First Majestic Silver Corp. (AG) Raised to "Hold" at BidaskClub

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18 July, 2017

About First Majestic Silver Corp. (NYSE:AG) (TSE:FR) was the recipient of some unusual options trading activity on Wednesday. (AG) have 165.07 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Morgan Stanley owned 0.60% of Pan American Silver Corp. worth $16,025,000 as of its most recent SEC filing. The analysts, on average, are forecasting a $20.62 price target, but the stock is already up 20.8% from its recent lows. Cambridge Investment Research Advisors Inc. acquired a new position in shares of First Majestic Silver Corp. during the first quarter valued at about $102,000. Institutional investors and hedge funds own 26.43% of the company's stock. Pan American Silver Corp. has a 52-week low of 13.80 and a 52-week high of 21.59. Sigma Planning Corp increased its stake in shares of First Majestic Silver Corp.by 47.6% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,014 shares of the basic materials company's stock valued at $167,000 after buying an additional 1,167 shares during the period. Investors who observing the volume trend of First Majestic Silver Corp. Finally, Norges Bank purchased a new stake in shares of First Majestic Silver Corp. during the fourth quarter worth approximately $7,766,000.

By having an overview of the Income statement for First Majestic Silver (NYSE:AG) the Revenue for the trailing twelve months is 280.67 Million. (NASDAQ PAAS) opened at 16.19 on Monday. The firm's 50-day moving average is $8.43 and its 200-day moving average is $8.55.

With the recent move, the stock now boasts a market cap of 9839.91and a beta of 2.27. Pan American Silver Corp. has a 12-month low of $13.80 and a 12-month high of $21.59. Traders acquired 387 call options on the company. Pan American Silver Corp. During the same period in the previous year, the company posted $0.02 earnings per share.

11/16/2016 - Pan American Silver Corp. had its "hold" rating reiterated by analysts at TD Securities.

07/05/2016 - Pan American Silver Corp. had its "buy" rating reiterated by analysts at HSBC. "(PAAS)" was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of USA & global copyright laws. The original version of this report can be viewed at https://sportsperspectives.com/2017/07/18/first-majestic-silver-corp-ag-upgraded-to-hold-at-bidaskclub-updated-updated.html.

This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. They set a "neutral" rating for the company. National Bank Financial reissued an "outperform market weight" rating on shares of First Majestic Silver Corp.in a report on Friday, May 5th. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. First Majestic Silver Corp. now has an average rating of "Hold" and an average target price of $15.40.

04/13/2017 - Credit Suisse began new coverage on Pan American Silver Corp. giving the company a "neutral" rating. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. "Pointing to a specific cause is hard - whether due to higher gasoline prices or higher taxes in Mexico - but worker dissatisfaction among union employees throughout the Mexican mining industry is at the highest levels witnessed in the Company's fifteen year history". Total production consisted of 2.3 million ounces of silver, 15,186 ounces of gold, 7.6 million pounds of lead and 0.9 million pounds of zinc.


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