First Majestic Silver Corp (NYSE:AG) has been downgraded to Sell in a statement by TheStreet earlier today.
- Updated: October 1, 2016
Having a price of $10.81, First Majestic Silver Corp (NYSE:AG) traded -1.72% lower on the day. With the last stock price down -14.32% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AG has recorded a 50-day average of $12.98 and a two hundred day average of $12.02. Trade Volume was down over the average, with 4,012,356 shares of AG changing hands under the typical 6,728,840
TheStreet has downgraded First Majestic Silver Corp (NYSE:AG) to Sell in a statement released on 09/27/2016.
On 8/15/2016, Zacks Investment Research released a statement about First Majestic Silver Corp (NYSE:AG) upped the target price from $0.00 to $20.00 that suggested an upside of 0.37%.
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 total market value of $0.
A total of 4 analysts have released a report on First Majestic Silver Corp. zero analysts rating the company a strong buy, two analysts rating the company a buy, three analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $7.94.
More About 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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