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Orko Silver Corp V.OK

Sector: Metals & Mining | Sub-Sector: Silver
Alternate Symbol(s): OKOFF


Orko Silver Corp > fwiw, Updated price targets for FR

January 10, 2013 - 04:47 PM 410 Reads
Post# 20822588
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fwiw, Updated price targets for FR

which don't include Orko

 

Raymond James Raises Price Target on First Majestic Silver (AG)

Raymond James increased their price target on shares of First Majestic Silver (NYSE: AG) from $25.50 to $26.00 in a research note issued on Thursday. The firm currently has an “outperform” rating on the stock.

A number of other analysts have also recently weighed in on AG. Analysts at Zacks downgraded shares of First Majestic Silver from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 18th. They now have a $25.50 price target on the stock. Separately, analysts at UBS AG upgraded shares of First Majestic Silver from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, November 20th. Finally, analysts at Dundee Securities raised their price target on shares of First Majestic Silver from $25.10 to $25.80 in a research note to investors on Monday, October 22nd.

First Majestic Silver traded up 1.00% on Thursday, hitting $20.25. First Majestic Silver has a 52-week low of $12.12 and a 52-week high of $24.20. The stock’s 50-day moving average is currently $21.53. The company has a market cap of $2.350 billion and a price-to-earnings ratio of 25.35.

First Majestic Silver last announced its earnings results on Wednesday, November 14th. The company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $63.60 million for the quarter, compared to the consensus estimate of $61.40 million. During the same quarter in 2012, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. On average, analysts predict that First Majestic Silver will post $1.00 earnings per share for the current fiscal year.

First Majestic Silver Corp. (First Majestic), is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico.

 

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