2$0.0350$0.04$66.00 million$66.10 millionViewListenView Earnings Details
5/10/2016Q116($0.0030)$0.03$64.00 million$66.50 millionViewN/AView Earnings Details
2/25/2016Q415($0.03)($0.02)$67.35 million$66.00 millionViewN/AView Earnings Details
11/16/2015Q315($0.06)($0.06)$61.00 million$44.70 millionViewN/AView Earnings Details
8/11/2015Q215($0.01)($0.03)$56.80 million$54.20 millionViewN/AView Earnings Details
5/7/2015Q1 2015$0.01($0.02)$54.57 millionViewN/AView Earnings Details
2/23/2015Q4$0.03$0.04$95.14 million$72.50 millionViewN/AView Earnings Details
11/12/2014Q314$0.08($0.04)$63.50 million$40.80 millionViewN/AView Earnings Details
8/13/2014Q214$0.06$0.02$65.67 million$66.90 millionViewN/AView Earnings Details
5/13/2014Q1 2014$0.06$65.30 millionViewN/AView Earnings Details
2/26/2014Q413$0.11$0.05$71.27 million$59.00 millionViewN/AView Earnings Details
11/12/2013Q313$0.15$0.21$74.38 million$76.90 millionViewN/AView Earnings Details
8/13/2013Q213$0.15$0.07$90.13 million$48.40 millionViewN/AView Earnings Details
5/15/2013Q113$0.26$0.23$72.78 million$67.10 millionViewN/AView Earnings Details
2/26/2013Q412$0.29$0.26$80.77 million$71.00 millionViewN/AView Earnings Details
11/14/2012Q312$0.22$0.22$61.40 million$63.60 millionViewN/AView Earnings Details
8/14/2012$0.19$0.14ViewN/AView Earnings Details
5/10/2012$0.30$0.26ViewN/AView Earnings Details
3/5/2012$0.24$0.24ViewN/AView Earnings Details
11/9/2011$0.34$0.27ViewN/AView Earnings Details
8/11/2011$0.31$0.30ViewN/AView Earnings Details
5/16/2011Q1 2011$0.15$0.23ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

First Majestic Silver (NYSE:AG) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

First Majestic Silver (NYSE AG) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.85%
Institutional Ownership Percentage: 29.52%
Insider Trading History for First Majestic Silver (NYSE:AG)
Institutional Ownership by Quarter for First Majestic Silver (NYSE:AG)

First Majestic Silver (NYSE AG) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

First Majestic Silver (NYSE AG) News Headlines

Source:
DateHeadline
Financial Comparison: First Majestic Silver (AG) vs. Barrick Gold (ABX)Financial Comparison: First Majestic Silver (AG) vs. Barrick Gold (ABX)
www.americanbankingnews.com - April 25 at 3:22 PM
First Majestic Silver (AG) Receives Average Rating of "Hold" from AnalystsFirst Majestic Silver (AG) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 25 at 11:28 AM
Roth Capital Initiates Coverage on First Majestic Silver (AG)Roth Capital Initiates Coverage on First Majestic Silver (AG)
www.americanbankingnews.com - April 25 at 9:58 AM
Cormark Comments on First Majestic Silvers FY2019 Earnings (AG)Cormark Comments on First Majestic Silver's FY2019 Earnings (AG)
www.americanbankingnews.com - April 23 at 2:48 AM
First Majestic Silver (AG) Upgraded to "Hold" at BidaskClubFirst Majestic Silver (AG) Upgraded to "Hold" at BidaskClub
www.americanbankingnews.com - April 20 at 12:45 PM
First Majestic Produces 3.9M Silver Eqv. Oz in First QuarterFirst Majestic Produces 3.9M Silver Eqv. Oz in First Quarter
finance.yahoo.com - April 19 at 8:51 AM
Analyzing First Majestic Silver (AG) and Its PeersAnalyzing First Majestic Silver (AG) and Its Peers
www.americanbankingnews.com - April 15 at 7:21 AM
First Majestic Silver to Post Q1 2018 Earnings of $0.03 Per Share, National Bank Financial Forecasts (AG)First Majestic Silver to Post Q1 2018 Earnings of $0.03 Per Share, National Bank Financial Forecasts (AG)
www.americanbankingnews.com - April 12 at 7:12 AM
First Majestic Silver (AG) Downgraded by BidaskClubFirst Majestic Silver (AG) Downgraded by BidaskClub
www.americanbankingnews.com - April 11 at 10:42 PM
FY2019 EPS Estimates for First Majestic Silver Cut by Analyst (AG)FY2019 EPS Estimates for First Majestic Silver Cut by Analyst (AG)
www.americanbankingnews.com - April 11 at 9:25 AM
Critical Analysis: First Majestic Silver (AG) & Its CompetitorsCritical Analysis: First Majestic Silver (AG) & Its Competitors
www.americanbankingnews.com - April 7 at 1:13 AM
How These Mining Stocks Correlate with GoldHow These Mining Stocks Correlate with Gold
finance.yahoo.com - April 6 at 9:06 AM
Why First Majestic Silver Corp.s Stock Jumped Nearly 11% in MarchWhy First Majestic Silver Corp.'s Stock Jumped Nearly 11% in March
finance.yahoo.com - April 5 at 4:53 PM
First Majestic Silver (AG) Stock Rating Upgraded by ValuEngineFirst Majestic Silver (AG) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 3 at 8:10 PM
First Majestic Silver (AG) PT Set at $12.00 by HC WainwrightFirst Majestic Silver (AG) PT Set at $12.00 by HC Wainwright
www.americanbankingnews.com - April 2 at 9:34 AM
First Majestic Silver (AG) Upgraded to "Strong-Buy" at Zacks Investment ResearchFirst Majestic Silver (AG) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - March 31 at 1:12 PM
First Majestic Silver Corp (AG) Given Average Rating of "Hold" by AnalystsFirst Majestic Silver Corp (AG) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 31 at 9:46 AM
Zacks Investment Research Downgrades First Majestic Silver (AG) to HoldZacks Investment Research Downgrades First Majestic Silver (AG) to Hold
www.americanbankingnews.com - March 30 at 9:28 PM
First Majestic Updates Mineral Reserve and Resource Estimates for 2017 and Files Form 40-F Annual ReportFirst Majestic Updates Mineral Reserve and Resource Estimates for 2017 and Files Form 40-F Annual Report
globenewswire.com - March 29 at 9:08 AM
First Majestic Silver (AG) Stock Rating Reaffirmed by HC WainwrightFirst Majestic Silver (AG) Stock Rating Reaffirmed by HC Wainwright
www.americanbankingnews.com - March 28 at 12:58 PM
First Majestic Silver (AG) Rating Lowered to D at TheStreetFirst Majestic Silver (AG) Rating Lowered to D at TheStreet
www.americanbankingnews.com - March 27 at 9:43 AM
Head to Head Review: First Majestic Silver (AG) & The CompetitionHead to Head Review: First Majestic Silver (AG) & The Competition
www.americanbankingnews.com - March 26 at 9:13 PM
First Majestic Silver (AG) Downgraded by ValuEngineFirst Majestic Silver (AG) Downgraded by ValuEngine
www.americanbankingnews.com - March 25 at 9:16 PM
Valuation Catalysts Silver Miners Should Watch for in 2018Valuation Catalysts Silver Miners Should Watch for in 2018
finance.yahoo.com - March 22 at 9:07 AM
Why Whiting Petroleum, Arena Pharmaceuticals, and First Majestic Silver Jumped TodayWhy Whiting Petroleum, Arena Pharmaceuticals, and First Majestic Silver Jumped Today
finance.yahoo.com - March 21 at 5:09 PM
First Majestic Silver (AG) vs. The Competition Head to Head SurveyFirst Majestic Silver (AG) vs. The Competition Head to Head Survey
www.americanbankingnews.com - March 21 at 1:22 PM
What’s Affecting Analysts’ Estimates for First Majestic Silver?What’s Affecting Analysts’ Estimates for First Majestic Silver?
finance.yahoo.com - March 21 at 9:48 AM
First Majestic Silver (AG) Stock Rating Upgraded by Zacks Investment ResearchFirst Majestic Silver (AG) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 20 at 4:40 PM
First Majestic Silver (AG) to Buyback 8,290,000  SharesFirst Majestic Silver (AG) to Buyback 8,290,000 Shares
www.americanbankingnews.com - March 19 at 11:20 AM
Comparing Corvis Gold (CORVF) and First Majestic Silver (AG)Comparing Corvis Gold (CORVF) and First Majestic Silver (AG)
www.americanbankingnews.com - March 19 at 7:46 AM
First Majestic Silver (AG) Given a $12.00 Price Target by HC Wainwright AnalystsFirst Majestic Silver (AG) Given a $12.00 Price Target by HC Wainwright Analysts
www.americanbankingnews.com - March 14 at 10:16 PM
Gold Miners’ Key Indicators Last WeekGold Miners’ Key Indicators Last Week
finance.yahoo.com - March 12 at 6:04 PM
Why Analogic, Baozun, and First Majestic Silver Jumped TodayWhy Analogic, Baozun, and First Majestic Silver Jumped Today
finance.yahoo.com - March 6 at 5:15 PM
First Majestic Silver Corp (AG) Given Average Recommendation of "Hold" by BrokeragesFirst Majestic Silver Corp (AG) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 6 at 12:05 PM
Cormark Equities Analysts Boost Earnings Estimates for First Majestic Silver Corp (AG)Cormark Equities Analysts Boost Earnings Estimates for First Majestic Silver Corp (AG)
www.americanbankingnews.com - March 5 at 8:50 AM
Brokers Issue Forecasts for First Majestic Silver Corps Q2 2018 Earnings (AG)Brokers Issue Forecasts for First Majestic Silver Corp's Q2 2018 Earnings (AG)
www.americanbankingnews.com - March 5 at 3:50 AM
HC Wainwright Reaffirms Buy Rating for First Majestic Silver (AG)HC Wainwright Reaffirms Buy Rating for First Majestic Silver (AG)
www.americanbankingnews.com - March 3 at 6:02 PM
First Majestic Announces Financial Results for Q4 and Year End 2017 - GlobeNewswire (press release)First Majestic Announces Financial Results for Q4 and Year End 2017 - GlobeNewswire (press release)
globenewswire.com - March 2 at 5:37 PM
Baird Financial Group Inc. Sells 66,726 Shares of First Majestic Silver Corp (AG)Baird Financial Group Inc. Sells 66,726 Shares of First Majestic Silver Corp (AG)
www.americanbankingnews.com - March 2 at 4:42 AM
First Majestic Announces Financial Results for Q4 and Year End 2017First Majestic Announces Financial Results for Q4 and Year End 2017
finance.yahoo.com - March 1 at 8:43 AM
What the Gold-Silver Spread IndicatesWhat the Gold-Silver Spread Indicates
finance.yahoo.com - February 28 at 5:31 PM
Ninepoint Partners LP Lowers Stake in First Majestic Silver Corp (AG)Ninepoint Partners LP Lowers Stake in First Majestic Silver Corp (AG)
www.americanbankingnews.com - February 27 at 8:07 AM
First Majestic Silver Corp (AG) Receives Consensus Recommendation of "Hold" from AnalystsFirst Majestic Silver Corp (AG) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - February 9 at 11:49 AM
Analyzing Miners’ Correlation to Gold in 2018Analyzing Miners’ Correlation to Gold in 2018
finance.yahoo.com - February 6 at 4:03 PM
Zacks.com featured highlights include: Altice USA, Archrock, Live Nation and First MajesticZacks.com featured highlights include: Altice USA, Archrock, Live Nation and First Majestic
finance.yahoo.com - February 5 at 9:30 AM
Analysts Issue Forecasts for First Majestic Silver Corps FY2018 Earnings (AG)Analysts Issue Forecasts for First Majestic Silver Corp's FY2018 Earnings (AG)
www.americanbankingnews.com - February 5 at 6:38 AM
A Look at Valuation Catalysts for Coeur Mining Stock in 2018A Look at Valuation Catalysts for Coeur Mining Stock in 2018
finance.yahoo.com - February 2 at 9:32 AM
How Miners Are Moving in Relation to Precious MetalsHow Miners Are Moving in Relation to Precious Metals
finance.yahoo.com - February 2 at 9:32 AM
FY2017 EPS Estimates for First Majestic Silver Corp Reduced by National Bank Financial (AG)FY2017 EPS Estimates for First Majestic Silver Corp Reduced by National Bank Financial (AG)
www.americanbankingnews.com - February 2 at 7:42 AM
4Q17 Preview: Coeur Mining Seeks a Price Reversal in 20184Q17 Preview: Coeur Mining Seeks a Price Reversal in 2018
finance.yahoo.com - January 31 at 4:05 PM

SEC Filings

First Majestic Silver (NYSE:AG) SEC Filings

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Social Media

Financials

First Majestic Silver (NYSE:AG) Income Statement, Balance Sheet and Cash Flow Statement

Chart

First Majestic Silver (NYSE AG) Stock Chart for Thursday, April, 26, 2018

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This page was last updated on 4/26/2018 by MarketBeat.com Staff

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