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

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$5.25 -0.13 (-2.42 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$5.38
Today's Range$5.22 - $5.44
52-Week Range$4.59 - $8.48
Volume4.13 million shs
Average Volume3.23 million shs
Market Capitalization$1.16 billion
P/E Ratio-131.25
Dividend YieldN/A
Beta-0.22
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

Current Ratio3.38
Quick Ratio2.85

Price-To-Earnings

Sales & Book Value

Annual Sales$252.29 million
Price / Sales4.03
Cash Flow$0.3802 per share
Price / Cash Flow13.81
Book Value$3.51 per share
Price / Book1.50

Profitability

Net Income$-53,270,000.00
Net Margins-33.27%
Return on Assets-3.49%

Miscellaneous

Employees3,900
Market Cap$1.16 billion
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 has authorized a stock repurchase 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 buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

How were First Majestic Silver's earnings last quarter?

First Majestic Silver Corp. (NYSE:AG) announced its quarterly earnings data on Wednesday, November, 7th. The mining company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. The mining company had revenue of $88.50 million for the quarter, compared to analyst estimates of $126.56 million. First Majestic Silver had a negative return on equity of 5.13% and a negative net margin of 33.27%. The firm's revenue for the quarter was up 43.0% compared to the same quarter last year. 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, February 27th 2019. View Earnings Estimates for First Majestic Silver.

What price target have analysts set for AG?

6 brokers have issued 12-month price objectives for First Majestic Silver's stock. Their predictions range from $7.50 to $8.75. On average, they anticipate First Majestic Silver's stock price to reach $8.0833 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View Analyst Price Targets for First Majestic Silver.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. 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)
  • 2. 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. " (10/26/2018)

Has First Majestic Silver been receiving favorable news coverage?

News articles about AG stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Majestic Silver earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news stories about the mining company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future.

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, Pres, CEO & Director (Age 58)
  • Mr. Raymond L. Polman C.P.A., C.A., B.Sc. (Econ), CPA, CA, Chief Financial Officer (Age 58)
  • Mr. Dustin Simon VanDoorselaere, Chief Operating Officer
  • Mr. Martin Ernesto Palacios MBA, CMC, Chief Transformation Officer (Age 54)
  • 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 institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.03%) and North Star Investment Management Corp. (0.01%).

Which institutional investors are buying First Majestic Silver stock?

AG stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC and North Star Investment Management Corp..

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 $5.25.

How big of a company is First Majestic Silver?

First Majestic Silver has a market capitalization of $1.16 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 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:  330 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  656
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 1/16/2019 by MarketBeat.com Staff

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