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 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

First Majestic Silver Corp. (NYSE:AG) posted its quarterly earnings results on Thursday, November, 7th. The mining company reported $0.06 earnings per share 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 analysts' expectations of $134.54 million. First Majestic Silver had a positive return on equity of 0.88% and a negative net margin of 11.12%. The company's revenue for the quarter 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 Thursday, May 14th 2020. View Earnings Estimates for First Majestic Silver.

3 Wall Street analysts have issued 12 month price objectives for First Majestic Silver's stock. Their forecasts range from $6.40 to $12.00. On average, they expect First Majestic Silver's stock price to reach $9.20 in the next year. This suggests that the stock has a possible downside of 7.6%. 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 trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Majestic Silver earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the mining company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the next few days. View News Stories for First Majestic Silver.

First Majestic Silver saw a increase in short interest in January. As of January 31st, there was short interest totalling 23,600,000 shares, an increase of 14.6% from the January 15th total of 20,590,000 shares. Based on an average daily volume of 4,380,000 shares, the days-to-cover ratio is currently 5.4 days. Currently, 13.1% of the company's shares are short sold. View First Majestic Silver's Current Options Chain.

Some companies that are related to First Majestic Silver include Kirkland Lake Gold (KL), 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), 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 many different of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (11.37%), Commerzbank Aktiengesellschaft FI (1.93%), Renaissance Technologies LLC (1.69%), FMR LLC (0.77%), TD Asset Management Inc. (0.25%) and Public Sector Pension Investment Board (0.23%). View Institutional Ownership Trends for First Majestic Silver.

AG stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., TD Asset Management Inc., Trexquant Investment LP, Sigma Planning Corp, Virtu Financial LLC, Cubist Systematic Strategies LLC, Public Sector Pension Investment Board and Cipher Capital LP. View Insider Buying and Selling for First Majestic Silver.

AG stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Commerzbank Aktiengesellschaft FI, Van ECK Associates Corp, Sprott Inc., Marshall Wace North America L.P., Aigen Investment Management LP and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. 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 $9.96.

First Majestic Silver has a market capitalization of $2.07 billion and generates $363.94 million in revenue each year. The mining company earns $-204,160,000.00 in net income (profit) each year or $0.04 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.