NYSE:AG - First Majestic Silver Stock Price, Forecast & News

First Majestic Silver trades on the New York Stock Exchange (NYSE) under the ticker symbol "AG."

First Majestic Silver declared that its Board of Directors has authorized a stock repurchase plan 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 reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

First Majestic Silver Corp. (NYSE:AG) released its quarterly earnings data on Thursday, November, 7th. The mining company reported $0.06 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.01. The mining company had revenue of $97 million for the quarter, compared to the consensus estimate of $134.54 million. First Majestic Silver had a negative return on equity of 0.81% and a negative net margin of 48.30%. First Majestic Silver's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.03) earnings per share. View First Majestic Silver's Earnings History.

First Majestic Silver is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for First Majestic Silver.

3 analysts have issued 12-month price objectives for First Majestic Silver's stock. Their forecasts range from $8.20 to $11.50. On average, they expect First Majestic Silver's stock price to reach $9.85 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View Analyst Price Targets for First Majestic Silver.

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Majestic Silver.

News articles about AG stock have been trending positive this week, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Majestic Silver earned a daily sentiment score of 2.2 on InfoTrie's scale. They also gave headlines about the mining company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for First Majestic Silver.

Some companies that are related to First Majestic Silver include Kinross Gold (KGC), Sibanye Gold (SBGL), Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), Osisko gold royalties (OR), Coeur Mining (CDE), Iamgold (IAG), Eldorado Gold (EGO), Seabridge Gold (SA), Fortuna Silver Mines (FSM), DRDGOLD (DRD) and McEwen Mining (MUX).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Majestic Silver investors own include First Majestic Silver (FR), SSR Mining (SSRM), Coeur Mining (CDE), Wheaton Precious Metals (WPM), Yamana Gold (AUY), Endeavour Silver (EXK), Canopy Growth (CGC), Barrick Gold (GOLD), Pan American Silver (PAAS) and McEwen Mining (MUX).

First Majestic Silver's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Commerzbank Aktiengesellschaft FI (1.93%) and Wedbush Securities Inc. (0.01%). View Institutional Ownership Trends for First Majestic Silver.

AG stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc.. View Insider Buying and Selling for First Majestic Silver.

AG stock was purchased by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI. 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, Robinhood, Fidelity and Charles Schwab.

One share of AG stock can currently be purchased for approximately $9.92.

First Majestic Silver has a market capitalization of $2.06 billion and generates $300.93 million in revenue each year. The mining company earns $-204,160,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. First Majestic Silver employs 5,131 workers across the globe.View Additional Information About First Majestic Silver.

The official website for First Majestic Silver is http://www.firstmajestic.com/.

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.