AG FY2025 EPS Estimate Lifted by National Bank Financial

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Stock analysts at National Bank Financial lifted their FY2025 earnings per share estimates for shares of First Majestic Silver in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the mining company will earn $0.62 per share for the year, up from their prior estimate of $0.61. The consensus estimate for First Majestic Silver’s current full-year earnings is ($0.16) per share.

Several other research analysts have also recently weighed in on AG. Scotiabank lowered their price objective on First Majestic Silver from $6.50 to $6.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 15th. HC Wainwright reiterated a “buy” rating and set a $11.00 price objective on shares of First Majestic Silver in a research report on Friday, January 10th.

First Majestic Silver Stock Down 1.6 %

AG opened at $5.70 on Wednesday. First Majestic Silver has a 1-year low of $4.18 and a 1-year high of $8.44. The stock’s fifty day simple moving average is $5.78 and its 200 day simple moving average is $6.02. 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 market cap of $1.78 billion, a PE ratio of -21.09 and a beta of 1.24.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AG. Allworth Financial LP increased its position in shares of First Majestic Silver by 805.4% in the fourth quarter. Allworth Financial LP now owns 5,161 shares of the mining company’s stock worth $29,000 after purchasing an additional 4,591 shares during the period. Blue Trust Inc. increased its position in shares of First Majestic Silver by 77.3% in the third quarter. Blue Trust Inc. now owns 5,166 shares of the mining company’s stock worth $31,000 after purchasing an additional 2,253 shares during the period. Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of First Majestic Silver in the fourth quarter worth $55,000. Bank of Nova Scotia bought a new position in shares of First Majestic Silver in the fourth quarter worth $57,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of First Majestic Silver in the third quarter worth $70,000. Institutional investors own 27.16% of the company’s stock.

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.