First Majestic Silver (TSE:AG) Price Target Cut to C$7.50 by Analysts at TD Securities

First Majestic Silver (TSE:AG) had its target price decreased by TD Securities from C$8.50 to C$7.50 in a research report sent to investors on Monday morning, BayStreet.CA reports.

A number of other brokerages also recently issued reports on AG. BMO Capital Markets lowered their price objective on First Majestic Silver from C$9.00 to C$7.00 in a research report on Saturday, September 7th. Cormark raised shares of First Majestic Silver from a hold rating to a moderate buy rating in a research report on Friday, September 6th.

First Majestic Silver Trading Up 12.0 %

TSE AG opened at C$7.86 on Monday. First Majestic Silver has a twelve month low of C$6.23 and a twelve month high of C$10.72.

First Majestic Silver Company Profile

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México.