Cormark Cuts Earnings Estimates for First Majestic Silver

First Majestic Silver Corp. (TSE:AG) – Investment analysts at Cormark lowered their FY2024 EPS estimates for shares of First Majestic Silver in a research note issued on Tuesday, February 18th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of ($0.18) for the year, down from their previous forecast of ($0.09). The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share. Cormark also issued estimates for First Majestic Silver’s Q4 2024 earnings at $0.06 EPS.

First Majestic Silver Price Performance

Shares of AG stock opened at C$7.63 on Thursday. The company has a market capitalization of C$2.58 billion, a PE ratio of -19.78 and a beta of 1.36. First Majestic Silver has a one year low of C$5.78 and a one year high of C$11.58. The stock’s 50-day moving average is C$8.17.

First Majestic Silver Company Profile

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.