First Majestic Silver Corporation
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, including the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State. It also holds interests in the La Luz silver project located in in San Luis Potosi State; the Plomosas silver project located in Sinaloa State; and the Jalisco group of properties located in the Etzatlan mining district in Jalisco, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was founded in 1979 and is headquartered in Vancouver, Canada.
Current Price
$19.90
-0.20%GoodMoat Value
$12.24
38.5% overvaluedFirst Majestic Silver Corporation (AG) Stock Analysis
AG Financial Charts
FCF vs CAPEX
Forward estimates use 50.0% FCF growth (CAGR)
Cash vs Debt
Net Cash: 485M
Revenue
364M
FY19
364M
FY20
584M
FY21
624M
FY22
574M
FY23
561M
FY24
1.3B
FY25
Net Income
—
FY19
23M
FY20
—
FY21
—
FY22
—
FY23
—
FY24
165M
FY25
AG 52-Week Range
Price sits at 54% of its 52-week range.
First Majestic Silver Corporation (AG) Financial Summary
First Majestic Silver Corporation (AG) is a Basic Materials company in the Silver industry, listed on NYSE. The stock currently trades at $19.90 with a market capitalization of $9.78B.
Key valuation metrics include a P/E ratio of 33.63, price-to-book ratio of 3.54, and EPS of $0.34. The company reports a profit margin of 19.5% and return on equity of 10.5%.
AG Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $9.78B |
| P/E Ratio | 33.63 |
| EPS | $0.34 |
| P/B Ratio | 3.54 |
| P/S Ratio | 6.56 |
| EV/EBITDA | 10.75 |
| Dividend Yield | 0.10% |
| Profit Margin | 19.5% |
| Return on Equity | 10.5% |
| Debt/Equity | 0.11 |
AG Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $363.94M | $-40.47M |
| FY20 | $363.88M | $23.09M |
| FY21 | $584.12M | $-4.92M |
| FY22 | $624.22M | $-114.28M |
| FY23 | $573.80M | $-135.11M |
| FY24 | $560.60M | $-101.89M |
| FY25 | $1.26B | $164.92M |
First Majestic Silver Corporation (AG) Valuation
Based on GoodMoat's DCF model, First Majestic Silver Corporation has a fair value estimate of $12.24. At the current price of $19.90, the stock appears 62.6% overvalued relative to our intrinsic value estimate.
AG Quality Indicators
First Majestic Silver Corporation maintains a profit margin of 19.5% and an operating margin of 29.6%. Return on equity stands at 10.5%. The current ratio is 2.60. Debt-to-equity ratio is 0.11.
About First Majestic Silver Corporation
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, including the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State. It also holds interests in the La Luz silver project located in in San Luis Potosi State; the Plomosas silver project located in Sinaloa State; and the Jalisco group of properties located in the Etzatlan mining district in Jalisco, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was founded in 1979 and is headquartered in Vancouver, Canada.
AG Free Cash Flow
First Majestic Silver Corporation generated $315.35M in trailing twelve-month free cash flow, representing an FCF yield of 3.23%. This moderate FCF yield indicates reasonable cash generation.
AG Shares Outstanding
First Majestic Silver Corporation has 0.49 billion shares outstanding at a share price of $19.90, giving it a market capitalization of $9.78B.