First Majestic Silver (TSE:FR) Stock Passes Above 50 Day Moving Average of $8.73

First Majestic Silver Corp. (TSE:FR) (NYSE:AG) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$8.73 and traded as high as C$9.91. First Majestic Silver shares last traded at C$9.81, with a volume of 543,872 shares trading hands.

First Majestic Silver Trading Up 1.3 %

The firm has a market capitalization of C$2.86 billion, a P/E ratio of -44.59, a P/E/G ratio of 0.14 and a beta of 1.33. The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 19.13. The stock has a 50 day simple moving average of C$8.73 and a 200-day simple moving average of C$8.39.

First Majestic Silver Company Profile

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México.