Can First Majestic Silver Corp.’s Tomorrow Be Different? The Stock Increases Again

 Can First Majestic Silver Corp.'s Tomorrow Be Different? The Stock Increases Again

The stock of First Majestic Silver Corp. (TSE:FR) is a huge mover today! About 174,861 shares traded hands. First Majestic Silver Corp. (TSE:FR) has declined 1.51% since April 22, 2016 and is downtrending. It has underperformed by 7.52% the S&P500.
The move comes after 5 months positive chart setup for the $1.88 billion company. It was reported on Nov, 28 by Barchart.com. We have $11.96 PT which if reached, will make TSE:FR worth $112.80M more.

First Majestic Silver Corp. (TSE:FR) Ratings Coverage

Out of 5 analysts covering First Majestic Silver Corp. (TSE:FR), 0 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 0 are positive. $23 is the highest target while $4.75 is the lowest. The $9.26 average target is -17.91% below today’s ($11.28) stock price. First Majestic Silver Corp. has been the topic of 16 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The company was reinitiated on Monday, October 5 by National Bank Canada. The firm has “Market Perform” rating given on Tuesday, October 25 by Raymond James. The stock of First Majestic Silver Corp. (TSE:FR) earned “Sector Perform” rating by National Bank Canada on Friday, July 24.

Another recent and important First Majestic Silver Corp. (TSE:FR) news was published by Fool.com which published an article titled: “2 Remarkable Numbers First Majestic Silver Corp Investors Don’t Want to Miss” on November 22, 2016.

First Majestic Silver Corp. is a mining company. The company has a market cap of $1.88 billion. The Firm is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. It currently has negative earnings. The Firm operates through eight divisions: six divisions located in Mexico, one retail market segment in Canada and one metal trading segment in Europe.

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