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First Majestic (AG) in Focus: Stock Moves 6.8% Higher

Zacks Equity Research

First Majestic Silver Corp. AG was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20.2% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

First Majestic currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

First Majestic Silver Corp. Price

First Majestic Silver Corp. Price | First Majestic Silver Corp. Quote

Investors interested in the Mining – Silver industry may consider MAG Silver Corp. MAG, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is AG going up? Or down? Predict to see what others think: Up or Down

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