First Majestic Silver Corp. (TSE:FR) (NYSE:AG) had its price target reduced by National Bank Financial from C$11.00 to C$10.50 in a research report sent to investors on Monday, November 6th. National Bank Financial currently has an outperform rating on the mining company’s stock.
Several other equities analysts have also recently weighed in on FR. TD Securities cut their price target on First Majestic Silver from C$12.00 to C$11.50 and set a hold rating for the company in a report on Friday, August 4th. BMO Capital Markets restated a market perform rating and set a C$12.00 price target on shares of First Majestic Silver in a report on Wednesday, July 12th. Finally, HC Wainwright restated a buy rating on shares of First Majestic Silver in a report on Wednesday, October 18th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of Hold and an average target price of C$11.58.
Shares of First Majestic Silver (TSE FR) traded down C$0.19 on Monday, reaching C$8.58. The company had a trading volume of 476,000 shares, compared to its average volume of 847,495. First Majestic Silver has a 52 week low of C$7.51 and a 52 week high of C$14.36.
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First Majestic Silver Company Profile
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.
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