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

First Majestic Silver Corp. (NYSE:AG) posted its earnings results on Thursday, November, 7th. The mining company reported $0.06 earnings per share (EPS) for the quarter, missing the 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%. The business's quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.03) EPS. View First Majestic Silver's Earnings History.

First Majestic Silver is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for First Majestic Silver.

3 analysts have issued 12 month price targets for First Majestic Silver's stock. Their forecasts range from $8.20 to $11.50. On average, they anticipate 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 5.3%. 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.

Press coverage about AG stock has been trending extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Majestic Silver earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news stories 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 stock's share price in the immediate future. View News Stories for First Majestic Silver.

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

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 many different of retail and institutional investors. Top institutional shareholders 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 $10.40.

First Majestic Silver has a market capitalization of $2.13 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.