First Majestic Silver (BMV:AG1 N) - Stock Price, News & Analysis

AG1 N 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

AG1 N fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 29.9% below our estimate of its fair value

Earnings are forecast to grow 97.54% per year

Risk Analysis

Shares are highly illiquid

Shareholders have been diluted in the past year

First Majestic Silver Corp. Competitors

Minera Frisco. de

BMV:MFRISCO A-1

Mex$20.9b

Industrias CH S. A. B. de C. V

BMV:ICH B

Mex$77.3b

ALPEK. de

BMV:ALPEK A

Mex$27.7b

Industrias Peñoles. de

BMV:PE&OLES *

Mex$99.2b

Price History & Performance

Summary of all time highs, changes and price drops for First Majestic Silver
Historical stock prices
Current Share Price	CA$87.50
52 Week High	CA$113.00
52 Week Low	CA$83.00
Beta	1.36
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-51.09%

Recent updates

Shareholder Returns

	AG1 N	MX Metals and Mining	MX Market
7D	0%	-2.6%	-0.8%
1Y	n/a	15.3%	2.4%

Return vs Industry: Insufficient data to determine how AG1 N performed against the MX Metals and Mining industry.

Return vs Market: Insufficient data to determine how AG1 N performed against the MX Market.

Price Volatility

Is AG1 N's price volatile compared to industry and market?
AG1 N volatility
AG1 N Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	5.2%
Market Average Movement	4.0%
10% most volatile stocks in MX Market	6.1%
10% least volatile stocks in MX Market	2.0%

Stable Share Price: AG1 N has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine AG1 N's volatility change over the past year.

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?
AG1 N fundamental statistics
Market cap	Mex$32.68b
Earnings (TTM)	-Mex$2.29b
Revenue (TTM)	Mex$9.74b

3.4x

P/S Ratio

-14.3x

P/E Ratio

Is AG1 N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AG1 N 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 AG1 N perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-4%

Payout Ratio

AG1 N Stock Overview

Rewards

Risk Analysis

First Majestic Silver Corp. Competitors

BMV:MFRISCO A-1

Mex$20.9b

BMV:ICH B

Mex$77.3b

BMV:ALPEK A

Mex$27.7b

BMV:PE&OLES *

Mex$99.2b

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

Fourth quarter dividend of US$0.0048 announced

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

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

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

Fourth quarter dividend of US$0.0048 announced

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

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

Insider recently sold Mex$235k worth of stock

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

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

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

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

Insider recently sold Mex$1.0m worth of stock

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

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

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

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

Vice President of Corporate Development recently bought Mex$376k worth of stock

High number of new directors

Insider recently bought Mex$226k worth of stock

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

Vice President of Corporate Development recently bought Mex$761k worth of stock

High number of new directors

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

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

Vice President of Corporate Development recently bought Mex$827k 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 Mex$796k worth of stock

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

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

Insider recently sold Mex$1.4m worth of stock

Insider recently sold Mex$1.7m worth of stock

First Majestic Announces 2021 Mineral Reserve and Resource Estimates

Shareholder Returns

Price Volatility

About the Company

First Majestic Silver Corp. Fundamentals Summary

3.4x

-14.3x

Earnings & Revenue

Dividends

0.3%

-4%