First Majestic Silver Corp.
AG
was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $11.81 – $14.26 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen no estimate revision in the past month, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
First Majestic currently has a Zacks Rank #3 (Hold) while its
Earnings ESP
is 0.00%.
A better-ranked stock in the Basic Materials sector is
BHP Group
BHP
, which currently carries a Zacks Rank #1 (Strong Buy). You can see
the complete list of today’s Zacks #1 Rank stocks here
.
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