AG FY2025 EPS Increased by National Bank Financial

First Majestic Silver Corp. (NYSE:AGFree Report) (TSE:FR) – Investment analysts at National Bank Financial raised their FY2025 earnings per share estimates for shares of First Majestic Silver in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the mining company will post earnings of $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.

Several other research firms also recently issued reports on AG. 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 set a $11.00 price target on shares of First Majestic Silver in a research report on Friday, January 10th.

Check Out Our Latest Report on First Majestic Silver

First Majestic Silver Stock Performance

AG opened at $5.62 on Wednesday. The firm’s 50 day moving average is $5.80 and its 200-day moving average is $6.02. First Majestic Silver has a 52-week low of $4.17 and a 52-week high of $8.44. The company has a current ratio of 3.03, a quick ratio of 2.45 and a debt-to-equity ratio of 0.16.

Institutional Investors Weigh In On First Majestic Silver

A number of institutional investors have recently added to or reduced their stakes in AG. Allworth Financial LP grew its stake in shares of First Majestic Silver by 805.4% in the 4th quarter. Allworth Financial LP now owns 5,161 shares of the mining company’s stock worth $29,000 after purchasing an additional 4,591 shares during the last quarter. Blue Trust Inc. boosted its position in shares of First Majestic Silver by 77.3% in the 3rd quarter. Blue Trust Inc. now owns 5,166 shares of the mining company’s stock valued at $31,000 after purchasing an additional 2,253 shares during the period. Generali Investments CEE investicni spolecnost a.s. purchased a new position in First Majestic Silver in the 4th quarter worth about $55,000. Y Intercept Hong Kong Ltd acquired a new stake in First Majestic Silver during the 3rd quarter worth about $70,000. Finally, Creative Planning acquired a new stake in First Majestic Silver during the 3rd quarter worth about $72,000. 27.16% of the stock is currently owned by institutional investors and hedge funds.

About First Majestic Silver

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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.

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