First Majestic Silver Corp. which can be found using ticker (AG) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 12.5 and 7.79 suggesting an average Analsyt target price of $10.17. Now with the previous closing price of $7.17 this indicates there is a potential upside of 41.8%. It’s also worth noting that there is a 50 day moving average of $6.90 and the 200 day MA is $7.83. The market capitalization for the company is $1,962m. Find out more information at: https://www.firstmajestic.com
The potential market cap would be $2,783m based on the market consensus.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine that consists of 119 individual concessions covering an area of 71,839 hectares located in Durango and Sinaloa States, México; the Santa Elena comprising 32 individual concessions that covers an area of 102,172 hectares located in Sonora State, México; and the La Encantada consists of 22 exploitation concessions covering an area of 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
The company has a dividend yield of 0.3% with the ex dividend date set at 9-3-2023 (DMY).
