First Majestic Silver (AG) Hit “Buy” From “Hold”.

May 16, 2018 - By Megan Stone

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

TD Securities Upped First Majestic Silver (AG)’s Rating to “Buy”.

The new “Buy” rating of AG was made public in an analyst note. TD Securities raised the rating from “Hold” on Tuesday, 15 May.

AG is reaching $7.075 during the last trading session, after increased 1.07%.First Majestic Silver Corp. has volume of 1.90M shares. Since May 16, 2017 AG has declined 23.83% and is downtrending. AG underperformed the S&P500 by 35.38%.

First Majestic Silver Corp. (NYSE:AG) is awaited to publish earnings on August, 2., Zacks reports. Last year’s EPS was $-0.02, while now analysts expect change of 150.00 % up from current $0.01 EPS. If reported the P/E will be 176.88 with $1.65 million profit. Last quarter $-0.06 EPS was reported. Analysts forecasts -116.67 % EPS growth this quarter.

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 brought out 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

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