First Majestic Silver (TSE:FR) (NYSE:AG) will post its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect First Majestic Silver to post earnings of C$0.02 per share for the quarter.
First Majestic Silver (TSE:FR) (NYSE:AG) last released its earnings results on Thursday, May 9th. The mining company reported C($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.01 by C($0.02). The business had revenue of C$115.42 million for the quarter, compared to the consensus estimate of C$138.14 million.
FR stock opened at C$12.61 on Tuesday. First Majestic Silver has a 12-month low of C$6.12 and a 12-month high of C$13.63. The company has a current ratio of 3.25, a quick ratio of 2.70 and a debt-to-equity ratio of 25.16. The stock has a market cap of $2.53 billion and a P/E ratio of -12.24. The business has a 50 day moving average of C$11.22.
A number of research firms have recently weighed in on FR. National Bank Financial raised their price target on shares of First Majestic Silver from C$11.00 to C$13.50 in a report on Tuesday, July 23rd. Cormark cut their price target on shares of First Majestic Silver from C$11.50 to C$11.00 in a report on Wednesday, April 17th.
About First Majestic Silver
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. It owns and operates six silver producing mines, including the San Dimas Silver/Gold Mine covering an area of 71,867 hectares located in Durango; the Santa Elena Silver/Gold Mine covering an area of 101,772 hectares located in Sonora; La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila; San Martin Silver Mine covering an area of 38,512 hectares located in Jalisco, as well as 1,296 hectares of surface land; La Parrilla Silver Mine covering an area of 69,478 hectares located in Durango; and Del Toro Silver Mine covering an area of 2,159 hectares situated in Zacatecas in Mexico.
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