First Majestic Silver Corp. (FR) Director Robert A. Mccallum Sells 7,000 Shares
First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Director Robert A. Mccallum sold 7,000 shares of First Majestic Silver Corp. stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of C$12.15, for a total transaction of C$85,050.00.
Shares of First Majestic Silver Corp. (TSE:FR) traded up 0.26% during midday trading on Friday, hitting $11.71. 630,701 shares of the company’s stock were exchanged. The firm has a market cap of $1.93 billion and a price-to-earnings ratio of 101.83. The company has a 50-day moving average of $11.50 and a 200-day moving average of $11.57. First Majestic Silver Corp. has a 52 week low of $8.89 and a 52 week high of $24.96.
A number of equities analysts recently commented on FR shares. Scotiabank set a C$9.75 price objective on shares of First Majestic Silver Corp. and gave the stock a “sector perform” rating in a research note on Friday, February 24th. TD Securities set a C$14.00 price objective on shares of First Majestic Silver Corp. and gave the stock a “hold” rating in a research note on Friday, February 24th. Raymond James Financial, Inc. reaffirmed a “market perform” rating and issued a C$10.75 price objective on shares of First Majestic Silver Corp. in a research note on Thursday, April 20th. Finally, National Bank Financial reaffirmed an “outperform market weight” rating on shares of First Majestic Silver Corp. in a research note on Friday, May 5th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of C$12.70.
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.
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