First Majestic Silver Past Earnings Performance

Past criteria checks 0/6

First Majestic Silver has been growing earnings at an average annual rate of 0.5%, while the Metals and Mining industry saw earnings growing at 27.9% annually. Revenues have been growing at an average rate of 16.5% per year.

Key information

0.5%

Earnings growth rate

12.9%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	16.5%
Return on equity	-9.9%
Net Margin	-23.5%
Next Earnings Update	08 May 2024

Recent past performance updates

Recent updates

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

Mar 15

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

Aug 08

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

May 09

Revenue & Expenses Breakdown
Beta

How First Majestic Silver makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:FR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	574	-135	52
30 Sep 23	585	-162	52
30 Jun 23	612	-156	51
31 Mar 23	624	-222	48
31 Dec 22	624	-114	50
30 Sep 22	681	-101	49
30 Jun 22	646	-99	47
31 Mar 22	640	1	44
31 Dec 21	584	-5	39
30 Sep 21	496	34	39
30 Jun 21	498	83	37
31 Mar 21	378	57	35
31 Dec 20	364	23	33
30 Sep 20	343	-51	33
30 Jun 20	314	-74	35
31 Mar 20	363	-76	35
31 Dec 19	364	-40	35
30 Sep 19	342	-165	32
30 Jun 19	333	-168	31
31 Mar 19	329	-196	30
31 Dec 18	301	-204	29
30 Sep 18	288	-96	28
30 Jun 18	261	-103	27
31 Mar 18	242	-62	26
31 Dec 17	252	-53	26
30 Sep 17	257	5	26
30 Jun 17	275	14	25
31 Mar 17	281	19	24
31 Dec 16	278	9	22
30 Sep 16	278	-96	22
30 Jun 16	243	-106	21
31 Mar 16	231	-115	21
31 Dec 15	219	-108	22
30 Sep 15	226	-70	22
30 Jun 15	222	-79	23
31 Mar 15	235	-69	25
31 Dec 14	245	-61	27
30 Sep 14	232	-78	31
30 Jun 14	268	-51	33
31 Mar 14	250	-59	35
31 Dec 13	251	-38	39
30 Sep 13	263	65	40
30 Jun 13	250	74	39

Quality Earnings: FR is currently unprofitable.

Growing Profit Margin: FR is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FR is unprofitable, but has reduced losses over the past 5 years at a rate of 0.5% per year.

Accelerating Growth: Unable to compare FR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.5%).

Return on Equity

High ROE: FR has a negative Return on Equity (-9.95%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

First Majestic Silver Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First Majestic Silver Corp. to Report Q1, 2024 Results on May 08, 2024

Third quarter 2023 earnings released: US$0.095 loss per share (vs US$0.079 loss in 3Q 2022)

First Majestic Silver Corp. to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings released: US$0.062 loss per share (vs US$0.32 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.37 loss per share (vs US$0.028 profit in 1Q 2022)

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

First Majestic Silver Corp. to Report Q1, 2024 Results on May 08, 2024

First Majestic Silver Corp., Annual General Meeting, May 23, 2024

Price target increased by 8.9% to CA$8.38

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

First Majestic Silver Corp., Annual General Meeting, May 23, 2024

Fourth quarter dividend of US$0.0048 announced

First Majestic Silver Corp. has filed a Follow-on Equity Offering in the amount of $150 million.

First Majestic Silver Corp. Reports Positive Exploration Results At San Dimas, Santa Elena and Jerritt Canyon Properties

Price target decreased by 7.8% to CA$8.13

First Majestic Silver Corp. Announces Total Production from San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine

Price target decreased by 9.9% to CA$8.50

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

Founder exercised options to buy CA$433k worth of stock.

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

Price target decreased by 12% to CA$9.31

First Majestic Silver Corp. Declares Dividend for the Third Quarter of 2023, Payable on November 30, 2023

Third quarter 2023 earnings released: US$0.095 loss per share (vs US$0.079 loss in 3Q 2022)

First Majestic Silver Corp. to Report Q3, 2023 Results on Nov 02, 2023

Price target decreased by 8.5% to CA$10.75

Vice President of Corporate Development recently sold CA$928k worth of stock

Vice President of Corporate Development recently sold CA$637k worth of stock

Second quarter 2023 earnings released: US$0.062 loss per share (vs US$0.32 loss in 2Q 2022)

First Majestic Silver Corp. Declares Cash Dividend for the Second Quarter of 2023, Payable on or About August 31, 2023

First Majestic Silver Corp. Provides Production Guidance for the Second Half of 2023 and Revises Production Guidance for the Fiscal Year 2023

First Majestic Silver Corp. Announces Positive Drilling Results from Its Ongoing Exploration Programs At San Dimas, Santa Elena, and Jerritt Canyon

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

Vice President of Corporate Development recently bought CA$59k worth of stock

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

First quarter 2023 earnings released: US$0.37 loss per share (vs US$0.028 profit in 1Q 2022)

First Majestic Silver Corp. Declares Dividend for the First Quarter of 2023, Payable on or About June 9, 2023

Vice President of Corporate Development recently bought CA$94k worth of stock

Price target increased by 8.5% to CA$11.75

Vice President of Corporate Development recently bought CA$95k worth of stock

Price target decreased by 12% to CA$10.83

Vice President of Corporate Development recently bought CA$334k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 9.9% to CA$11.38

Insider recently sold CA$72k worth of stock

Insider recently sold CA$72k worth of stock

First Majestic Silver Corp. to Report Q4, 2022 Results on Feb 23, 2023

Founder recently sold CA$126k worth of stock

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

Vice President of Corporate Development recently sold CA$141k worth of stock

High number of new directors

First Majestic Silver Corp. Declares Cash Dividend for the Third Quarter of 2022, Payable on or About December 2, 2022

Third quarter 2022 earnings released: US$0.079 loss per share (vs US$0.072 loss in 3Q 2021)

First Majestic Reports Continues Exploration Success Intersecting 19.97 G/T Au over 20.9M Near Active Underground Mining At Jerritt Canyon

Vice President of Corporate Development recently sold CA$1.5m worth of stock

First Majestic Silver Corp. to Report Q3, 2022 Results on Nov 09, 2022

Vice President of Corporate Development recently bought CA$76k worth of stock

Director recently sold CA$1.8m worth of stock

First Majestic Silver Corp. Announces Additional Positive Drill Results from its Ongoing Exploration Program At the Jerritt Canyon Gold Mine

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

Second quarter 2022 earnings released: US$0.32 loss per share (vs US$0.064 profit in 2Q 2021)

First Majestic Silver Corp. Declares Cash Dividend for the Second Quarter of 2022, Payable on or About August 31, 2022

Vice President of Corporate Development recently bought CA$65k worth of stock

Price target decreased to CA$13.94

First Majestic Silver Corp. to Report Q2, 2022 Results on Aug 04, 2022

Vice President of Corporate Development recently bought CA$53k worth of stock

High number of new directors

First Majestic Silver Corp. Announces Positive Drill Results from Its Ongoing Exploration Program At the Jerritt Canyon Gold Mine Located in Elko County, Nevada

First Majestic Silver Corp. Elects Raymond Polman to Board of Directors

Sierra Madre Gold and Silver Ltd. (TSXV:SM) signed an arm’s length definitive agreement to acquire La Guitarra Compania Minera S.A. from First Majestic Silver Corp. (TSX:FR) for $39.8 million.

Vice President of Corporate Development recently bought CA$933k worth of stock

Price target decreased to CA$15.63

First Majestic Silver Corp. Declares Cash Dividend for the First Quarter of 2022, Payable on or About June 10, 2022

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

Vice President of Corporate Development recently bought CA$141k worth of stock

First Majestic Silver Corp. to Report Q1, 2022 Results on May 12, 2022

Revenue & Expenses Breakdown
Beta