Analyst Price Target is $14.88
▲ +219.89% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for First Majestic Silver in the last 3 months. The average price target is $14.88, with a high forecast of $23.00 and a low forecast of $6.75. The average price target represents a 219.89% upside from the last price of $4.65.
Current Consensus is
The current consensus among 2 contributing investment analysts is to moderate buy stock in First Majestic Silver. This Moderate Buy consensus rating has held steady for over two years.
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 that consists of 119 individual concessions covering an area of 71,839 hectares located in Durango and Sinaloa States, México; the Santa Elena comprising 32 individual concessions that covers an area of 102,172 hectares located in Sonora State, México; and the La Encantada consists of 22 exploitation concessions covering an area of 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.