First Majestic Silver Corp. (FR) Insider Buys C$38,150.00 in Stock
First Majestic Silver Corp. (TSE:FR) (NYSE:AG) insider Todd Olson Anthony acquired 5,000 shares of First Majestic Silver Corp. stock in a transaction dated Tuesday, August 8th. The stock was bought at an average price of C$7.63 per share, for a total transaction of C$38,150.00.
First Majestic Silver Corp. (TSE:FR) traded down 3.42% during trading on Tuesday, reaching $7.62. The company had a trading volume of 782,402 shares. The stock has a 50 day moving average price of $10.22 and a 200-day moving average price of $11.29. First Majestic Silver Corp. has a 52-week low of $7.51 and a 52-week high of $24.96. The company has a market capitalization of $1.26 billion and a PE ratio of 66.26.
WARNING: This piece was posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/08/08/first-majestic-silver-corp-fr-insider-buys-c38150-00-in-stock.html.
Several brokerages have recently issued reports on FR. TD Securities reduced their price objective on First Majestic Silver Corp. from C$12.00 to C$11.50 and set a “hold” rating on the stock in a research note on Friday. BMO Capital Markets reiterated a “market perform” rating and issued a C$12.00 price objective on shares of First Majestic Silver Corp. in a research note on Wednesday, July 12th. National Bank Financial reiterated an “outperform market weight” rating on shares of First Majestic Silver Corp. in a research note on Friday, May 5th. Finally, Raymond James Financial, Inc. reiterated a “market perform” rating and issued a C$10.75 price objective on shares of First Majestic Silver Corp. in a research note on Thursday, April 20th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of C$11.80.
About First Majestic Silver Corp.
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.
Receive News & Ratings for First Majestic Silver Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Majestic Silver Corp. and related companies with MarketBeat.com's FREE daily email newsletter.