First Majestic Silver Corp. (TSE:AG - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as C$11.94 and last traded at C$10.95, with a volume of 1972818 shares traded. The stock had previously closed at C$11.86.
Analysts Set New Price Targets
Separately, National Bank Financial raised First Majestic Silver to a "hold" rating in a research note on Thursday, June 12th.
Read Our Latest Report on First Majestic Silver
First Majestic Silver Trading Up 0.4%
The company has a market cap of C$3.91 billion, a price-to-earnings ratio of -30.00 and a beta of 1.36. The stock has a 50-day simple moving average of C$9.81 and a 200 day simple moving average of C$8.96.
First Majestic Silver Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 30th were issued a $0.0045 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date was Friday, May 16th. First Majestic Silver's payout ratio is -5.19%.
About First Majestic Silver
(
Get Free Report)
First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.
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