First Majestic Silver Corp. (AG) To Go Ex-Dividend on November 14th

First Majestic Silver Corp. (TSE:AG) declared a quarterly dividend on Friday, November 14th, TickerTech Dividends reports. Stockholders of record on Friday, November 28th will be paid a dividend of 0.0052 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, November 14th.

First Majestic Silver Stock Up 5.7%

TSE:AG traded up C$0.95 during trading hours on Wednesday, reaching C$17.69. 1,311,408 shares of the company’s stock were exchanged, compared to its average volume of 1,656,976. First Majestic Silver has a 1-year low of C$7.40 and a 1-year high of C$22.02. The firm has a market capitalization of C$8.67 billion, a price-to-earnings ratio of 126.36 and a beta of 1.61. The company has a 50-day moving average of C$16.65 and a 200 day moving average of C$12.81.

Wall Street Analysts Forecast Growth

AG has been the topic of several analyst reports. Cormark upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research note on Thursday, November 6th. BMO Capital Markets upped their price target on First Majestic Silver from C$18.50 to C$21.00 in a report on Thursday, October 9th. National Bank Financial raised First Majestic Silver from a “hold” rating to a “strong-buy” rating in a report on Sunday, October 5th. National Bankshares raised First Majestic Silver from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$20.00 to C$22.00 in a research report on Monday, October 6th. Finally, TD Securities raised First Majestic Silver from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$14.00 to C$22.00 in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$27.80.

About First Majestic Silver

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.