First Majestic Silver Corporation’s filing revealed that its Recent Affiliate Electrum Silver US LLC acquired Company’s shares for reported $32.18 million on Apr 11 ’25. In the deal valued at $6.29 per share,5,115,706 shares were bought.
Then, Electrum Silver US LLC bought 4,200,000 shares, generating $28,938,000 in total proceeds.
Before that, Electrum Silver US LLC bought 2,500,000 shares. First Majestic Silver Corporation shares valued at $17,650,000 were divested by the Recent Affiliate at a price of $7.06 per share.
A number of analysts have revised their coverage, including TD Securities’s analysts, who increased its forecast for the stock in early December from “a Hold” to “a Buy”. TD Securities also remained covering AG and has increased its forecast on October 20, 2020 with a “Buy” recommendation from previously “Hold” rating. TD Securities revised its rating on July 24, 2020. It rated AG as “a Hold” which previously was an “a Buy”.
Price Performance Review of AG
On Monday, First Majestic Silver Corporation [NYSE:AG] saw its stock fall -1.19% to $5.83. Over the last five days, the stock has lost -3.32%. First Majestic Silver Corporation shares have risen nearly 6.19% since the year began. Nevertheless, the stocks have fallen -18.00% over the past one year. While a 52-week high of $8.09 was reached on 03/18/25, a 52-week low of $4.43 was recorded on 03/04/25. SMA at 50 days reached $6.29, while 200 days put it at $6.06.
Levels Of Support And Resistance For AG Stock
The 24-hour chart illustrates a support level at 5.67, which if violated will result in even more drops to 5.52. On the upside, there is a resistance level at 5.95. A further resistance level may holdings at 6.07. The Relative Strength Index (RSI) on the 14-day chart is 44.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.33%. Stochastics %K at 25.54% indicates the stock is a holding.
The most recent change occurred on March 01, 2019 when B. Riley FBR began covering the stock and recommended ‘”a Neutral”‘ rating along with a $6 price target.
