First Majestic Silver (FR) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$9.67 to C$9.91
• 50-Day Range: C$8.00 to C$9.81
• 52-Week Range: C$5.67 to C$11.58
• Volume: 543,872 shs
• Average Volume: 872,442 shs
• Market Capitalization: C$2.86 billion
• P/E Ratio: N/A
• Dividend Yield: 0.31%
• Price Target: C$7.33
• Consensus Rating: Hold

First Majestic Silver Stock Analysis - MarketRank™

First Majestic Silver scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

First Majestic Silver has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

First Majestic Silver has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of First Majestic Silver is -44.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Majestic Silver is -44.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

First Majestic Silver has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

First Majestic Silver has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FR.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

First Majestic Silver has a dividend yield of 0.27%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Majestic Silver does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FR.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

4 people have searched for FR on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Majestic Silver insiders have sold 127.67% more of their company's stock than they have bought. Specifically, they have bought C$70,763.00 in company stock and sold C$161,108.00 in company stock.

Percentage Held by Insiders

Only 2.25% of the stock of First Majestic Silver is held by insiders.

Percentage Held by Institutions

Only 39.37% of the stock of First Majestic Silver is held by institutions.

FR Stock Analysis - Frequently Asked Questions

How have FR shares performed this year?

First Majestic Silver's stock was trading at C$8.13 at the start of the year. Since then, FR stock has increased by 20.7% and is now trading at C$9.81.
View the best growth stocks for 2024 here.

How do I buy shares of First Majestic Silver?

Shares of FR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of First Majestic Silver own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Majestic Silver investors own include Intact Financial (IFC), Constellation Software (CSU), First Majestic Silver (AG), Wheaton Precious Metals (WPM), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B) and AbbVie (ABBV).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Silver
• Sub-Industry: N/A
• Current Symbol: TSE:FR
• CUSIP: N/A
• CIK: N/A
• Web: www.firstmajestic.com
• Phone: +1-604-6883033
• Fax: N/A
• Employees: 2,018
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.33
• High Stock Price Target: C$7.50
• Low Stock Price Target: C$7.00
• Potential Upside/Downside: -25.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 748.63
• P/E Growth: 0.14
• Net Income: C$-48,020,000.00
• Net Margins: -9.18%
• Pretax Margin: N/A
• Return on Equity: -3.60%
• Return on Assets: -1.46%

Debt

• Debt-to-Equity Ratio: 19.13
• Current Ratio: 2.33
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: C$522.86 million
• Price / Sales: 5.46
• Cash Flow: C$0.49 per share
• Price / Cash Flow: 19.87
• Book Value: C$4.66 per share
• Price / Book: 2.11

Miscellaneous

• Outstanding Shares: 291,070,000
• Free Float: N/A
• Market Cap: C$2.86 billion
• Optionable: Not Optionable
• Beta: 1.33