Cormark Predicts Lower Earnings for First Majestic Silver

First Majestic Silver Corp. (TSE:AG) – Stock analysts at Cormark reduced their FY2024 earnings estimates for First Majestic Silver in a research note issued on Tuesday, February 18th. Cormark analyst R. Gray now expects that the company will post earnings per share of ($0.18) for the year, down from their previous estimate of ($0.09). The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share. Cormark also issued estimates for First Majestic Silver’s Q4 2024 earnings at $0.06 EPS.

First Majestic Silver Stock Down 3.3 %

TSE:AG opened at C$7.91 on Thursday. The company has a market cap of C$2.68 billion, a price-to-earnings ratio of -20.51 and a beta of 1.36. First Majestic Silver has a 52 week low of C$5.78 and a 52 week high of C$11.58. The firm’s fifty day moving average price is C$8.15.

About First Majestic Silver

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.