First Majestic Silver (AG) Hit Buy From Hold.

May 16, 2018 - By Benjamin Allen

First Majestic Silver Corp. (NYSE:AG) Corporate Logo

TD Securities Increased First Majestic Silver (AG)’s Stock Rating to Buy.

It was published on Tuesday, 15 May that TD Securities upped First Majestic Silver (AG)‘s rating to Buy. AG’s old rating was Hold.

The stock increased 1.07% or $0.075 during the last trading session, touching $7.075.Currently First Majestic Silver Corp. is downtrending after 23.83% change in last May 16, 2017. AG has 1.90M shares volume. AG underperformed the S&P 500 by 35.38%.

Earnings report for First Majestic Silver Corp. (NYSE:AG) is awaited on August, 2., RTT reports. Analysts forecast $0.01 EPS. That’s $0.03 up or 150.00 % from 2017’s earnings of $-0.02. If reported the P/E will be 176.88 with $1.65M profit. After $-0.06 EPS report previous quarter, Wall Street now predicts -116.67 % EPS growth of First Majestic Silver Corp..

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico.The firm is worth $1.17 billion. It owns and operates six silver producing mines, including the Santa Elena Silver/Gold Mine covering an area of 101,837 hectares located in Sonora; La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila; La Parrilla Silver Mine covering an area of 69,478 hectares located in Durango; Del Toro Silver Mine covering an area of 2,159 hectares situated in Zacatecas; San Martin Silver Mine covering an area of 38,512 hectares located in Jalisco; and La Guitarra Silver Mine that consists of 39,714 hectares situated in México State.Last it reported negative earnings. The firm was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006.

There’s an important First Majestic Silver Corp. (NYSE:AG) news posted by Seekingalpha.com. It’s an item titled: “Wheaton Precious Metals reports mixed Q1; silver output up, gold down” on May 11, 2018.

First Majestic Silver Corp. (NYSE:AG) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.