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First Majestic: 2Q Earnings Snapshot

August 7, 2019

VANCOUVER, British Columbia (AP) _ First Majestic Silver Corp. (AG) on Wednesday reported a loss of $12 million in its second quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring costs, came to 2 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The silver miner posted revenue of $83.7 million in the period.

First Majestic shares have increased 81% since the beginning of the year. The stock has climbed 61% in the last 12 months.


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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