What is HC Wainwright’s Forecast for TSE:AG FY2025 Earnings?

First Majestic Silver Corp. (TSE:AG) – Equities researchers at HC Wainwright boosted their FY2025 earnings per share (EPS) estimates for First Majestic Silver in a research report issued to clients and investors on Friday, November 8th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.19 for the year, up from their previous forecast of $0.12. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

Several other analysts have also issued reports on the company. BMO Capital Markets cut their price objective on First Majestic Silver from C$9.00 to C$7.00 in a report on Saturday, September 7th. Cormark raised First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research note on Friday, September 6th. Finally, TD Securities lowered their price target on First Majestic Silver from C$8.50 to C$7.50 in a research note on Monday, September 9th.

First Majestic Silver Trading Down 4.1 %

AG stock opened at C$8.65 on Monday. The business has a 50 day moving average of C$9.01. The stock has a market cap of C$2.61 billion, a P/E ratio of -23.39 and a beta of 1.36. First Majestic Silver has a 12-month low of C$6.23 and a 12-month high of C$11.18.

First Majestic Silver Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.006 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Friday, November 15th. First Majestic Silver’s dividend payout ratio is presently -5.56%.

About First Majestic Silver

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.