Previously taking a backseat to gold’s blistering run, the silver market has been hogging the spotlight recently. Earlier this year, the white metal was trading hands around the low-$20 range. At the moment, it’s just under $34 and threatening to swing higher. That’s excellent news for mining specialist First Majestic Silver (AG), which gained almost 21% in the trailing five sessions.
To say that AG stock is on a positive streak would be an understatement. On Thursday, First Majestic stood among the companies listed in Barchart’s Hot Prospects screener. Billed as one of the trading resource’s favorite screeners to find high-performing securities, all entities on this list must have a “Buy” Trend Seeker rating. In addition, the equity unit must wield a set of strong technical signals.
