Adam Mceniry Sells 4,300 Shares of First Majestic Silver (FR) Stock

First Majestic Silver (TSE:FR) (NYSE:AG) insider Adam Mceniry sold 4,300 shares of the stock in a transaction dated Monday, June 25th. The shares were sold at an average price of C$10.17, for a total value of C$43,731.00.

FR stock opened at C$9.93 on Tuesday. First Majestic Silver has a 1 year low of C$6.24 and a 1 year high of C$11.24.

First Majestic Silver (TSE:FR) (NYSE:AG) last posted its earnings results on Wednesday, May 9th. The mining company reported C($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.05). First Majestic Silver had a negative net margin of 91.69% and a negative return on equity of 36.93%. The company had revenue of C$74.07 million during the quarter, compared to analyst estimates of C$81.65 million.

FR has been the subject of a number of recent research reports. Roth Capital reiterated a “buy” rating on shares of First Majestic Silver in a research note on Wednesday, April 25th. TD Securities upgraded First Majestic Silver from a “hold” rating to a “buy” rating and increased their target price for the company from C$11.00 to C$14.00 in a research note on Tuesday, May 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. First Majestic Silver has an average rating of “Hold” and a consensus target price of C$10.50.

About First Majestic Silver

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. 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.

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

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