First Majestic Silver Corp. (FR) Director Sells C$43,200.00 in Stock
First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Director Robert A. Mccallum sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of C$8.64, for a total transaction of C$43,200.00.
First Majestic Silver Corp. (TSE:FR) traded up C$0.07 during mid-day trading on Wednesday, reaching C$8.60. 337,788 shares of the company’s stock were exchanged, compared to its average volume of 853,174. First Majestic Silver Corp. has a 12 month low of C$7.51 and a 12 month high of C$14.36.
A number of research firms have weighed in on FR. National Bank Financial cut their price objective on shares of First Majestic Silver Corp. from C$12.00 to C$11.00 and set an “outperform” rating on the stock in a report on Tuesday, August 8th. TD Securities cut their price objective on shares of First Majestic Silver Corp. from C$12.00 to C$11.50 and set a “hold” rating on the stock in a report on Friday, August 4th. Finally, HC Wainwright reissued a “buy” rating on shares of First Majestic Silver Corp. in a report on Wednesday, October 18th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of C$11.58.
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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