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First Majestic Silver Corp (NYSE:AG) has been downgraded to Sell in a statement by BidaskClub earlier today.

BidaskClub has downgraded First Majestic Silver Corp (NYSE:AG) to Sell in a statement released on Tuesday June 20, 2017.

Having a price of $7.76, First Majestic Silver Corp (NYSE:AG) traded -1.54% lower on the day. With the last stock price down -11.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. AG has recorded a 50-day average of $6.90 and a two hundred day average of $7.88. Trade Volume was up over the average, with 4,216,520 shares of AG changing hands over the typical 3,960,310

Recent Performance Chart

First Majestic Silver Corp (NYSE:AG)

First Majestic Silver Corp has P/E ratio of 89.87 with a 52 week low of $5.92 and a 52 week high of $13.11 and has a market cap of $0.

In addition to BidaskClub reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $7.94 with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 3 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About First Majestic Silver Corp (NYSE:AG)

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. 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 the segment in 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. The Company's subsidiaries include First Majestic Plata, S.A. de C.V., Minera El Pilon, S.A. de C.V., Minera La Encantada, S.A. de C.V., Majestic Services, S.A. de C.V., Santa Elena Oro y Plata, S.A. de C.V. and FMS Trading AG.

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