First Majestic Silver Third Quarter 2024 Earnings: US$0.088 loss per share (vs US$0.095 loss in 3Q 2023)
In This Article:
First Majestic Silver (TSE:AG) Third Quarter 2024 Results
Key Financial Results
-
Revenue: US$146.1m (up 9.7% from 3Q 2023).
-
Net loss: US$26.6m (loss narrowed by 2.0% from 3Q 2023).
-
US$0.088 loss per share (improved from US$0.095 loss in 3Q 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 12% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are down 6.5% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for First Majestic Silver (1 is concerning!) that you need to be mindful of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.