First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Director Robert A. Mccallum sold 6,200 shares of the stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of C$11.07, for a total value of C$68,634.00. Following the completion of the sale, the director now owns 26,616 shares of the company’s stock, valued at approximately C$294,639.12.
Shares of First Majestic Silver stock opened at C$12.92 on Friday. The stock has a market capitalization of $2.04 billion and a price-to-earnings ratio of -12.54. The firm’s 50-day moving average price is C$9.63. The company has a current ratio of 3.25, a quick ratio of 2.70 and a debt-to-equity ratio of 25.16. First Majestic Silver Corp. has a twelve month low of C$6.12 and a twelve month high of C$13.02.
First Majestic Silver (TSE:FR) (NYSE:AG) last issued its quarterly earnings data 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 firm had revenue of C$115.42 million during the quarter, compared to analysts’ expectations of C$138.14 million. Sell-side analysts forecast that First Majestic Silver Corp. will post 0.04 earnings per share for the current fiscal year.
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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