First Majestic Silver (LSE:0QYC) - Stock Price, News & Analysis

0QYC 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.

About the company

0QYC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

First Majestic Silver Corp. Competitors

Hill & Smith

LSE:HILS

UK£1.5b

Centamin

LSE:CEY

UK£1.5b

Novolipetsk Steel

LSE:NLMK

US$4.1b

EVRAZ

LSE:EVR

UK£1.2b

Price History & Performance

Summary of all time highs, changes and price drops for First Majestic Silver
Historical stock prices
Current Share Price	CA$9.36
52 Week High	CA$11.37
52 Week Low	CA$5.76
Beta	1.36
1 Month Change	25.81%
3 Month Change	42.03%
1 Year Change	-3.01%
3 Year Change	-51.20%
5 Year Change	n/a
Change since IPO	103.06%

Recent updates

Shareholder Returns

	0QYC	GB Metals and Mining	GB Market
7D	-3.1%	0.5%	2.7%
1Y	-3.0%	3.1%	0.3%

Price Volatility

Is 0QYC's price volatile compared to industry and market?
0QYC volatility
0QYC Average Weekly Movement	9.2%
Metals and Mining Industry Average Movement	8.6%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0QYC's share price has been volatile over the past 3 months.

Volatility Over Time: 0QYC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
1979	n/a	Keith Neumeyer	www.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?
0QYC fundamental statistics
Market cap	CA$2.67b
Earnings (TTM)	-CA$185.11m
Revenue (TTM)	CA$786.15m

3.4x

P/S Ratio

-14.4x

P/E Ratio

Is 0QYC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0QYC income statement (TTM)
Revenue	US$573.80m
Cost of Revenue	US$432.15m
Gross Profit	US$141.66m
Other Expenses	US$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 Margin	24.69%
Net Profit Margin	-23.55%
Debt/Equity Ratio	16.2%

How did 0QYC perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-4%

Payout Ratio

0QYC Stock Overview

Rewards

Risk Analysis

First Majestic Silver Corp. Competitors

LSE:HILS

UK£1.5b

LSE:CEY

UK£1.5b

LSE:NLMK

US$4.1b

LSE:EVR

UK£1.2b

Price History & Performance

Recent News & Updates

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

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

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

Fourth quarter dividend of US$0.0048 announced

Full year 2023 earnings released: US$0.48 loss per share (vs US$0.43 loss in FY 2022)

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

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

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

Fourth quarter dividend of US$0.0048 announced

Full year 2023 earnings released: US$0.48 loss per share (vs US$0.43 loss in FY 2022)

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

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

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

New minor risk - Financial position

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

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

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

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

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

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

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

Vice President of Corporate Development recently bought CA$133k worth of stock

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

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

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

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

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

Full year 2022 earnings released: US$0.43 loss per share (vs US$0.02 loss in FY 2021)

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

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

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

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

First quarter 2022 earnings released: EPS: US$0.028 (vs US$0.008 in 1Q 2021)

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

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

Insider recently sold CA$88k worth of stock

Insider recently sold CA$104k worth of stock

First Majestic Announces 2021 Mineral Reserve and Resource Estimates

Vice President of Corporate Development recently sold CA$606k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insider recently sold CA$363k worth of stock

First Majestic Silver Corp., Annual General Meeting, May 26, 2022