First Majestic Silver Stock Bullish Momentum With A 16.61% Rise Today

(VIANEWS) – The NYSE ended the session with First Majestic Silver (AG) jumping 16.61% to $7.51 on Wednesday while NYSE jumped 0.22% to $18,146.64.

First Majestic Silver’s last close was $6.44, 20.2% below its 52-week high of $8.07.

About First Majestic Silver

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. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Earnings Per Share

As for profitability, First Majestic Silver has a trailing twelve months EPS of $-0.48.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -9.76%.

Moving Average

First Majestic Silver’s worth is way above its 50-day moving average of $4.96 and way higher than its 200-day moving average of $5.52.

More news about First Majestic Silver (AG).

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