First Majestic Silver (AG) : During the past 4 weeks, traders have been relatively bearish on First Majestic Silver (AG), hence the stock is down -23.77% 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 -12.19% relative to the S&P 500. The 4-week change in the price of the stock is -23.93% and the stock has fallen -12.77% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 21.69% and the fifty day Moving Average is 15.28%. First Majestic Silver Corp. is up 27.44% in the last three month period. Year-to-Date the stock performance stands at 303.36%.
First Majestic Silver (AG) : The most positive equity analysts on First Majestic Silver (AG) expects the shares to touch $22, whereas, the least positive believes that the stock will trade at $9 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $16.7 with an expected fluctuation of $5.13 from the mean.
First Majestic Silver (NYSE:AG): On Fridays trading session , Opening price of the stock was $13.87 with an intraday high of $14.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.9. However, the stock managed to close at $13.19, a loss of 2.22% for the day. On the previous day, the stock had closed at $13.49. The total traded volume of the day was 11,479,307 shares.
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.