First Majestic Silver Corp. is a mining company. The Company is focused on silver production in Mexico and it is pursuing the development of its existing mineral property assets. The Company operates through eight segments, six of which are located in Mexico; one retail market segment in Canada, and one metal trading segment in Europe. Its segments in Mexico are Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra. Its segment in Canada is Coins and Bullion Sales, and the segment in Europe is Silver Sales. The Company owns and operates approximately six producing silver mines: the La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine and Santa Elena Silver Mine. The Company's subsidiaries include First Majestic Plata, S.A. de C.V., Minera El Pilon, S.A. de C.V., Minera La Encantada, S.A. de C.V., Majestic Services, S.A. de C.V., Santa Elena Oro y Plata, S.A. de C.V. and FMS Trading AG.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Silver Mining
- Sub-Industry: N/A
- Symbol: NYSE:AG
- CUSIP: N/A
- Web: www.firstmajestic.com
- Market Cap: $1.06445 billion
- Outstanding Shares: 165,544,000
- 50 Day Moving Avg: $7.38
- 200 Day Moving Avg: $8.30
- 52 Week Range: $5.92 - $14.99
Sales & Book Value:
- Trailing P/E Ratio: 82.44
- Foreward P/E Ratio: 71.44
- P/E Growth: 7.00
- Annual Revenue: $274.72 million
- Price / Sales: 3.87
- Book Value: $3.83 per share
- Price / Book: 1.68
- EBIDTA: $95.14 million
- Net Margins: 5.11%
- Return on Equity: 1.60%
- Return on Assets: 1.18%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 4.06%
- Quick Ratio: 3.66%
- Average Volume: 4.05 million shs.
- Beta: 0.3
- Short Ratio: 3.7
Frequently Asked Questions for First Majestic Silver Corp. (NYSE:AG)
What is First Majestic Silver Corp.'s stock symbol?
First Majestic Silver Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "AG."
How were First Majestic Silver Corp.'s earnings last quarter?
First Majestic Silver Corp. (NYSE:AG) announced its earnings results on Thursday, August, 3rd. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.07. The business earned $60.10 million during the quarter, compared to analysts' expectations of $77.62 million. First Majestic Silver Corp. had a return on equity of 1.60% and a net margin of 5.11%. First Majestic Silver Corp.'s quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 EPS. View First Majestic Silver Corp.'s Earnings History.
When will First Majestic Silver Corp. make its next earnings announcement?
Where is First Majestic Silver Corp.'s stock going? Where will First Majestic Silver Corp.'s stock price be in 2017?
7 equities research analysts have issued 12-month target prices for First Majestic Silver Corp.'s shares. Their predictions range from $11.00 to $14.00. On average, they expect First Majestic Silver Corp.'s stock price to reach $12.67 in the next year. View Analyst Ratings for First Majestic Silver Corp..
Who are some of First Majestic Silver Corp.'s key competitors?
Some companies that are related to First Majestic Silver Corp. include U.S. Silica Holdings (SLCA), Vedanta Resources plc (VED), Parex Resources (PXT), Parex Resources (PXT), Allegheny Technologies Incorporated (ATI), Commercial Metals Company (CMC), Osisko Gold Royalties Ltd (OR), Centerra Gold (CG), New Gold (NGD), New Gold (NGD), Pretium Resources (PVG), Hecla Mining Company (HL), Cosan Limited (CZZ), Grupo Simec SAB de CV (SIM), HudBay Minerals (HBM), Shawcor Ltd (SCL), Quaker Chemical Corporation (KWR) and Carpenter Technology Corporation (CRS).
Who are First Majestic Silver Corp.'s key executives?
First Majestic Silver Corp.'s management team includes the folowing people:
- Douglas Penrose CPA, Independent Chairman of the Board
- Keith Neumeyer, President, Chief Executive Officer, Director
- Raymond L. Polman, Chief Financial Officer
- Dustin Van Doorselaere, Chief Operating Officer
- Salvador Garcia, Country Manager, Mexico
- Martin Ernesto Palacios, Chief Transformation Officer
- Connie Lillico, Corporate Secretary
- Marjorie Co, Director
- Robert A. McCallum, Independent Director
- David Andrew Shaw Ph.D., Independent Director
Who owns First Majestic Silver Corp. stock?
First Majestic Silver Corp.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (11.87%), Vanguard Group Inc. (2.03%), Global X Management Co. LLC (1.15%), Prudential PLC (0.85%), TD Asset Management Inc. (0.83%) and Alps Advisors Inc. (0.75%). View Institutional Ownership Trends for First Majestic Silver Corp..
Who sold First Majestic Silver Corp. stock? Who is selling First Majestic Silver Corp. stock?
First Majestic Silver Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Commerzbank Aktiengesellschaft FI, Public Sector Pension investment Board, Wells Fargo & Company MN, BlueCrest Capital Management Ltd, Global X Management Co. LLC, Integrated Investment Consultants LLC and Creative Planning. View Insider Buying and Selling for First Majestic Silver Corp..
Who bought First Majestic Silver Corp. stock? Who is buying First Majestic Silver Corp. stock?
First Majestic Silver Corp.'s stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, ETF Managers Group LLC, Alps Advisors Inc., Intact Investment Management Inc., Vanguard Group Inc., Virtu KCG Holdings LLC, Airain ltd and Sigma Planning Corp. View Insider Buying and Selling for First Majestic Silver Corp..
How do I buy First Majestic Silver Corp. stock?
Shares of First Majestic Silver Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Majestic Silver Corp.'s stock price today?
MarketBeat Community Rating for First Majestic Silver Corp. (NYSE AG)MarketBeat's community ratings are surveys of what our community members think about First Majestic Silver Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of First Majestic Silver Corp. stock can currently be purchased for approximately $6.43.
Consensus Ratings for First Majestic Silver Corp. (NYSE:AG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||$12.67 (96.99% upside)|
Analysts' Ratings History for First Majestic Silver Corp. (NYSE:AG)
(Data available from 8/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/4/2017||HC Wainwright||Reiterated Rating||Buy||$14.00||High|
|5/5/2017||National Bank Financial||Reiterated Rating||Outperform Market Weight||Medium|
|4/21/2017||Scotiabank||Reiterated Rating||Sector Perform||$13.00||Medium|
|4/6/2017||S&P Global||Upgrade||Underperform -> Market Perform||Low|
|4/5/2017||Raymond James Financial, Inc.||Upgrade||Underperform -> Market Perform||High|
|11/10/2016||BMO Capital Markets||Upgrade||Underperform -> Market Perform||N/A|
|10/25/2016||Citigroup Inc.||Upgrade||Market Perform||$11.00||N/A|
|10/20/2016||Desjardins||Upgrade||Hold -> Buy||N/A|
|8/13/2016||TD Securities||Reiterated Rating||Hold||$18.00 -> $23.00||N/A|
|4/15/2016||Rodman & Renshaw||Boost Price Target||Buy||$6.00 -> $8.75||N/A|
Earnings History for First Majestic Silver Corp. (NYSE:AG)Earnings History by Quarter for First Majestic Silver Corp. (NYSE AG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017|| || || || || || || || |
|8/3/2017||6/30/2017||$0.05||($0.02)||$77.62 million||$60.10 million||View||Listen|
|2/22/2017||Q416||$0.01||($0.01)||$78.33 million||$66.20 million||View||Listen|
|11/9/2016||Q3 16||$0.06||$0.07||$79.30 million||View||N/A|
|8/10/2016||Q2||$0.04||$0.04||$66.00 million||$66.10 million||View||Listen|
|5/10/2016||Q116||$0.00||$0.03||$64.00 million||$66.50 million||View||N/A|
|2/25/2016||Q415||($0.03)||($0.02)||$67.35 million||$66.00 million||View||N/A|
|11/16/2015||Q315||($0.06)||($0.06)||$61.00 million||$44.70 million||View||N/A|
|8/11/2015||Q215||($0.01)||($0.03)||$56.80 million||$54.20 million||View||N/A|
|5/7/2015||Q1 2015||$0.01||($0.02)||$54.57 million||View||N/A|
|2/23/2015||Q4||$0.03||$0.04||$95.14 million||$72.50 million||View||N/A|
|11/12/2014||Q314||$0.08||($0.04)||$63.50 million||$40.80 million||View||N/A|
|8/13/2014||Q214||$0.06||$0.02||$65.67 million||$66.90 million||View||N/A|
|2/26/2014||Q413||$0.11||$0.05||$71.27 million||$59.00 million||View||N/A|
|11/12/2013||Q313||$0.15||$0.21||$74.38 million||$76.90 million||View||N/A|
|8/13/2013||Q213||$0.15||$0.07||$90.13 million||$48.40 million||View||N/A|
|5/15/2013||Q113||$0.26||$0.23||$72.78 million||$67.10 million||View||N/A|
|2/26/2013||Q412||$0.29||$0.26||$80.77 million||$71.00 million||View||N/A|
|11/14/2012||Q312||$0.22||$0.22||$61.40 million||$63.60 million||View||N/A|
Earnings Estimates for First Majestic Silver Corp. (NYSE:AG)
2017 EPS Consensus Estimate: $0.06
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for First Majestic Silver Corp. (NYSE:AG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for First Majestic Silver Corp. (NYSE:AG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for First Majestic Silver Corp. (NYSE:AG)
Latest Headlines for First Majestic Silver Corp. (NYSE:AG)
First Majestic Silver Corp. (AG) Chart for Sunday, August, 20, 2017