First Majestic Silver (AG) Expected to Announce Quarterly Earnings on Thursday

First Majestic Silver (NYSE:AG) (TSE:FR) will likely be announcing its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $227.77 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

First Majestic Silver Trading Down 0.8 %

AG opened at $5.35 on Thursday. The stock has a market cap of $1.67 billion, a PE ratio of -19.80 and a beta of 1.24. The company has a quick ratio of 2.45, a current ratio of 3.03 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $5.68 and a 200-day moving average of $6.01. First Majestic Silver has a 52 week low of $4.28 and a 52 week high of $8.44.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AG shares. Scotiabank lowered their target price on First Majestic Silver from $6.50 to $6.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 15th. HC Wainwright restated a “buy” rating and issued a $11.00 target price on shares of First Majestic Silver in a research note on Friday, January 10th.

First Majestic Silver Company Profile

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.