First Majestic Silver (AG) Expected to Announce Quarterly Earnings on Thursday

First Majestic Silver (NYSE:AG) (TSE:FR) is expected to be announcing its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $227.77 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

First Majestic Silver Price Performance

AG opened at $5.35 on Thursday. The stock’s 50 day simple moving average is $5.68 and its 200 day simple moving average is $6.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.03 and a quick ratio of 2.45. First Majestic Silver has a 1 year low of $4.28 and a 1 year high of $8.44. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of -19.80 and a beta of 1.24.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AG shares. Scotiabank reduced their price target on First Majestic Silver from $6.50 to $6.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 15th. HC Wainwright restated a “buy” rating and set a $11.00 price target on shares of First Majestic Silver in a research report on Friday, January 10th.

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.