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 share repurchase program on Monday, March 19th 2018, which permits the company to buyback 8,290,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

First Majestic Silver Corp. (NYSE:AG) announced its quarterly earnings data on Wednesday, May, 9th. The mining company reported ($0.06) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.04. The mining company had revenue of $58.59 million for the quarter, compared to analysts' expectations of $63.79 million. First Majestic Silver had a negative net margin of 25.47% and a negative return on equity of 3.27%. 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 1 year price targets for First Majestic Silver's shares. Their forecasts range from $8.75 to $12.00. On average, they expect First Majestic Silver's stock price to reach $9.9167 in the next year. 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), Yamana Gold (AUY), IAMGOLD (IAG), Pan American Silver (PAAS), Alamos Gold (AGI), Tahoe Resources (TAHO), Osisko gold royalties (OR), Coeur Mining (CDE), Eldorado Gold (EGO), Fortuna Silver Mines (FSM), McEwen Mining (MUX) and Harmony Gold Mining (HMY).

News headlines about AG stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Majestic Silver earned a media sentiment score of 0.23 on Accern's scale. They also gave media stories about the mining company an impact score of 45.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

First Majestic Silver's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include WHEATON PRECIOUS METALS CORP. (10.80%), Van ECK Associates Corp (12.33%), Global X Management Co. LLC (1.41%), Commerzbank Aktiengesellschaft FI (0.70%), Alps Advisors Inc. (0.59%) and ETF Managers Group LLC (0.24%). 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 acquired 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 $7.36.

First Majestic Silver has a market capitalization of $1.42 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.