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First Majestic Silver (TSE:AG)
TSX:AG
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
-0.07Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 3.67%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements such as record cash flow, strong production numbers, and successful strategic acquisitions. However, challenges like stock performance pressure, currency fluctuation impacts, and exploration delays were noted. The positive aspects, including strong financial performance and strategic plans for 2025, outweigh the lowlights.Company Guidance
During the First Majestic Silver 2024 Production and Results Financial Results and 2025 Guidance Conference Call, CEO Keith Neumeyer highlighted the company's accomplishments and future projections. In 2024, the company achieved a record cash flow of $68 million and met its guidance with 21.7 million ounces of silver equivalent production at an all-in sustaining cost of $21.11. Notably, the Santa Elena mine hit a record production of over 10 million ounces. The year ended with a robust cash balance of $308 million and total liquidity of $364 million. For 2025, First Majestic Silver is guiding a production midpoint of 29 million silver equivalent ounces, with 53% in silver, 30% in gold, and the remainder in lead and zinc. The company plans a significant exploration program, aiming to drill 270,000 meters, and is focusing on integrating the Gatos acquisition, which increased the workforce from 4,100 to 5,300 employees. A share buyback program is ongoing, and the company aims to maintain strong financial health with plans to increase its treasury.Record Cash Flow in Q4
First Majestic Silver reported record cash flow of $68 million in Q4, with significant cash flow improvements and an all-time low in reportable loss and incidents.
Santa Elena Production Milestone
Santa Elena achieved record production, breaking through 10 million ounces of production for the first time ever.
Strong Cash Position
The company ended the year with a strong cash balance of $308 million and $364 million in liquidity.
Exploration and Production Guidance
The company plans a large exploration program for 2025, aiming for 270,000 meters of drilling. Production guidance for 2025 is set at 29 million silver equivalent ounces.
Successful Gatos Acquisition
The acquisition of Gatos is expected to significantly contribute to future production and synergies are being identified to lower costs.
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TSE:AG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:AG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | C$7.63 | C$8.18 | +7.21% |
| Nov 07, 2024 | C$9.12 | C$9.37 | +2.74% |
| Aug 01, 2024 | C$8.53 | C$7.39 | -13.35% |
| May 08, 2024 | C$9.93 | C$9.74 | -1.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does First Majestic Silver (TSE:AG) report earnings?
First Majestic Silver (TSE:AG) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is First Majestic Silver (TSE:AG) earnings time?
First Majestic Silver (TSE:AG) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:AG EPS forecast?
TSE:AG EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
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