| First Majestic Silver reports 1Q loss | |
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Vancouver, British Columbia (AP) _ First Majestic Silver Corp. (T.FR) on Thursday reported a loss of $1.1 million (1.3 million CAD) in its first quarter.
The Vancouver, British Columbia-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to less than 1 cent on a per-share basis.
The average estimate of four analysts surveyed by Zacks Investment Research was also breakeven on a per-share basis.
The silver mining company posted revenue of $52 million (65.7 million CAD) in the period.
First Majestic Silver shares have fallen slightly more than 4 percent since the beginning of the year. The stock has decreased 38 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.FR at http://www.zacks.com/ap/T.FR
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Keywords: First Majestic Silver, Earnings Report
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First Majestic Silver Corp.
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PRODUCER |
CODE : FR.TO |
ISIN : CA32076R1029 |
CUSIP : 32076R1029 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Majestic is a silver producing company based in Canada. First Majestic produces silver, gold, lead and zinc in Mexico, and holds various exploration projects in Canada and in Mexico. Its main assets in production are LA PARRILLA SILVER MINE, LA ENCANTADA (FIRST MAJESTIC SILVER), SAN MARTIN and LA ENCANTADA SILVER MINE in Mexico and its main exploration properties are REAL DE CATORCE, DEL TORO and CUITABOCA in Mexico and PITT ISLAND, PINCOURT, DOMPIERRE and DESJARDINS in Canada. First Majestic is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.5 billions as of today (US$ 1.1 billions, € 1.0 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.01, and its highest recent level on December 22, 2017 at CA$ 9.99. First Majestic has 164 340 000 shares outstanding. |