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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:AG
Previous Symbol
CUSIPN/A
Phone604-688-3033
Debt
Debt-to-Equity Ratio0.20
Current Ratio3.38
Quick Ratio2.74
Price-To-Earnings
Trailing P/E Ratio-127.25
Forward P/E Ratio-31.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$252.29 million
Price / Sales3.91
Cash Flow$0.4082 per share
Price / Cash12.47
Book Value$3.91 per share
Price / Book1.30
Profitability
EPS (Most Recent Fiscal Year)($0.04)
Net Income$-53,270,000.00
Net Margins-33.27%
Return on Equity-5.13%
Return on Assets-3.49%
Miscellaneous
Employees3,900
Outstanding Shares193,660,000
Market Cap$1.05 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 of Directors has initiated a share buyback 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.
How were First Majestic Silver's earnings last quarter?
First Majestic Silver Corp. (NYSE:AG) released its quarterly earnings data on Wednesday, November, 7th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.04) by $0.01. The mining company had revenue of $88.50 million for the quarter, compared to analysts' expectations of $126.56 million. First Majestic Silver had a negative net margin of 33.27% and a negative return on equity of 5.13%. First Majestic Silver'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?
What price target have analysts set for AG?
6 Wall Street analysts have issued 12 month target prices for First Majestic Silver's stock. Their forecasts range from $8.00 to $9.00. On average, they expect First Majestic Silver's stock price to reach $8.5833 in the next year. This suggests a possible upside of 68.6% 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 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Majestic Silver.
Has First Majestic Silver been receiving favorable news coverage?
News headlines about AG stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Majestic Silver earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave press coverage about the mining company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of First Majestic Silver's key competitors?
Some companies that are related to First Majestic Silver include Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), Iamgold (IAG), Alamos Gold (AGI), Osisko gold royalties (OR), Coeur Mining (CDE), Seabridge Gold (SA), Harmony Gold Mining (HMY), Tahoe Resources (TAHO), McEwen Mining (MUX) and Sibanye Gold (SBGL).
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 retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (0.41%), CIBC Asset Management Inc (0.22%), Fosun International Ltd (0.05%), Wells Fargo & Company MN (0.05%), CIBC World Markets Inc. (0.04%) and Toronto Dominion Bank (0.03%).
Which major investors are selling First Majestic Silver stock?
AG stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., CIBC Asset Management Inc, Toronto Dominion Bank and CIBC World Markets Inc..
Which major investors are buying First Majestic Silver stock?
AG stock was acquired by a variety of institutional investors in the last quarter, including Fosun International Ltd and Wells Fargo & Company MN.
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 $5.09.
How big of a company is First Majestic Silver?
First Majestic Silver has a market capitalization of $1.05 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?
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)
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.
