The Latest Breaking News from First Majestic Silver Corp

Silver mining company First Majestic Silver Corp. (AG) has reported a sequential decline in its production in the first quarter of this year. AG’s shares have slumped more than 20% in price this year, closing the last session at less than $10. Furthermore, BMO Capital analyst Ryan Thompson has lowered…

BMO Capital analyst Ryan Thompson lowered the price target on First Majestic Silver Corp (TSX:FR) NYSE: AG) to C$12 from C$13 while maintaining the Market Perform rating on the shares. First Majestic is an intermediate primary silver producer with three operating mines in Mexico. The analyst states that the consolidated Q1 gold and silver production…