FR : First Majestic Silver Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

First Majestic Silver Corp trades with the ticker FR on the TSX and is in the Silver industry.

Overview
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 that consists of 119 individual concessions covering an area of 71,839 hectares located in Durango and Sinaloa States, México; the Santa Elena comprising 32 individual concessions that covers an area of 102,172 hectares located in Sonora State, México; and the La Encantada consists of 22 exploitation concessions covering an area of 4,076 hectares located in Coahuila State, México. 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 incorporated in 1979 and is headquartered in Vancouver, Canada.
 

Looking to invest in First Majestic Silver Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

FR.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2058.844MM

PE Ratio:

Price: 53 (Updated: 3/12/2024 0:47:16)



First Majestic Silver Corp (FR) vs Competitors in Silver

Lets see how FR.TO stacks up against others in the Silver asset management industry. We have identified its main peers as:

Excellon Resources Inc, MAG Silver Corp, Minco Silver Corporation, Silvercorp Metals Inc

.

Silver Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Excellon Resources Inc (EXN) $5.153 N/A 5.774 N/A%
First Majestic Silver Corp (FR) $2,058.844 N/A -41.535 0.4%
MAG Silver Corp (MAG) $1,252.889 28.976 -79.066 N/A%
Minco Silver Corporation (MSV) $10.374 N/A 16.141 N/A%
Silvercorp Metals Inc (SVM) $645.393 15.87 4.211 0.9%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Silver

  • First Majestic Silver Corp (FR) vs Excellon Resources Inc (EXN)
    • EXN has higher EPS (-0.09 vs -0.65). FR provides dividends, while EXN does not. EXN and FR both have P/E’s under 0.
  • First Majestic Silver Corp (FR) vs MAG Silver Corp (MAG)
    • MAG has higher EPS (0.42 vs -0.65). FR provides dividends, while MAG does not. FR has a P/E under 0, indicating MAG (P/E 28.976) is in a better position.
  • First Majestic Silver Corp (FR) vs Minco Silver Corporation (MSV)
    • MSV has higher EPS (-0.05 vs -0.65). FR provides dividends, while MSV does not. MSV and FR both have P/E’s under 0.
  • First Majestic Silver Corp (FR) vs Silvercorp Metals Inc (SVM)
    • SVM has higher EPS (0.23 vs -0.65). SVM has higher dividend yield (0.9% vs 0.4%). FR has a P/E under 0, indicating SVM (P/E 15.87) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy FR stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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