First Majestic Silver Corp Drops to 430th in Trading Volume with $22.4 Million Turnover

Generated by AI AgentAinvest Volume Radar
Monday, Jul 14, 2025 6:21 pm ET1min read
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On July 14, 2025, First Majestic Silver Corp.AG-- (AG) experienced a significant decline in trading volume, with a total turnover of $22.4 million, marking a 30.1% decrease from the previous day. This placed the company at the 430th position in terms of trading volume for the day. The stock price of First Majestic SilverAG-- Corp. (AG) fell by 1.29%.

Recent bullish options activity and positive analyst moves have contributed to the rise in First Majestic Silver's share price. However, a mid-quarter earnings downgrade from one analyst has tempered some of the optimism. Wainwright increased its price target on the company's stock from $11.50 to $12.75, maintaining a Buy rating. This adjustment reflects the firm's confidence in the company's strategic adjustments and future prospects.

First Majestic Silver Corp. is a mining company focused on silver and gold production in Mexico and the United States. The company's growth strategy includes organic development through exploration discoveries and recent acquisition activity. This strategy aims to stabilize cash flows and capitalize on the potential for a new 10-year silver supercycle.

Despite the volatility in silver prices, the company's stock has underperformed. However, the recent tariff-driven rally in copper could provide a stabilizing effect on First Majestic Silver's cash flows, potentially leading to improved financial performance in the future.

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