First Majestic Silver Corp. (AG)

NYSE: AG · IEX Real-Time Price · USD
6.15
-0.04 (-0.65%)
At close: Dec 29, 2023, 4:00 PM
6.14
-0.01 (-0.16%)
After-hours: Dec 29, 2023, 7:59 PM EST
-0.65%
Market Cap 1.76B
Revenue (ttm) 585.04M
Net Income (ttm) -162.16M
Shares Out 286.94M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 20.18
Dividend $0.02 (0.30%)
Ex-Dividend Date Nov 14, 2023
Volume 6,451,632
Open 6.10
Previous Close 6.19
Day's Range 6.02 - 6.21
52-Week Range 4.38 - 9.07
Beta 1.07
Analysts Strong Buy
Price Target 12.00 (+95.12%)
Earnings Date Feb 22, 2024

About AG

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine that consists of 119 individual concessions covering an area of 71,839 hectares located in Durango and Sinaloa States, México; the Santa Elena comprising 32 individual concessions that covers an area of 102,172 hectares located in Sonora State, México; and the La Encantada consists of 22 exploitation concessions covering an area... [Read more]

Industry Silver
Sector Materials
CEO Keith N. Neumeyer
Employees 4,000
Stock Exchange NYSE
Ticker Symbol AG
Full Company Profile

Financial Performance

In 2022, AG's revenue was $624.22 million, an increase of 6.87% compared to the previous year's $584.12 million. Losses were -$114.28 million, 2221.3% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AG stock is "Strong Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(95.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

First Majestic's net loss widens in third quarter on restructuring, mine holding costs

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced today that in Q3 2023, the company produced 6.3 million silver equivalent ounces, down 28% compared to Q3 2022 (8.8 million silver e...

2 months ago - Kitco

First Majestic Reports Third Quarter Financial Results and Quarterly Dividend Payment

Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the unaudited ...

2 months ago - Newsfile Corp

First Majestic reports lower silver equivalent production in Q3, reiterates 2023 guidance

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced today that in Q3 2023, the company produced 6.3 million silver equivalent ounces (consisting of 2.5 million silver ounces and 46,720...

2 months ago - Kitco

First Majestic Produces 6.3 Million AgEq Oz in Q3 2023 Consisting of 2.5 Million Silver Ounces and 46,720 Gold Ounces

Vancouver, British Columbia--(Newsfile Corp. - October 12, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) ("First Majestic" or the "Company") announces that total production in th...

2 months ago - Newsfile Corp

First Majestic opens silver minting facility in Nevada, citing 'incredible' demand

(Kitco News) - Silver and gold producer First Majestic Silver (TSX: FR) (NYSE: AG) today announced the launch of its 100%-owned and operated minting facility, First Mint, located in Nevada.

3 months ago - Kitco

First Majestic Announces the Opening of a Minting Facility

Vancouver, British Columbia--(Newsfile Corp. - September 14, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) ("First Majestic" or the "Company") is pleased to announce the launch o...

3 months ago - Newsfile Corp

First Majestic closes sale of La Parrilla to Golden Tag, becomes its largest shareholder

(Kitco News) - First Majestic said that assuming the warrants were exercised, the company would hold an aggregate of 170,687,184 Golden Tag common shares or approximately 42.2% of the issued and outst...

4 months ago - Kitco

First Majestic Announces Closing Sale of La Parrilla

Vancouver, British Columbia--(Newsfile Corp. - August 14, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (the "Company" or "First Majestic") is pleased to announce that it has closed its pre...

4 months ago - Newsfile Corp

First Majestic Silver cuts net loss in second quarter, announces dividend

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced Thursday that in Q2 2023, the company produced 6.3 million silver equivalent ounces (consisting of 2.6 million silver ounces and 45,...

5 months ago - Kitco

First Majestic Reports Second Quarter Financial Results and Quarterly Dividend Payment

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the unaudited in...

5 months ago - Newsfile Corp

First Majestic produces 6.3 million silver equivalent ounces in Q2, trims 2023 guidance

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced Thursday that in Q2 2023, the company produced 6.3 million silver equivalent ounces (consisting of 2.6 million silver ounces and 45,...

5 months ago - Kitco

First Majestic Produces 6.3 million AgEq Oz in Q2 2023 Consisting of 2.6 million Silver Ounces and 45,022 Gold Ounces; Announces Updated 2023 Guidance and Management Update

Vancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) ("First Majestic" or the "Company") is pleased to announce that total produc...

5 months ago - Newsfile Corp

First Majestic Reports High-Grade Exploration Results at San Dimas, Santa Elena and Jerritt Canyon

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (the "Company" or "First Majestic") is pleased to announce positive drilling results fr...

5 months ago - Newsfile Corp

First Majestic Announces Voting Results from Annual General Meeting

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) ("First Majestic" or the "Company") is pleased to announce the voting results...

7 months ago - Newsfile Corp

CORRECTION FROM SOURCE: First Majestic Reminds Shareholders to Vote in Upcoming Annual General Meeting

Vancouver, British Columbia--(Newsfile Corp. - May 22, 2023) - First Majestic Silver Corp. ("First Majestic" or the "Company") reminds the shareholders of the Company (the "Shareholders") about the up...

7 months ago - Newsfile Corp

First Majestic Reminds Shareholders to Vote in Upcoming Annual General Meeting

Vancouver, British Columbia--(Newsfile Corp. - May 22, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) ("First Majestic" or the "Company") reminds the shareholders of the Company (...

7 months ago - Newsfile Corp

First Majestic posts net loss of $100.7M in Q1 due to impairment charge on Jerritt Canyon

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced on Thursday that in Q1 2023, the company produced 7.6 million silver equivalent ounces (consisting of 2.5 million silver ounces and ...

8 months ago - Kitco

First Majestic Reports First Quarter Financial Results and Quarterly Dividend Payment

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (the "Company" or "First Majestic") is pleased to announce the unaudited interim consolid...

8 months ago - Newsfile Corp

First Majestic increases silver equivalent production in first quarter

(Kitco News) - In a statement, the company said that during the quarter, its Mexican operations saw “strong” production as a result of higher silver grades and overall plant performance.

9 months ago - Kitco

First Majestic Produces 7.6 million AgEq Oz in Q1 Consisting of 2.5 million Silver Ounces and 60,594 Gold Ounces; Announces VP Management Changes

Vancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) ("First Majestic" or the "Company") announces that total production from the Company's...

9 months ago - Newsfile Corp

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Majestic Silver Corp. - AG

NEW YORK , April 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of First Majestic Silver Corp. ("First Majestic" or the "Company") (NYSE: AG). Such investors are ...

9 months ago - PRNewsWire

First Majestic Announces 2022 Mineral Reserve and Mineral Resource Estimates

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - FIRST MAJESTIC SILVER CORP. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the 2022 Mineral...

9 months ago - Newsfile Corp

First Majestic Announces Closing Sale of La Guitarra to Sierra Madre

Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has clos...

9 months ago - Newsfile Corp

First Republic shares pop, Meta's stock boosted by upgrade, while First Majestic shares slide as Nevada mine activities halted

Here are some of the biggest movers on Tuesday, as the Federal Reserve begins deliberations on a key interest rate decision with the banking system wobbling.

Other symbols: META
10 months ago - Market Watch

First Majestic suspends mining activities at Jerritt Canyon due to ongoing challenges, aims to reduce overall costs

(Kitco News) - First Majestic Silver announced today it is taking action to reduce overall costs by reducing investments, temporarily suspending all mining activities and reducing its workforce at Jer...

10 months ago - Kitco