First Majestic Silver (TSE:FR) First Quarter 2024 Results
Key Financial Results
- Revenue: US$106.0m (down 33% from 1Q 2023).
- Net loss: US$13.6m (loss narrowed by 87% from 1Q 2023).
- US$0.047 loss per share (improved from US$0.37 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
First Majestic Silver Earnings Insights
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company’s shares are up 6.0% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we’ve spotted with First Majestic Silver (including 1 which is potentially serious).
Valuation is complex, but we’re helping make it simple.
Find out whether First Majestic Silver is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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