First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Director Robert A. Mccallum sold 10,000 shares of the firm’s stock in a transaction dated Friday, April 7th. The stock was sold at an average price of C$12.00, for a total value of C$120,000.00.
Shares of First Majestic Silver Corp. (TSE:FR) traded up 1.52% during mid-day trading on Friday, hitting $12.00. The stock had a trading volume of 450,001 shares. The stock has a market cap of $1.98 billion and a P/E ratio of 240.00. The company’s 50 day moving average is $11.05 and its 200-day moving average is $11.51. First Majestic Silver Corp. has a 52-week low of $8.89 and a 52-week high of $24.96.
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Several analysts have weighed in on FR shares. Scotiabank reaffirmed a “sector perform” rating and set a C$9.75 price objective on shares of First Majestic Silver Corp. in a research report on Wednesday, January 18th. Raymond James Financial, Inc. lifted their price objective on First Majestic Silver Corp. from C$9.00 to C$11.50 in a research report on Thursday, December 22nd. Finally, TD Securities set a C$14.00 price objective on First Majestic Silver Corp. and gave the company a “hold” rating in a research report on Friday, February 24th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of C$12.70.
First Majestic Silver Corp. Company Profile
First Majestic Silver Corp. is a mining company. The Company is focused on silver production in Mexico and it is pursuing the development of its existing mineral property assets. The Company operates through eight segments, six of which are located in Mexico; one retail market segment in Canada, and one metal trading segment in Europe.
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