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First Majestic Silver Corp (NYSE:AG)‘s stock had its “buy” rating reaffirmed by Dundee Securities in a research note issued on Monday.

First Majestic Silver Corp (NYSE:AG) traded down 1.69% during mid-day trading on Monday, hitting $10.46. The stock had a trading volume of 519,968 shares. First Majestic Silver Corp has a 52-week low of $8.19 and a 52-week high of $16.46. The stock’s 50-day moving average is $10.42 and its 200-day moving average is $10.21. The company’s market cap is $1.229 billion.

A number of other analysts have also recently weighed in on AG. Analysts at TD Securities raised their price target on shares of First Majestic Silver Corp from C$13.00 to C$13.50 in a research note on Thursday, July 10th. They now have a “hold” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $13.48.

First Majestic Silver Corp. (NYSE:AG) is engaged in acquiring, exploring and developing silver properties and producing silver in Mexico.

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