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
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:AG
CUSIPN/A
Phone604-688-3033
Debt
Debt-to-Equity Ratio0.21
Current Ratio4.41
Quick Ratio4.15
Price-To-Earnings
Trailing P/E Ratio-185.75
Forward P/E Ratio148.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$252.29 million
Price / Sales5.69
Cash Flow$0.4312 per share
Price / Cash17.23
Book Value$3.51 per share
Price / Book2.12
Profitability
EPS (Most Recent Fiscal Year)($0.04)
Net Income$-53,270,000.00
Net Margins-25.47%
Return on Equity-3.27%
Return on Assets-2.38%
Miscellaneous
Employees4,012
Outstanding Shares193,100,000
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 authorized a share repurchase 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 purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.
How were First Majestic Silver's earnings last quarter?
First Majestic Silver Corp. (NYSE:AG) issued its earnings results on Wednesday, May, 9th. The mining company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.04. The mining company had revenue of $58.59 million for the quarter, compared to analyst estimates of $63.79 million. First Majestic Silver had a negative return on equity of 3.27% and a negative net margin of 25.47%. 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 brokerages have issued 12-month price objectives for First Majestic Silver's stock. Their predictions range from $8.75 to $12.00. On average, they expect First Majestic Silver's share price to reach $9.9167 in the next twelve months. View Analyst Ratings for First Majestic Silver.
Who are some of First Majestic Silver's key competitors?
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).
Who are First Majestic Silver's key executives?
First Majestic Silver's management team includes the folowing people:
- Mr. Keith N. Neumeyer, Chief Exec. Officer, Pres and Director (Age 58)
- Mr. Raymond L. Polman B.Sc. (Econ), CPA, CA, Chief Financial Officer (Age 58)
- Mr. Martin Ernesto Palacios MBA, CMC, Chief Transformation Officer (Age 54)
- Ms. Connie Lillico B.A., Corp. Sec.
- Mr. Dustin Simon VanDoorselaere, Chief Operating Officer
Has First Majestic Silver been receiving favorable news coverage?
Media stories about AG stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Majestic Silver earned a coverage optimism score of 0.04 on Accern's scale. They also gave media coverage about the mining company an impact score of 45.32 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are First Majestic Silver's major shareholders?
First Majestic Silver's stock is owned by many different of institutional and retail 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.
Which major investors are selling First Majestic Silver stock?
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.
Which major investors are buying First Majestic Silver stock?
AG stock was purchased 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.
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 $7.43.
How big of a company is First Majestic Silver?
First Majestic Silver has a market capitalization of $1.44 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.
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 (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.
