Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
First Majestic Silver Corp Market Cap
Based on ratings from 4 stock analysts, the First Majestic Silver Corp stock price is expected to increase by 24.96% in 12 months. This is calculated by using the average 12-month stock price forecast for First Majestic Silver Corp. The lowest target is $7.42 and the highest is $8.5. Please note analyst price targets are not guaranteed and could be missed completely.
First Majestic Silver Corp has a total of 4 Wall St Analyst ratings. There are 2 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that First Majestic Silver Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Heiko Ihle HC Wainwright & Co. | Buy | $8.5 | Reiterates | Sep 6, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $8.5 | Reiterates | Aug 2, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $8.5 | Reiterates | Jul 19, 2024 |
| Ovais Habib Scotiabank | Sector Perform | $6.5 | Maintains | May 23, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $8.5 | Reiterates | May 9, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $8.5 | Maintains | Apr 19, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $6.75 | Maintains | Jan 19, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $12 | Maintains | Aug 7, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $12.5 | Maintains | Jul 21, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $10 | Maintains | May 5, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $11 | Maintains | Apr 21, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $10.5 | Maintains | Mar 22, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $12 | Reiterates | Feb 27, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $12 | Maintains | Jan 20, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $12.5 | Maintains | Oct 19, 2022 |
| Heiko Ihle HC Wainwright & Co. | Buy | $12.5 | Maintains | Jul 25, 2022 |
| Heiko Ihle HC Wainwright & Co. | Buy | $19.5 | Maintains | May 13, 2022 |
| Heiko Ihle HC Wainwright & Co. | Buy | $22 | Maintains | Mar 11, 2022 |
| Heiko Ihle HC Wainwright & Co. | Buy | $22.5 | Maintains | Jan 19, 2022 |
| Heiko Ihle HC Wainwright & Co. | Buy | $25 | Maintains | Jul 15, 2021 |
When did it IPO
2006
Staff Count
0
Country
Canada
Sector/Industry
Basic Materials/Silver
CEO
Mr. Keith N. Neumeyer
Market Cap
$1.87B
In 2023, AG generated $576.4M in revenue, which was a decrease of -8.05% from the previous year. This can be seen as a signal that AG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - First Majestic Silver Corp. announced a Share Repurchase Program, allowing the purchase of up to 10 million shares, or 3.32% of its outstanding shares, from September 12, 2024, to September 11, 2025.
Why It Matters - First Majestic's share repurchase program signals confidence in its stock value, potentially boosting share prices and providing greater returns for shareholders.
Tue, 10 Sep 2024
Sentiment - POSITIVE
Source - Kitco
Summary - Michael McCrae is now leading Kitco's mining sector coverage. He holds an MBA and CMA and has expertise in building digital media properties.
Why It Matters - McCrae's expertise in mining and digital media may enhance Kitco's market position, potentially driving more insightful coverage and attracting investor interest in mining stocks.
Thu, 12 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - The Zacks Mining - Silver industry shows positive near-term prospects due to rising silver prices and strong demand. Key stocks to watch include FNLPF, HL, AG, MAG, and VZLA.
Why It Matters - Rising silver prices and strong demand suggest potential growth for silver mining stocks, indicating opportunities for profit and investment in the sector.
Sat, 07 Sep 2024
Sentiment - POSITIVE
Source - Kitco
Summary - Michael McCrae is spearheading Kitco's mining sector coverage, leveraging his MBA and CMA expertise to enhance digital media properties.
Why It Matters - McCrae's expertise in mining and digital media could enhance Kitco's market analysis, potentially influencing investor sentiment and driving interest in mining stocks.
Sat, 07 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Gatos Silver, Inc. is set to be sold to First Majestic Silver Corp., with shareholders receiving 2.550 shares of First Majestic for each Gatos share. An investigation is underway regarding the deal.
Why It Matters - The investigation into Gatos Silver's sale may signal potential issues with the deal's fairness, impacting shareholder value and investor confidence in both companies.
Thu, 05 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Halper Sadeh LLC is investigating the fairness of the merger between First Majestic Silver Corp. (NYSE: AG) and Gatos Silver, Inc. for First Majestic shareholders.
Why It Matters - Concerns over the fairness of the First Majestic Silver and Gatos Silver merger may impact shareholder confidence and stock performance, influencing investment decisions.
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