company background image
FR logo

First Majestic Silver TSX:FR Stock Report

Last Price

CA$9.42

Market Cap

CA$2.7b

7D

-12.9%

1Y

-1.2%

Updated

17 Apr, 2024

Data

Company Financials +

First Majestic Silver Corp.

TSX:FR Stock Report

Market Cap: CA$2.7b

FR Stock Overview

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America.

FR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

First Majestic Silver Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Majestic Silver
Historical stock prices
Current Share PriceCA$9.42
52 Week HighCA$11.58
52 Week LowCA$5.67
Beta1.36
1 Month Change24.60%
3 Month Change49.76%
1 Year Change-1.15%
3 Year Change-54.69%
5 Year Change16.30%
Change since IPO328.18%

Recent News & Updates

Investors Still Aren't Entirely Convinced By First Majestic Silver Corp.'s (TSE:FR) Revenues Despite 27% Price Jump

Mar 15
Investors Still Aren't Entirely Convinced By First Majestic Silver Corp.'s (TSE:FR) Revenues Despite 27% Price Jump

Recent updates

Investors Still Aren't Entirely Convinced By First Majestic Silver Corp.'s (TSE:FR) Revenues Despite 27% Price Jump

Mar 15
Investors Still Aren't Entirely Convinced By First Majestic Silver Corp.'s (TSE:FR) Revenues Despite 27% Price Jump

First Majestic Silver Corp.'s (TSE:FR) Shareholders Might Be Looking For Exit

Dec 18
First Majestic Silver Corp.'s (TSE:FR) Shareholders Might Be Looking For Exit

Would First Majestic Silver (TSE:FR) Be Better Off With Less Debt?

Nov 09
Would First Majestic Silver (TSE:FR) Be Better Off With Less Debt?

We Think First Majestic Silver (TSE:FR) Has A Fair Chunk Of Debt

Jul 17
We Think First Majestic Silver (TSE:FR) Has A Fair Chunk Of Debt

First Majestic Silver Corp.'s (TSE:FR) Share Price Matching Investor Opinion

May 07
First Majestic Silver Corp.'s (TSE:FR) Share Price Matching Investor Opinion

We Think First Majestic Silver (TSE:FR) Is Taking Some Risk With Its Debt

Dec 09
We Think First Majestic Silver (TSE:FR) Is Taking Some Risk With Its Debt

These 4 Measures Indicate That First Majestic Silver (TSE:FR) Is Using Debt Extensively

Aug 08
These 4 Measures Indicate That First Majestic Silver (TSE:FR) Is Using Debt Extensively

Does First Majestic Silver (TSE:FR) Have A Healthy Balance Sheet?

May 09
Does First Majestic Silver (TSE:FR) Have A Healthy Balance Sheet?

Shareholder Returns

FRCA Metals and MiningCA Market
7D-12.9%-1.0%-1.9%
1Y-1.2%-4.9%3.7%

Return vs Industry: FR exceeded the Canadian Metals and Mining industry which returned -8.3% over the past year.

Return vs Market: FR underperformed the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is FR's price volatile compared to industry and market?
FR volatility
FR Average Weekly Movement8.5%
Metals and Mining Industry Average Movement11.5%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: FR's share price has been volatile over the past 3 months.

Volatility Over Time: FR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aKeith Neumeyerwww.firstmajestic.com

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006.

First Majestic Silver Corp. Fundamentals Summary

How do First Majestic Silver's earnings and revenue compare to its market cap?
FR fundamental statistics
Market capCA$2.72b
Earnings (TTM)-CA$186.53m
Revenue (TTM)CA$792.18m

3.4x

P/S Ratio

-14.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FR income statement (TTM)
RevenueUS$573.80m
Cost of RevenueUS$432.15m
Gross ProfitUS$141.66m
Other ExpensesUS$276.77m
Earnings-US$135.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)-0.47
Gross Margin24.69%
Net Profit Margin-23.55%
Debt/Equity Ratio16.2%

How did FR perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-4%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.