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 5th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 98%. The most interesting components of our discounted cash flow analysis for First Majestic Silver Corp ended up being:
The company has produced more trailing twelve month cash flow than only 15.22% of its sector Basic Materials.
The business' balance sheet suggests that 6% of the company's capital is sourced from debt; this is greater than only 19.03% of the free cash flow producing stocks we're observing.
First Majestic Silver Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.58. This coverage rate is greater than that of only 18.43% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as AG, try RYAM, ASH, CENX, CX, and HBM.
The Q4 Earnings Season for the Silver Miners Index (SIL) is just around the corner, and First Majestic Silver (AG) is one of the first companies to report its preliminary Q4 and FY2020 results. Despite a year that was adversely affected by COVID-19 related shutdowns, First Majestic had a solid...
First Majestic Silver Corp. (FR.TO) (TSE:FR) (NYSE:AG) Director Douglas John Penrose sold 73,507 shares of the stock in a transaction on Tuesday, January 5th. The shares were sold at an average price of C$17.66, for a total value of C$1,298,133.62. Following the completion of the transaction, the director now owns -41,507 shares in the company, […]
Although equity valuations appear stretched, there are a handful of great companies that still offer incredible value for patient investors. Investors should strongly consider putting some of their money to work in domain registration and cloud-based technology products company GoDaddy (NYSE: GDDY). Being the go-to for domain registrations -- GoDaddy holds a 22% share of the domain registration market -- has its perks.