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 Ratio2.85
Price-To-Earnings
Trailing P/E Ratio-135.25
Forward P/E Ratio-33.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$252.29 million
Price / Sales4.15
Cash Flow$0.4809 per share
Price / Cash11.25
Book Value$3.91 per share
Price / Book1.38
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$943.15 million
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 announced that its board has approved a stock repurchase program on Monday, March 19th 2018, which authorizes the company to repurchase 8,290,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is 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) EPS 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 the consensus estimate of $126.56 million. First Majestic Silver had a negative net margin of 33.27% and a negative return on equity of 5.13%. The firm's revenue was up 43.0% on a year-over-year basis. 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 brokers have issued twelve-month target prices for First Majestic Silver's shares. Their forecasts range from $8.00 to $9.00. On average, they anticipate First Majestic Silver's stock price to reach $8.5833 in the next twelve months. This suggests a possible upside of 58.7% 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?
Press coverage about AG stock has trended neutral recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Majestic Silver earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the mining company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of First Majestic Silver's key competitors?
Some companies that are related to First Majestic Silver include 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), Sibanye Gold (SBGL), Fortuna Silver Mines (FSM) and Eldorado Gold (EGO).
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 number of of institutional and retail investors. Top institutional investors include Connor Clark & Lunn Investment Management Ltd. (0.55%), Credit Suisse AG (0.51%), Alps Advisors Inc. (0.41%), CIBC Asset Management Inc (0.22%), Fosun International Ltd (0.05%) and Hsbc Holdings PLC (0.05%).
Which institutional investors are selling First Majestic Silver stock?
AG stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Capital Fund Management S.A., Alps Advisors Inc., Credit Suisse AG, CIBC Asset Management Inc, Toronto Dominion Bank, Quantbot Technologies LP and CIBC World Markets Inc..
Which institutional investors are buying First Majestic Silver stock?
AG stock was purchased by a variety of institutional investors in the last quarter, including Fosun International Ltd, Hsbc Holdings PLC, Fore Capital LLC 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 $5.41.
How big of a company is First Majestic Silver?
First Majestic Silver has a market capitalization of $943.15 million 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.
