First Majestic Silver Corp. (TSE:AG – Free Report) – Scotiabank raised their FY2027 EPS estimates for shares of First Majestic Silver in a research report issued on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $1.26 per share for the year, up from their previous estimate of $1.16. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.
A number of other analysts have also recently issued reports on AG. ATB Cormark Capital Markets raised First Majestic Silver from a “hold” rating to a “moderate buy” rating and upped their target price for the company from C$36.00 to C$37.00 in a research report on Friday, July 10th. BMO Capital Markets upgraded shares of First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 target price on the stock in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, First Majestic Silver has an average rating of “Buy” and an average price target of C$30.40.
First Majestic Silver Price Performance
Shares of AG opened at C$22.29 on Friday. The firm has a fifty day moving average price of C$26.03 and a 200 day moving average price of C$28.85. First Majestic Silver has a 1-year low of C$10.69 and a 1-year high of C$43.69. The stock has a market cap of C$11.01 billion, a PE ratio of 37.78 and a beta of 2.79.
First Majestic Silver (TSE:AG – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported C$0.43 EPS for the quarter. First Majestic Silver had a net margin of 19.45% and a return on equity of 10.82%. The firm had revenue of C$662.71 million for the quarter.
First Majestic Silver Company Profile
First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.
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