First Majestic Silver Corp (NYSE:AG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded First Majestic Silver Corp (NYSE:AG) to Hold in a statement released on 10/11/2016.
Boasting a price of $7.80, First Majestic Silver Corp (NYSE:AG) traded -5.37% lower on the day. With the last stock price close down -36.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. First Majestic Silver Corp has recorded a 50-day average of $11.40 and a two hundred day average of $12.17. Volume of trade was down over the average, with 6,151,179 shares of AG changing hands under the typical 6,836,130
Recent Performance Chart
First Majestic Silver Corp has with a one year low of $2.40 and a one year high of $19.15 and has a market capitalization of $0.
A total of 4 brokerages have released a report on First Majestic Silver Corp. zero brokerages rating the company a strong buy, two brokerages rating the company a buy, three brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $7.94.
General Company Details For First Majestic Silver Corp (NYSE:AG)
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. Its segments in Mexico are Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra. Its segment in Canada is Coins and Bullion Sales, and Europe is Silver Sales. The Company owns and operates approximately six producing silver mines: the La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine and Santa Elena Silver Mine. Its major products are precious and base metals concentrates, which are refined or smelted into pure silver, gold, lead and zinc and sold to global metal brokers.
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