Domingo, 24 Junio, 2018

Bustling Stock in Focus: First Majestic Silver Corp. (NYSE:AG)

First Majestic Silver The Bard Associates Inc. Sells 4766 Shares of First Majestic Silver Corp. (AG)
Cris De Lacerda | 26 Abril, 2017, 16:18

The lowest price the stock reached in the last trading day was $8.57 and compares with the $6.62 52-week low. First Majestic Silver Corp. has 0 buy ratings, 3 holds and 0 sells even after the stock tumbled -54.73% from its high of $19.15 to a $1.43 billion market value through last close.

First Majestic Silver Corp (NYSE:AG) last posted its earnings results on Wednesday, February 22nd. Baird Financial Group Inc. raised its position in shares of First Majestic Silver Corp by 1,120.3% in the fourth quarter. Geneva Advisors LLC boosted its position in shares of First Majestic Silver Corp.by 2.5% in the third quarter. Bard Associates Inc. owned 0.13% of First Majestic Silver Corp. worth $1,620,000 as of its most recent filing with the SEC.

A number of equities analysts have issued reports on AG shares.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -18.74%, and has a solid year to date (YTD) performance of 11.53% which means the stock is constantly adding to its value from the previous fiscal year end price.

In the previous year First Majestic Silver's stock price has increased by 0% from 0.00 to 8.62. (AG) now has a value of $8.51 while the company's 52 week low is at $6.62, the shares dropped to the 52 week low on 12/20/16. Finally, Princeton Alpha Management LP bought a new position in shares of First Majestic Silver Corp. during the third quarter worth about $143,000.

Today there are 164,967,000 shares in issue of First Majestic Silver which are now trading at 8.77 which brings the business's market capitalisation to 1.45B United States dollars.

Scotia Capital noted a target price of 13 on First Majestic Silver's shares.

Market Capitalization can be thought of as the overall price to buy the company. During the same quarter in the prior year, the business earned ($0.02) earnings per share.

In addition to Zacks Investment Research reporting its target price, a total of 4 firms have released a ratings update on AG.

TRADEMARK VIOLATION NOTICE: "First Majestic Silver Corp (AG) Stock Rating Reaffirmed by Scotiabank" was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company.

News headlines about MAG Silver Corp (NYSE:MAG) have been trending somewhat positive on Tuesday, according to Alpha One. The Company operates through the exploration of mineral properties in Mexico segment.

Several hedge funds have recently added to or reduced their stakes in the company.