First Majestic Silver Corp. (TSE:FR) Director Sells C$10,950.39 in Stock

First Majestic Silver Corp. (TSE:FR) (NYSE:AG) Director Thomas F. Jr. Fudge sold 1,229 shares of the firm’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of C$8.91, for a total transaction of C$10,950.39.

First Majestic Silver Price Performance

FR opened at C$8.99 on Friday. The company has a fifty day simple moving average of C$9.24 and a 200 day simple moving average of C$8.19. The firm has a market cap of C$2.62 billion, a price-to-earnings ratio of -40.86, a PEG ratio of 0.14 and a beta of 1.33. First Majestic Silver Corp. has a twelve month low of C$5.67 and a twelve month high of C$11.58. The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 19.13.

First Majestic Silver Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were paid a dividend of $0.005 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.02 dividend on an annualized basis and a yield of 0.22%. First Majestic Silver’s dividend payout ratio (DPR) is -13.64%.

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.