First Majestic Silver (NYSE:AG) (TSE:FR) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday, November 10th.
Several other equities research analysts have also recently issued reports on AG. HC Wainwright reaffirmed a “buy” rating and set a $14.00 target price on shares of First Majestic Silver in a research note on Friday, August 4th. Zacks Investment Research raised shares of First Majestic Silver from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research note on Friday, October 20th. Scotiabank lowered their target price on shares of First Majestic Silver from $11.50 to $9.75 and set a “sector perform” rating on the stock in a research note on Friday, November 3rd. Finally, BidaskClub cut shares of First Majestic Silver from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. First Majestic Silver presently has a consensus rating of “Hold” and an average price target of $10.50.
First Majestic Silver (NYSE AG) traded down $0.07 during trading on Friday, reaching $6.59. 2,239,000 shares of the company were exchanged, compared to its average volume of 3,868,276. First Majestic Silver has a 1 year low of $5.92 and a 1 year high of $10.92. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.38 and a current ratio of 3.77.
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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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