Connie Lillico Sells 4,999 Shares of First Majestic Silver Corp. (TSE:FR) Stock

First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Senior Officer Connie Lillico sold 4,999 shares of the business’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of C$11.25, for a total value of C$56,238.75. Following the transaction, the insider now directly owns 111,500 shares of the company’s stock, valued at approximately C$1,254,375.

Connie Lillico also recently made the following trade(s):

  • On Monday, June 24th, Connie Lillico sold 25,000 shares of First Majestic Silver stock. The stock was sold at an average price of C$10.15, for a total value of C$253,750.00.

Shares of TSE FR opened at C$12.16 on Thursday. First Majestic Silver Corp. has a 12 month low of C$6.12 and a 12 month high of C$12.22. The company has a quick ratio of 2.70, a current ratio of 3.25 and a debt-to-equity ratio of 25.16. The stock has a market capitalization of $2.04 billion and a price-to-earnings ratio of -11.81. The stock’s 50-day simple moving average is C$9.53.

First Majestic Silver (TSE:FR) (NYSE:AG) last released its earnings results on Thursday, May 9th. The mining company reported C($0.01) earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.01 by C($0.02). The company had revenue of C$115.42 million during the quarter, compared to the consensus estimate of C$138.14 million. As a group, analysts anticipate that First Majestic Silver Corp. will post 0.04 EPS for the current year.

Several brokerages have recently commented on FR. National Bank Financial lowered Detour Gold to a “hold” rating in a report on Friday, June 28th. Cormark boosted their price objective on OrganiGram from C$8.50 to C$10.50 and gave the stock a “speculative buy” rating in a report on Wednesday, April 17th. Finally, BMO Capital Markets reissued a “hold” rating on shares of First Majestic Silver in a report on Tuesday, April 2nd. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$9.75.

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 San Dimas Silver/Gold Mine covering an area of 71,867 hectares located in Durango; the Santa Elena Silver/Gold Mine covering an area of 101,772 hectares located in Sonora; La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila; San Martin Silver Mine covering an area of 38,512 hectares located in Jalisco, as well as 1,296 hectares of surface land; La Parrilla Silver Mine covering an area of 69,478 hectares located in Durango; and Del Toro Silver Mine covering an area of 2,159 hectares situated in Zacatecas in Mexico.

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

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