|Bid||6.3500 x 5100|
|Ask||6.3600 x 6200|
|Day's Range||6.3416 - 6.5100|
|52 Week Range||4.9300 - 9.5900|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.54|
Among the stocks we’ve discussed throughout this series, Tahoe Resources (TAHO) is trading at the lowest forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 4.7x. The stock is trading at a huge discount of 60% to its trailing-five-year average. Tahoe Resources’ stock price, as well as analysts’ corresponding estimates, took a severe dive after the Guatemalan government’s decision to suspend its Escobal mine license on July 5, 2017. Its valuation multiple has also fallen 27% since July.
Pan American Silver (PAAS) stock has outperformed its peers (SIL) as well as silver prices (SLV) YTD (year-to-date). PAAS has fallen 1.4% YTD, and SLV and SIL have fallen 3.8% and 8.1%, respectively, YTD as of March 16, 2018. PAAS’s strong operational performance in 2017 is the major reason behind the stock’s outperformance.
First Majestic Silver’s (AG) stock price has seen the highest fall among its peers (SIL) YTD (year-to-date) in 2018. Analysts expect First Majestic Silver to see revenue of $347.7 million in 2018, which implies a YoY (year-over-year) rise of 37.8%. Analysts’ estimates for 2019 imply another rise of 26.1% YoY.
VANCOUVER, British Columbia, March 19, 2018-- First Majestic Silver Corp. announces that its board of directors has approved the extension of its share repurchase program pursuant to a normal course issuer ...
Mining stocks’ correlations with gold are crucial because gold is the big brother of precious metals. The movements in the remaining three precious metals—silver, platinum, and palladium—mostly depend on gold’s movements. For our correlation analysis, we’ll look at First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG). Mining-based funds also have high correlations with precious metals.
Primero Mining Corp. and First Majestic Silver Corp. are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction (the...
VANCOUVER, British Columbia, Feb. 28, 2018-- FIRST MAJESTIC SILVER CORP. is pleased to announce the consolidated financial results for the Company’ s fourth quarter and year ended December 31, 2017. The ...
Mining stocks tend to take their cues from gold price movement. Mining-based funds have a high correlation with precious metals. The VanEck Vectors Gold Miners ETF (GDX) and the Sprott Gold Miners (SGDM) rose 1.1% and 0.52%, respectively, on Friday, February 23.