First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Senior Officer Raymond L. Polman sold 100,000 shares of the company’s stock in a transaction dated Thursday, April 15th. The stock was sold at an average price of C$21.50, for a total value of C$2,150,000.00. Following the sale, the insider now owns 14,200 shares of the company’s stock, valued at approximately C$305,300.
Raymond L. Polman also recently made the following trade(s):
- On Tuesday, April 6th, Raymond L. Polman sold 65,000 shares of First Majestic Silver stock. The stock was sold at an average price of C$21.60, for a total value of C$1,403,980.50.
Shares of TSE FR traded down C$0.39 during trading hours on Friday, hitting C$20.73. 755,966 shares of the company’s stock were exchanged, compared to its average volume of 1,407,661. First Majestic Silver Corp. has a 1-year low of C$9.62 and a 1-year high of C$30.75. The company has a debt-to-equity ratio of 20.38, a current ratio of 3.50 and a quick ratio of 3.16. The stock has a market capitalization of C$4.62 billion and a price-to-earnings ratio of 191.94. The company’s 50-day moving average price is C$20.91 and its 200-day moving average price is C$17.42.
Several analysts have recently issued reports on FR shares. National Bank Financial upped their price target on First Majestic Silver from C$18.00 to C$20.00 and gave the stock a “sector perform” rating in a research note on Sunday, January 17th. TD Securities downgraded First Majestic Silver to a “hold” rating and set a C$23.00 price target for the company. in a research note on Thursday, February 25th.
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. The company holds 100% interests in San Dimas Silver/Gold Mine comprises 119 concessions covering an area of 71,868 hectares located in Durango; the Santa Elena Silver/Gold Mine consists of 17 concessions covering an area of 57,656 hectares located in Sonora; and La Encantada Silver Mine comprises 22 concessions covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares.
Featured Story: Trade Deficit
Receive News & Ratings for First Majestic Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Majestic Silver and related companies with MarketBeat.com's FREE daily email newsletter.