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Last update at 2024-09-11T10:43:02.609591Z
First Majestic Releases 2023 Annual Report
Thu 30 May 24, 11:00 AMFirst Majestic Releases 2023 Sustainability Report and Strategy
Tue 28 May 24, 11:00 AMFirst Majestic Announces Ticker Symbol Change on the Toronto Stock Exchange to "AG"
Fri 24 May 24, 08:00 PMFirst Majestic Announces Voting Results from Annual General Meeting
Fri 24 May 24, 11:00 AMFirst Majestic Reminds Shareholders to Vote in Upcoming Annual General Meeting
Tue 14 May 24, 11:00 AMFirst Majestic Announces Financial Results for Q1 2024 and Quarterly Dividend Payment
Wed 08 May 24, 11:00 AMFirst Majestic Produces 5.2 Million AgEq Oz in Q1 2024
Tue 16 Apr 24, 11:00 AMCalculating The Intrinsic Value Of First Majestic Silver Corp. (TSE:FR)
Mon 08 Apr 24, 11:09 AMFirst Majestic Announces 2023 Mineral Reserve and Mineral Resource Estimates
Mon 01 Apr 24, 08:30 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | -61.40400M | 25.25M | 29.73M | -39.02400M | -263.04700M |
Minority interest | - | - | - | - | - |
Net income | -114.27600M | -4.92300M | 23.09M | -40.47400M | -204.16400M |
Selling general administrative | 48.70M | 37.68M | 31.23M | 33.49M | 27.95M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 16.75M | 101.42M | 105.05M | 67.86M | -14.00900M |
Reconciled depreciation | 137.41M | 118.28M | 56.28M | 67.22M | 94.52M |
Ebit | -50.53700M | 49.20M | 40.36M | 28.38M | -41.24400M |
Ebitda | 86.87M | 165.56M | 105.02M | 95.60M | 53.28M |
Depreciation and amortization | 137.41M | 116.36M | 64.66M | 67.22M | 94.52M |
Non operating income net other | - | - | - | - | - |
Operating income | -50.53700M | 49.20M | 40.36M | 28.38M | -41.24400M |
Other operating expenses | 678.46M | 540.44M | 318.68M | 346.09M | 352.73M |
Interest expense | 12.94M | 12.55M | 12.07M | 12.03M | 10.91M |
Tax provision | 52.87M | 30.17M | 6.64M | 1.45M | -58.88300M |
Interest income | 14.83M | 13.00M | 1.07M | 3.92M | 11.66M |
Net interest income | -11.86800M | -12.05900M | -11.33600M | -6.39300M | -7.85000M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 52.87M | 30.17M | 6.64M | 1.45M | -58.88300M |
Total revenue | 626.85M | 587.23M | 366.68M | 368.83M | 308.42M |
Total operating expenses | 68.36M | 54.64M | 57.05M | 45.11M | 30.30M |
Cost of revenue | 610.10M | 485.81M | 261.62M | 300.98M | 322.43M |
Total other income expense net | -10.86700M | -23.95200M | -10.62800M | -67.40300M | -221.80300M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | -114.27600M | -4.92300M | 23.09M | -40.47400M | -204.16400M |
Net income applicable to common shares | -114.27600M | -4.92300M | 23.09M | -40.47400M | -204.16400M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 2110.01M | 2124.99M | 1237.52M | 1027.92M | 926.11M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 5.62M | 17.92M | -0.00100M | 3.02M | 4.13M |
Total liab | 698.71M | 714.02M | 387.28M | 365.60M | 331.54M |
Total stockholder equity | 1411.30M | 1410.97M | 850.24M | 662.32M | 594.57M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 78.54M | 76.20M | 32.68M | 45.95M | 14.41M |
Common stock | 1781.28M | 1659.78M | 1087.14M | 933.18M | 827.62M |
Capital stock | 1781.28M | 1659.78M | 1087.14M | 933.18M | 827.62M |
Retained earnings | -468.89600M | -347.75300M | -338.90000M | -361.55300M | -321.07900M |
Other liab | 297.75M | 332.05M | 128.71M | 109.12M | 122.23M |
Good will | - | - | - | - | - |
Other assets | 188.26M | 200.79M | 0.00100M | 57.91M | 73.14M |
Cash | 151.44M | 237.93M | 238.58M | 169.01M | 57.01M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 167.40M | 172.82M | 101.63M | 71.85M | 58.14M |
Current deferred revenue | 3.38M | 12.23M | 2.72M | 4.49M | 3.77M |
Net debt | 96.51M | -16.83200M | -65.29600M | 8.74M | 98.35M |
Short term debt | 14.38M | 11.95M | 16.33M | 8.10M | 4.18M |
Short long term debt | 0.55M | 0.12M | 10.97M | 1.18M | 1.28M |
Short long term debt total | 247.94M | 221.09M | 173.28M | 177.75M | 155.36M |
Other stockholder equity | -11.98100M | 98.94M | 102.00M | 90.69M | 88.03M |
Property plant equipment | 1539.11M | 1526.99M | 782.28M | 712.06M | 686.70M |
Total current assets | 370.29M | 397.21M | 356.05M | 242.98M | 166.27M |
Long term investments | - | - | - | - | - |
Net tangible assets | 1411.30M | 1410.97M | 850.24M | 662.32M | 594.57M |
Short term investments | 34.53M | 26.49M | 36.32M | 6.51M | 6.42M |
Net receivables | 41.22M | 54.26M | 45.91M | 33.93M | 66.25M |
Long term debt | 209.81M | 181.11M | 141.73M | 154.64M | 148.23M |
Inventory | 64.76M | 60.61M | 32.51M | 30.52M | 32.47M |
Accounts payable | 71.09M | 72.45M | 49.90M | 36.30M | 35.77M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 98.91M | 98.94M | 102.00M | 90.69M | 88.03M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | 1087.14M | 933.18M | 827.62M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 143.55M | 126.53M | 29.55M | 21.74M | 22.20M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 1739.72M | 1727.78M | 881.47M | 784.95M | 759.84M |
Capital lease obligations | 37.58M | 39.86M | 20.57M | 21.94M | 5.85M |
Long term debt total | 233.57M | 209.14M | 156.95M | 169.66M | 151.17M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -213.79700M | -0.95800M | -127.11500M | -116.93400M | -117.04100M |
Change to liabilities | -22.74800M | 16.58M | 10.77M | 8.96M | -6.38800M |
Total cashflows from investing activities | -213.79700M | -180.75300M | -127.11500M | -116.93400M | -117.04100M |
Net borrowings | 6.53M | 31.65M | -17.67500M | -5.21300M | 27.36M |
Total cash from financing activities | 113.89M | 111.82M | 116.57M | 87.68M | 25.44M |
Change to operating activities | 3.81M | -39.07400M | -28.21700M | 30.80M | -16.62400M |
Net income | -114.27600M | -4.92300M | 23.09M | -40.47400M | -204.16400M |
Change in cash | -86.48800M | -0.65200M | 69.57M | 112.00M | -61.12800M |
Begin period cash flow | 237.93M | 238.58M | 169.01M | 57.01M | 118.14M |
End period cash flow | 151.44M | 237.93M | 238.58M | 169.01M | 57.01M |
Total cash from operating activities | 18.99M | 68.72M | 79.71M | 140.03M | 33.26M |
Issuance of capital stock | 113.39M | 66.67M | 126.13M | 81.92M | - |
Depreciation | 137.41M | 118.28M | 49.79M | 119.74M | 94.52M |
Other cashflows from investing activities | 3.88M | -19.88000M | -11.76700M | 0.81M | -3.99100M |
Dividends paid | 6.87M | 3.93M | 24.01M | 3.93M | 3.93M |
Change to inventory | -3.44700M | -8.95600M | -4.28800M | 2.83M | 2.02M |
Change to account receivables | -0.87000M | -3.38600M | 0.02M | 1.30M | 0.77M |
Sale purchase of stock | -0.66500M | -0.04200M | -1.69400M | 98.58M | -1.38600M |
Other cashflows from financing activities | 51.49M | 270.24M | 19.81M | 10.98M | 184.56M |
Change to netincome | 17.44M | -16.36100M | 20.81M | 49.88M | 13.58M |
Capital expenditures | 217.68M | 188.97M | 114.49M | 118.61M | 111.31M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -27.68600M | -31.50400M | -22.83100M | 37.33M | -21.16700M |
Stock based compensation | 13.96M | 12.29M | 8.26M | 8.32M | 7.38M |
Other non cash items | -43.29100M | -55.59600M | 64.56M | 133.40M | 310.10M |
Free cash flow | -198.69200M | -120.24400M | -34.77700M | 21.42M | -78.04600M |
Sector: Basic Materials Industry: Silver
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
FR First Majestic Silver Corp |
- -% | - | - | 476.19 | 3.11 | 1.01 | 3.24 | -24.566 |
AG First Majestic Silver Corp |
0.35 4.19% | 8.70 | - | 19.96 | 5.18 | 1.43 | 3.75 | 22.84 |
AYA Aya Gold & Silver Inc |
0.20 1.52% | 13.34 | 190.11 | 24.15 | 53.73 | 5.87 | 39.04 | 118.49 |
MAG MAG Silver Corp |
0.71 3.30% | 22.24 | 26.48 | 21.74 | - | 3.04 | 4905.32 | |
SVM Silvercorp Metals Inc |
0.10 2.22% | 4.61 | 14.29 | 10.56 | 4.89 | 1.61 | 2.78 | 5.51 |
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.
925 West Georgia Street, Vancouver, BC, Canada, V6C 3L2
Name | Title | Year Born |
---|---|---|
Mr. Keith N. Neumeyer | Founder, Pres, CEO & Director | 1960 |
Mr. Steven C. Holmes | Chief Operating Officer | NA |
Mr. Ramon Mendoza Reyes P. Eng., P.Eng. | VP of Technical Services | NA |
Mr. David Soares C.A., CPA, M.B.A. | Chief Financial Officer | NA |
Mr. Arturo Diaz | VP of Admin. | NA |
Ms. Sophie E. Hsia BCL, L.L.B., L.L.M., LLB, LLM | Gen. Counsel | NA |
Ms. Jill Anne Arias | VP of Corp. Communications & Marketing | NA |
Mr. Todd Anthony M.B.A., MBA | VP of Corp. Devel. | NA |
Mr. David Smith | VP of HR | NA |
Ms. Connie Lillico B.A. | Corp. Sec. | NA |
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