Brokers Offer Predictions for AG FY2025 Earnings

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Stock analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of First Majestic Silver in a research note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the mining company will earn $0.62 per share for the year, up from their prior estimate of $0.61. The consensus estimate for First Majestic Silver’s current full-year earnings is ($0.16) per share.

AG has been the topic of a number of other research reports. Scotiabank dropped their price objective on First Majestic Silver from $6.50 to $6.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 15th. HC Wainwright reissued a “buy” rating and issued a $11.00 target price on shares of First Majestic Silver in a research report on Friday, January 10th.

First Majestic Silver Trading Up 3.2 %

AG opened at $5.79 on Wednesday. First Majestic Silver has a one year low of $4.17 and a one year high of $8.44. The company has a market cap of $1.81 billion, a P/E ratio of -21.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.45 and a current ratio of 3.03. The business’s 50-day simple moving average is $5.79 and its 200-day simple moving average is $6.02.

Institutional Trading of First Majestic Silver

A number of large investors have recently made changes to their positions in AG. Trexquant Investment LP lifted its position in First Majestic Silver by 161.0% during the 4th quarter. Trexquant Investment LP now owns 1,026,729 shares of the mining company’s stock worth $5,637,000 after acquiring an additional 633,413 shares during the period. Geode Capital Management LLC lifted its position in First Majestic Silver by 5.2% during the 4th quarter. Geode Capital Management LLC now owns 144,011 shares of the mining company’s stock worth $799,000 after acquiring an additional 7,110 shares during the period. National Bank of Canada FI lifted its position in First Majestic Silver by 19.4% during the 4th quarter. National Bank of Canada FI now owns 816,288 shares of the mining company’s stock worth $4,485,000 after acquiring an additional 132,661 shares during the period. Franklin Resources Inc. lifted its position in First Majestic Silver by 8.3% during the 4th quarter. Franklin Resources Inc. now owns 23,240 shares of the mining company’s stock worth $128,000 after acquiring an additional 1,776 shares during the period. Finally, Alliancebernstein L.P. lifted its position in First Majestic Silver by 17.5% during the 4th quarter. Alliancebernstein L.P. now owns 84,223 shares of the mining company’s stock worth $462,000 after acquiring an additional 12,520 shares during the period. 27.16% of the stock is owned by institutional investors and hedge funds.

About First Majestic Silver

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.