What is Scotiabank’s Forecast for TSE:AG FY2027 Earnings?

First Majestic Silver Corp. (TSE:AG) – Investment analysts at Scotiabank upped their FY2027 EPS estimates for First Majestic Silver in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst E. Winmill now anticipates that the company will earn $1.26 per share for the year, up from their previous estimate of $1.16. Scotiabank has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

First Majestic Silver (TSE:AG) last posted its earnings results on Tuesday, May 12th. The company reported C$0.43 earnings per share for the quarter. The business had revenue of C$662.71 million for the quarter. First Majestic Silver had a return on equity of 10.82% and a net margin of 19.45%.

A number of other analysts have also commented on the company. BMO Capital Markets raised First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 price objective for the company in a report on Tuesday, March 24th. ATB Cormark Capital Markets raised First Majestic Silver from a “hold” rating to a “moderate buy” rating and boosted their price objective for the stock from C$36.00 to C$37.00 in a research report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$30.40.

First Majestic Silver Stock Down 0.5%

Shares of AG stock opened at C$22.17 on Friday. The company has a market capitalization of C$10.95 billion, a PE ratio of 37.58 and a beta of 2.79. The firm has a 50 day moving average price of C$25.87 and a two-hundred day moving average price of C$28.81. First Majestic Silver has a 12-month low of C$10.69 and a 12-month high of C$43.69.

About First Majestic Silver

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.