|Bid||5.8400 x 4000|
|Ask||5.8500 x 900|
|Day's Range||5.7000 - 5.8800|
|52 Week Range||4.9300 - 8.4800|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.54|
VANCOUVER, British Columbia, Sept. 10, 2018-- First Majestic Silver Corp. and Evrim Resources Corp. are pleased to announce that the Ermitaño and Cumobabi project option agreements in Sonora, Mexico have ...
SAN FRANCISCO, CA / ACCESSWIRE / August 23, 2018 / Vista Partners ("Vista") has published August's FREE Macroeconomic & Investment Monthly Newsletter, "Robust Economy, Resilient Market." ...
NEW YORK, Aug. 21, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ObsEva ...
Some primary silver producers are no doubt feeling pain these days after the sell-off in silver prices so far this year, but don't look for major supply cutbacks any time soon, analysts said. Further, companies have become leaner in recent years, thus some of the major producers - such as Pan American Silver Corp.
I am going to take a deep dive into First Majestic Silver Corp’s (TSE:FR) most recent ownership structure, not a frequent subject of discussion among individual investors. A company’s ownershipRead More...
First Majestic (AG) delivered earnings and revenue surprises of -250.00% and -8.08%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 22 cents. Losses, adjusted for one-time gains and costs, were 7 cents per share. The results missed Wall Street ...
VANCOUVER, British Columbia, Aug. 13, 2018-- FIRST MAJESTIC SILVER CORP. is pleased to announce the unaudited interim consolidated financial results of the Company for the second quarter ended June 30, ...
LONDON, UK / ACCESSWIRE / July 17, 2018 / If you want a free Stock Review on CDE sign up now at www.wallstequities.com/registration.WallStEquities.com revisits the Silver industry, which includes mining and streaming companies for silver. In this morning's lineup are these four stocks: Coeur Mining Inc. (NYSE: CDE), Endeavour Silver Corp. (NYSE: EXK), First Majestic Silver Corp. (NYSE: AG), and Fortuna Silver Mines Inc. (NYSE: FSM).
First Majestic Silver Corp. (AG) (FR.TO) (FMV.F) ("First Majestic" or the "Company") announces total production in the second quarter of 2018 from its seven operating silver mines reached a new Company record of 5.1 million equivalent ounces of silver. The Company has increased its 2018 annual silver production to a new range of 12.0 to 13.2 million ounces, or 20.5 to 22.6 million silver equivalent ounces primarily due to the addition of the San Dimas Silver/Gold mine which was acquired on May 10, 2018. “During the quarter, the integration of the newly acquired San Dimas mine into our Mexican portfolio was our primary focus,” said Keith Neumeyer, President & CEO.
Forget the clouds. It's only been silver linings for this miner through the first half of the year.
Short interest is moderate for AG with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ETFs that hold AG had net inflows of $1.86 billion over the last one-month.
Its stock price, analysts’ estimates, and its multiple took a severe hit after the Guatemalan government’s decision to suspend its Escobal mine license in July 2017. A favorable resolution to this mining issue could lead to a re-rating of the stock. Coeur Mining (CDE) and First Majestic Silver (AG) have the same forward multiples of 7.9x.
First Majestic Silver (AG) is one of the few silver miners (SIL) to have a double-digit return YTD (year-to-date). Most of this year’s returns for AG came in March when it surged 11%. The company announced that it expects its investments last year to generate double-digit growth in silver production in 2018.
Most of the precious metals and their mining companies have witnessed a choppy market in most of 2018, thanks to slumping metal prices. Precious metals are more closely associated with the downturn in these precious metals rather than the overall sentiment of the equity markets.
Investors need to pay close attention to First Majestic (AG) stock based on the movements in the options market lately.
On Friday, shares in Chicago, Illinois headquartered Coeur Mining Inc. recorded a trading volume of 5.92 million shares, which was above their three months average volume of 2.87 million shares. The stock ended the session 3.28% lower at $7.95.