First Majestic Silver Corp. Ordinary Shares (Canada) (AG) Company Bio
First Majestic Silver Corporation engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company was founded in 1979 and is based in Vancouver, Canada.
AG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for First Majestic Silver Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that First Majestic Silver Corp ranked in the 6th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 97%. The most interesting components of our discounted cash flow analysis for First Majestic Silver Corp ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is -1.58 -- which is good for besting merely 12.15% of its peer stocks (US stocks in the Basic Materials sector with positive cash flow).
The company's compound free cash flow growth rate over the past 3 years comes in at -0.17%; that's greater than only 11.63% of US stocks we're applying DCF forecasting to.
The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately only 18.98% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of First Majestic Silver Corp? See MOS, PPIH, TGLS, ASH, and AVD.
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First Majestic (AG) completed the Springpole Silver Stream agreement with First Mining Gold Corp.The company has agreed to purchase 50% of payable silver produced from the Springpole Gold Project, for which it will pay a total consideration of $22.5M.First payment consists $2.5M in cash and $7.5M in AG shares, the...
First Majestic Silver Corp. (AG: NYSE; FR: TSX; FMV: Frankfurt) (the "Company" or “First Majestic”) is pleased to announce that all outstanding conditions required to complete the previously announced Springpole Silver Stream agreement with First Mining Gold Corp. (“First Mining”) have been fulfilled. Under the agreement, First Majestic has agreed to purchase 50% of the payable silver produced from the Springpole Gold Project (“Springpole” or the “Project”) located in Ontario, Canada. The first payment consisting of $2.5 million in cash and $7.5 million in First Majestic shares (805,698 First Majestic shares issued at a deemed price equal to the 20-day VWAP on the Toronto Stock Exchange) has been paid to First Mining.