FY2027 Earnings Estimate for TSE:AG Issued By Scotiabank

First Majestic Silver Corp. (TSE:AG) – Investment analysts at Scotiabank upped their FY2027 earnings per share (EPS) estimates for First Majestic Silver in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of $1.26 for the year, up from their prior estimate of $1.16. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

First Majestic Silver (TSE:AG) last issued its earnings results on Tuesday, May 12th. The company reported C$0.43 EPS for the quarter. First Majestic Silver had a net margin of 19.45% and a return on equity of 10.82%. The company had revenue of C$662.71 million for the quarter.

A number of other equities analysts have also commented on AG. ATB Cormark Capital Markets upgraded shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating and boosted their price target for the company from C$36.00 to C$37.00 in a research report on Friday, July 10th. BMO Capital Markets raised shares of First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 price objective for the company in a report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, First Majestic Silver presently has a consensus rating of “Buy” and an average target price of C$30.40.

First Majestic Silver Stock Down 0.5%

Shares of First Majestic Silver stock opened at C$22.17 on Friday. First Majestic Silver has a 12-month low of C$10.69 and a 12-month high of C$43.69. The stock has a market capitalization of C$10.95 billion, a P/E ratio of 37.58 and a beta of 2.79. The company has a 50-day simple moving average of C$25.87 and a 200 day simple moving average of C$28.81.

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.