The Ramos Rodrigo Cordoba Sells 16,250 Shares of First Majestic Silver Corp. (FR) Stock

The Ramos Rodrigo Cordoba Sells 16,250 Shares of First Majestic Silver Corp. (FR) Stock

First Majestic Silver Corp. (TSE:FR) (NYSE:AG) insider Ramos Rodrigo Cordoba sold 16,250 shares of the company’s stock in a transaction dated Friday, January 13th. The stock was sold at an average price of C$12.00, for a total value of C$195,000.00.

First Majestic Silver Corp. (TSE:FR) opened at 11.93 on Thursday. The stock’s market cap is $1.96 billion. First Majestic Silver Corp. has a one year low of $3.59 and a one year high of $24.96. The company has a 50-day moving average price of $11.29 and a 200-day moving average price of $14.83.

FR has been the subject of several analyst reports. Desjardins decreased their target price on First Majestic Silver Corp. to C$14.00 and set a “buy” rating for the company in a research report on Thursday, October 20th. Raymond James Financial Inc. increased their price target on First Majestic Silver Corp. from C$11.25 to C$11.50 in a report on Friday, September 23rd. TD Securities reissued a “hold” rating and issued a C$13.00 price target on shares of First Majestic Silver Corp. in a report on Thursday, November 10th. National Bank Financial raised First Majestic Silver Corp. from a “sector perform overweight” rating to an “outperform market weight” rating in a report on Wednesday, November 9th. Finally, Scotiabank reissued a “sector perform” rating and issued a C$9.75 price target on shares of First Majestic Silver Corp. in a report on Wednesday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. First Majestic Silver Corp. presently has an average rating of “Hold” and a consensus price target of C$11.63.

About First Majestic Silver Corp.

First Majestic Silver Corp. (First Majestic) is a mining company. The Company is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. The Company operates through eight segments: six segments located in Mexico, one retail market segment in Canada and one metal trading segment in Europe.

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