First Majestic Silver (AG) Shares are Down -6.22%

First Majestic Silver (AG) : During the past 4 weeks, traders have been relatively bearish on First Majestic Silver (AG), hence the stock is down -30.53% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.69% relative to the S&P 500. The 4-week change in the price of the stock is -30.62% and the stock has fallen -6.22% in the past 1 week.

The stock has recorded a 20-day Moving Average of 20.14% and the 50-Day Moving Average is 20.59%.The 200 Day SMA reached 42.46%. First Majestic Silver Corp. is up 4.3% in the last 3-month period. Year-to-Date the stock performance stands at 278.29%.


First Majestic Silver (NYSE:AG): After opening at $12.1, the stock dipped to an intraday low of $11.975 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.47 and the buying power remained strong till the end. The stock closed at $12.37 for the day, a gain of 4.92% for the day session. The total traded volume was 9,636,148. The stocks close on the previous trading day was $11.79.

First Majestic Silver Corp 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 has eight segments, including five operating segments located in Mexico, one development project in Mexico, one retail market segment in Canada and one silver trading segment in Europe. Corporate and eliminations consists primarily of the Companys other exploration properties. All of the Companys operations are within the mining industry and its products are silver dore, silver?lead and silver?zinc concentrates. Its mine and properties include La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine, La Luz Silver Project, Plomosas Silver Project and Jalisco Group of Properties. It other properties include the Penasco Quemado Silver Project, the La Frazada Silver Project and the Los Lobos Silver Project in the State of Sonora.

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