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Enter Symbol:
First Majestic Silver Corp-Ord Shs (AG) [hlAlert]

Mkt Outperform
down 81.10 %

FIRST MAJESTIC SILVE (AG) rated Mkt Outperform with price target $20 by Rodman & Renshaw

Posted on: Tuesday,  Mar 1, 2011  5:25 PM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Outperform First Majestic Silver Corp-Ord Shs (NYSE: AG) on 03/01/2011, when the stock price was
$16.46. Since then, First Majestic Silver Corp-Ord Shs has lost 81.11% as of 01/21/2016's recent price of $3.11.
If you would have followed this Rodman & Renshaw's recommendation on AG, you would have lost 81.1% of your investment in 1787 days.

First Majestic Silver Corp. (First Majestic) is engaged in the business of production, development, exploration and acquisition of mineral properties focusing on silver in Mexico. As of December 31, 2010, the Company owned three producing properties in Mexico: the La Encantada Silver Mine in Coahuila State, the La Parrilla Silver Mine in Durango State, and the San Martin Silver Mine in Jalisco State. The Company also owns two advanced-stage development silver projects, the Del Toro Silver Mine and the Real de Catorce Silver Project in San Luis Potosi State, and has an interest in certain exploration properties in Jalisco State, Mexico.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2011 5:25 PM Buy
16.46 20.00
as of 12/30/2011
1 Week down  -8.87 %
1 Month down  -8.87 %
3 Months down  -8.87 %
1 YTD up  1.03 %

(*) Stock Price at the time of the recommendation.
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