Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
First Majestic Silver ( (TSE:AG) ) has provided an update.
First Majestic Silver Corp. has announced a second significant discovery of gold-silver mineralization at the Santa Elena property in Sonora, Mexico, with the identification of the Santo Niño vein. This discovery, along with expanded drilling results from the Navidad discovery, highlights the growing potential of the Santa Elena district. The new findings are expected to extend the mine life and add value to First Majestic’s portfolio, reinforcing the district’s status as a prolific area for precious metal deposits.
The most recent analyst rating on (TSE:AG) stock is a Hold with a C$11.25 price target. To see the full list of analyst forecasts on First Majestic Silver stock, see the TSE:AG Stock Forecast page.
Spark’s Take on TSE:AG Stock
According to Spark, TipRanks’ AI Analyst, TSE:AG is a Neutral.
First Majestic Silver’s overall score reflects strong financial performance with revenue growth and cash flow improvements, yet challenges remain with profitability and valuation. Technical analysis indicates caution with bearish trends, while corporate events and earnings call provide a positive outlook with strategic advancements.
To see Spark’s full report on TSE:AG stock, click here.
More about First Majestic Silver
First Majestic Silver Corp. is a mining company primarily engaged in the exploration and production of silver and gold. The company operates in the mining industry with a focus on expanding its mineral resources in regions like Santa Elena in Sonora, Mexico.
Average Trading Volume: 1,310,116
Technical Sentiment Signal: Sell
Current Market Cap: C$4.14B
Find detailed analytics on AG stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue