First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Senior Officer Raymond L. Polman sold 20,000 shares of First Majestic Silver stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$14.35, for a total value of C$287,000.00. Following the completion of the transaction, the insider now owns 127,200 shares in the company, valued at approximately C$1,825,320.

Raymond L. Polman also recently made the following trade(s):

  • On Thursday, July 18th, Raymond L. Polman sold 10,000 shares of First Majestic Silver stock. The shares were sold at an average price of C$12.94, for a total value of C$129,400.00.
  • On Tuesday, June 4th, Raymond L. Polman sold 15,000 shares of First Majestic Silver stock. The shares were sold at an average price of C$8.75, for a total value of C$131,250.00.

FR stock traded up C$0.35 during midday trading on Wednesday, reaching C$13.95. 803,099 shares of the stock were exchanged, compared to its average volume of 723,054. The company has a market cap of $2.83 billion and a PE ratio of -16.27. First Majestic Silver Corp. has a 52 week low of C$6.12 and a 52 week high of C$14.70. The company has a quick ratio of 2.61, a current ratio of 3.13 and a debt-to-equity ratio of 25.16. The firm has a fifty day moving average of C$11.93.

Several brokerages have recently issued reports on FR. Cormark decreased their price target on First Majestic Silver from C$11.50 to C$11.00 in a research note on Wednesday, April 17th. BMO Capital Markets lifted their price target on First Majestic Silver from C$9.25 to C$12.00 in a research note on Thursday, August 8th. TD Securities lifted their price target on First Majestic Silver from C$13.00 to C$17.50 and gave the company a “buy” rating in a research note on Thursday, August 8th. Finally, National Bank Financial lifted their price target on First Majestic Silver from C$11.00 to C$13.50 in a research note on Tuesday, July 23rd.

First Majestic Silver Company Profile

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. It owns and operates six silver producing mines, including the San Dimas Silver/Gold Mine covering an area of 71,867 hectares located in Durango; the Santa Elena Silver/Gold Mine covering an area of 101,772 hectares located in Sonora; La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila; San Martin Silver Mine covering an area of 38,512 hectares located in Jalisco, as well as 1,296 hectares of surface land; La Parrilla Silver Mine covering an area of 69,478 hectares located in Durango; and Del Toro Silver Mine covering an area of 2,159 hectares situated in Zacatecas in Mexico.

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Insider Buying and Selling by Quarter for First Majestic Silver (TSE:FR)

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