First Majestic Silver (TSE:AG) Given New C$7.50 Price Target at TD Securities

First Majestic Silver (TSE:AG) had its price objective reduced by TD Securities from C$8.50 to C$7.50 in a research note released on Monday morning, BayStreet.CA reports.

Several other research firms also recently issued reports on AG. BMO Capital Markets cut their price objective on First Majestic Silver from C$9.00 to C$7.00 in a 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 7.5 %

First Majestic Silver stock opened at C$7.02 on Monday. First Majestic Silver has a fifty-two week low of C$6.23 and a fifty-two week high of C$10.72.

About First Majestic Silver

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.