First Majestic Silver Corp. (FR) Forecasted to Post Q3 2016 Earnings of $0.09 Per Share
First Majestic Silver Corp. (TSE:FR) – Investment analysts at National Bank Financial issued their Q3 2016 earnings estimates for First Majestic Silver Corp. in a research note issued on Wednesday. National Bank Financial analyst G. Doyle anticipates that the brokerage will post earnings per share of $0.09 for the quarter.
Separately, Raymond James Financial Inc. boosted their price objective on First Majestic Silver Corp. from C$11.25 to C$11.50 in a report on Friday, September 23rd. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of C$7.95.
Shares of First Majestic Silver Corp. (TSE:FR) opened at 10.33 on Monday. The firm has a 50-day moving average price of $14.42 and a 200-day moving average price of $15.70. The stock’s market capitalization is $1.69 billion. First Majestic Silver Corp. has a 1-year low of $3.50 and a 1-year high of $24.96.
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In related news, insider Jill Anne Arias sold 6,000 shares of the business’s stock in a transaction on Monday, August 8th. The stock was sold at an average price of C$24.20, for a total transaction of C$145,200.00.
First Majestic Silver Corp. Company Profile
First Majestic Silver Corp. (First Majestic) is a mining company. The Company 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 operates through eight segments: six segments located in Mexico, one retail market segment in Canada and one metal trading segment in Europe.
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