First Majestic Silver Corp. (TSE:FR) (NYSE:AG) insider Salvador Garcia sold 22,900 shares of the business’s stock in a transaction on Friday, March 31st. The stock was sold at an average price of C$10.58, for a total value of C$242,282.00.
Shares of First Majestic Silver Corp. (TSE:FR) traded up 2.57% on Friday, reaching $10.79. The company had a trading volume of 886,591 shares. First Majestic Silver Corp. has a 12 month low of $7.92 and a 12 month high of $24.96. The firm has a market capitalization of $1.78 billion and a PE ratio of 215.80. The firm’s 50 day moving average is $11.46 and its 200 day moving average is $11.85.
Several research analysts have recently commented on FR shares. Desjardins boosted their price target on First Majestic Silver Corp. from C$14.00 to C$15.00 in a research report on Wednesday, December 21st. Raymond James Financial, Inc. boosted their target price on First Majestic Silver Corp. from C$9.00 to C$11.50 in a research note on Thursday, December 22nd. Scotiabank restated a “sector perform” rating and set a C$9.75 target price on shares of First Majestic Silver Corp. in a research note on Wednesday, January 18th. Finally, TD Securities restated a “sector perform” rating and set a C$9.75 target price on shares of First Majestic Silver Corp. in a research note on Thursday, February 23rd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. First Majestic Silver Corp. presently has a consensus rating of “Hold” and a consensus price target of C$12.85.
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.