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.