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 announced that its board has authorized a share buyback program on Monday, March 19th 2018, which allows the company to repurchase 8,290,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

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

First Majestic Silver is scheduled to release their next quarterly earnings announcement on Thursday, May, 3rd 2018. View Earnings Estimates for First Majestic Silver.

4 brokers have issued 1-year target prices for First Majestic Silver's shares. Their forecasts range from $9.75 to $12.00. On average, they anticipate First Majestic Silver's stock price to reach $10.8750 in the next twelve months. View Analyst Ratings for First Majestic Silver.

Some companies that are related to First Majestic Silver include Alamos Gold (AGI), Tahoe Resources (TAHO), Coeur Mining (CDE), Osisko Gold Royalties (OR), Fortuna Silver Mines (FSM), Sibanye Gold (SBGL), Harmony Gold (HMY), Eldorado Gold (EGO), McEwen Mining (MUX), Seabridge Gold (SA), Endeavour Silver (EXK), Corvus Gold (CORVF), DRDGOLD (DRD), Beadell Resources (BDREF), Pershing Gold (PGLC) and Primero Mining (PPPMF).

News articles about AG stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. First Majestic Silver earned a media sentiment score of 0.20 on Accern's scale. They also gave news stories about the mining company an impact score of 45.85 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 $6.76.

First Majestic Silver has a market capitalization of $1.14 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.