Scotiabank Has Bullish Estimate for TSE:AG FY2026 Earnings

First Majestic Silver Corp. (TSE:AG – Free Report) – Equities research analysts at Scotiabank lifted their FY2026 earnings estimates for First Majestic Silver in a research note issued on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the company will earn $1.05 per share for the year, up from their previous forecast of $0.95. 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.

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First Majestic Silver (TSE:AG – Get Free Report) last announced 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 business had revenue of C$662.71 million during the quarter.

Other equities research analysts have also recently issued research reports about the company. ATB Cormark Capital Markets upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating and boosted their price objective for the stock from C$36.00 to C$37.00 in a report on Friday, July 10th. BMO Capital Markets upgraded 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 note on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$30.40.

View Our Latest Research Report on AG

First Majestic Silver Stock Up 6.6%

First Majestic Silver stock opened at C$23.79 on Monday. The stock has a market cap of C$11.75 billion, a P/E ratio of 40.32 and a beta of 2.79. First Majestic Silver has a twelve month low of C$10.69 and a twelve month high of C$43.69. The company’s 50-day moving average price is C$25.48 and its two-hundred day moving average price is C$28.85.

About First Majestic Silver

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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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