First Majestic Silver (AG) Set to Announce Earnings on Wednesday
First Majestic Silver (NYSE:AG) will be posting its Q413 quarterly earnings results on Wednesday, February 26th. Analysts expect First Majestic Silver to post earnings of $0.11 per share and revenue of $71.27 million for the quarter.
First Majestic Silver (NYSE:AG) opened at 12.05 on Tuesday. First Majestic Silver has a 52-week low of $8.81 and a 52-week high of $17.44. The stock’s 50-day moving average is $10.94 and its 200-day moving average is $11.43. The company has a market cap of $1.410 billion and a P/E ratio of 21.63.
A number of analysts have recently weighed in on AG shares. Analysts at Raymond James downgraded shares of First Majestic Silver from a “strong-buy” rating to an “outperform” rating in a research note on Friday, January 31st. On the ratings front, analysts at TD Securities cut their price target on shares of First Majestic Silver from C$17.50 to C$15.50 in a research note on Wednesday, January 15th. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of First Majestic Silver from C$17.50 to C$12.00 in a research note on Thursday, December 5th. They now have a “market perform” rating on the stock. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $20.23.
First Majestic Silver Corp. (NYSE:AG), is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico.
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