UPDATE: First Majestic Beats on Q1 EPS But Revenues Fall Short of Estimates; Stock Touches 52-Week Lows

By
A A A

First Majestic Silver Corp. (FR.TO) reported first quarter 2013 adjusted earnings per share of $0.21, compared to consensus estimate of $0.19. Revenues for the quarter totaled $67.1 million versus consensus estimate of $89.9 million.

The company said global silver production guidance remains on track to achieve 11.1 million to 11.7 million silver ounces or 12.3 to 13 million ounces of silver equivalent in 2013.

FR was down 2% to $11.19, with volumes of over 79,000. It has touched 52-week low $11.06 today.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks:

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Your Car Is Spying on You
Your Car Is Spying on You           

Stocks

Referenced

Most Active by Volume

73,078,214
  • $30.33 ▼ 3.90%
57,046,796
  • $15.52 ▲ 0.45%
51,290,831
  • $100.57 ▲ 0.04%
39,855,468
  • $8.13 ▲ 1.37%
31,693,544
  • $5.50 ▲ 20.35%
31,532,510
  • $10.33 ▲ 0.78%
31,526,753
  • $39.10 ▲ 47.21%
28,366,542
  • $26.36 ▲ 1.19%
As of 8/20/2014, 04:04 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com