In This Article:
First Majestic Silver (TSE:AG) Full Year 2024 Results
Key Financial Results
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Revenue: US$560.6m (down 2.3% from FY 2023).
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Net loss: US$101.9m (loss narrowed by 25% from FY 2023).
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US$0.34 loss per share (improved from US$0.48 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
First Majestic Silver Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 5.1%.
Looking ahead, revenue is forecast to grow 33% 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 share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on First Majestic Silver's balance sheet health.
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