First Majestic Silver Corp. (TSE:FR) Senior Officer Acquires C$75,750.00 in Stock

First Majestic Silver Corp. (TSE:FRGet Rating) (NYSE:AG) Senior Officer Todd Olson Anthony bought 7,500 shares of the stock in a transaction dated Thursday, September 22nd. The shares were purchased at an average cost of C$10.10 per share, for a total transaction of C$75,750.00. Following the completion of the transaction, the insider now directly owns 200,000 shares of the company’s stock, valued at C$2,020,000.

Todd Olson Anthony also recently made the following trade(s):

  • On Tuesday, September 20th, Todd Olson Anthony purchased 2,500 shares of First Majestic Silver stock. The shares were bought at an average price of C$10.02 per share, with a total value of C$25,050.00.
  • On Tuesday, August 30th, Todd Olson Anthony purchased 5,000 shares of First Majestic Silver stock. The shares were bought at an average price of C$9.56 per share, with a total value of C$47,800.00.
  • On Monday, September 5th, Todd Olson Anthony purchased 5,000 shares of First Majestic Silver stock. The shares were bought at an average price of C$9.56 per share, with a total value of C$47,800.00.
  • On Thursday, August 25th, Todd Olson Anthony purchased 5,000 shares of First Majestic Silver stock. The shares were bought at an average price of C$10.40 per share, with a total value of C$52,000.00.
  • On Thursday, July 28th, Todd Olson Anthony purchased 5,000 shares of First Majestic Silver stock. The shares were bought at an average price of C$9.60 per share, with a total value of C$48,000.00.
  • On Monday, July 25th, Todd Olson Anthony acquired 7,500 shares of First Majestic Silver stock. The stock was acquired at an average price of C$8.25 per share, with a total value of C$61,875.00.
  • On Thursday, July 21st, Todd Olson Anthony acquired 5,000 shares of First Majestic Silver stock. The stock was acquired at an average price of C$8.75 per share, with a total value of C$43,750.00.

First Majestic Silver Stock Performance

TSE:FR opened at C$9.88 on Friday. The business’s 50-day moving average price is C$9.87 and its two-hundred day moving average price is C$11.94. First Majestic Silver Corp. has a twelve month low of C$8.12 and a twelve month high of C$18.41. The stock has a market cap of C$2.60 billion and a P/E ratio of 3,293.33. The company has a quick ratio of 1.25, a current ratio of 2.47 and a debt-to-equity ratio of 16.56.

First Majestic Silver (TSE:FRGet Rating) (NYSE:AG) last released its quarterly earnings results on Thursday, August 4th. The mining company reported C$0.03 earnings per share for the quarter, missing the consensus estimate of C$0.07 by C($0.04). The business had revenue of C$203.51 million during the quarter. As a group, equities analysts predict that First Majestic Silver Corp. will post 0.42 EPS for the current fiscal year.

First Majestic Silver Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Tuesday, August 16th were given a dividend of $0.008 per share. The ex-dividend date was Monday, August 15th. This represents a $0.03 annualized dividend and a dividend yield of 0.32%. First Majestic Silver’s dividend payout ratio (DPR) is presently 826.67%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. BMO Capital Markets increased their price target on First Majestic Silver from C$9.50 to C$10.25 in a research note on Friday, August 5th. Cormark increased their price target on First Majestic Silver from C$12.50 to C$14.25 in a research note on Friday, August 5th. Finally, National Bankshares dropped their price objective on First Majestic Silver from C$18.00 to C$11.75 and set a “sector perform” rating on the stock in a report on Thursday, July 21st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of C$13.55.

First Majestic Silver Company Profile

(Get Rating)

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. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares.

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

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