Raymond James Financial Inc. Boosts First Majestic Silver Corp. (FR) Price Target to C$11.50

First Majestic Silver Corp. (TSE:FR) had its price target hoisted by Raymond James Financial Inc. from C$11.25 to C$11.50 in a research note published on Friday.

Shares of First Majestic Silver Corp. (TSE:FR) opened at 13.84 on Friday. First Majestic Silver Corp. has a 12-month low of $3.50 and a 12-month high of $24.96. The company’s market capitalization is $2.27 billion. The stock’s 50 day moving average is $17.77 and its 200-day moving average is $15.51.

In other First Majestic Silver Corp. news, insider Jill Anne Arias sold 6,000 shares of the stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of C$24.20, for a total value of C$145,200.00. Also, insider Reyes Ramon Mendoza sold 58,800 shares of the stock in a transaction that occurred on Wednesday, July 6th. The stock was sold at an average price of C$19.82, for a total transaction of C$1,165,416.00.

About First Majestic Silver Corp.

First Majestic Silver Corp. (First Majestic) is a mining company. The Company is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. The Company operates through eight segments: six segments located in Mexico, one retail market segment in Canada and one metal trading segment in Europe.

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