First Majestic Silver (AG) to Release Quarterly Earnings on Thursday

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR will likely be posting its Q4 2024 quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect First Majestic Silver to post earnings of $0.05 per share and revenue of $227.77 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last issued its quarterly earnings results on Thursday, February 20th. The mining company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.02). The firm had revenue of $172.34 million during the quarter, compared to the consensus estimate of $227.77 million. First Majestic Silver had a negative net margin of 14.89% and a negative return on equity of 4.19%. On average, analysts expect First Majestic Silver to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Majestic Silver Stock Down 1.6 %

Shares of First Majestic Silver stock traded down $0.09 during trading on Friday, reaching $5.67. The stock had a trading volume of 14,551,195 shares, compared to its average volume of 17,827,756. First Majestic Silver has a 52 week low of $4.28 and a 52 week high of $8.44. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of -20.98 and a beta of 1.24. The company has a current ratio of 3.03, a quick ratio of 2.45 and a debt-to-equity ratio of 0.16. The stock has a fifty day moving average price of $5.68 and a two-hundred day moving average price of $6.01.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AG shares. HC Wainwright reiterated a "buy" rating and set a $11.00 target price on shares of First Majestic Silver in a report on Friday. Scotiabank dropped their target price on First Majestic Silver from $6.50 to $6.00 and set a "sector perform" rating on the stock in a report on Wednesday, January 15th.

About First Majestic Silver

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 covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México.