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VANCOUVER, British Columbia (AP) _ First Majestic Silver Corp. (AG) on Wednesday reported fourth-quarter net income of $1.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 1 cent. Losses, adjusted for non-recurring gains, were 1 cent per share.
The silver miner posted revenue of $66.2 million in the period.
For the year, the company reported net income of $8.6 million, or 5 cents per share, swinging to a profit in the period. Revenue was reported as $278.1 million.
First Majestic shares have climbed 28 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AG at https://www.zacks.com/ap/AG
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Keywords: First Majestic Silver, Earnings Report
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : FR.TO |
ISIN : CA32076R1029 |
CUSIP : 32076R1029 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Majestic is a silver producing company based in Canada. First Majestic produces silver, gold, lead and zinc in Mexico, and holds various exploration projects in Canada and in Mexico. Its main assets in production are LA PARRILLA SILVER MINE, LA ENCANTADA (FIRST MAJESTIC SILVER), SAN MARTIN and LA ENCANTADA SILVER MINE in Mexico and its main exploration properties are REAL DE CATORCE, DEL TORO and CUITABOCA in Mexico and PITT ISLAND, PINCOURT, DOMPIERRE and DESJARDINS in Canada. First Majestic is listed in Canada, in Germany and in United States of America. Its market capitalisation is 465.4 millions as of today (US$ 340.6 millions, € 313.9 millions). Its stock quote reached its lowest recent point on November 02, 2001 at 0.01, and its highest recent level on May 17, 2024 at 9.99. First Majestic has 47 442 200 shares outstanding. |