Stocks to Watch: First Majestic Silver Corp. (TSX:FR) Up +8.32%

At close of market on Monday, First Majestic Silver Corp. (TSX:FR) stock finished trading at +8.32%, bringing the stock price to $10.54 on the Toronto Stock Exchange. The stock price saw a low of $9.93 and a high of $10.58.

The company’s stock was traded 4,089 times with a total of 1,098,118 shares traded.

First Majestic Silver Corp. has a market cap of $2.11 billion, with 202.05 million shares in issue.

First Majestic Silver Corp is a mining company focused on silver production. The company owns and operates six producing silver mines which are San Dimas Silver/Gold Mine, Santa Elena Silver / Gold Mine, La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine. Business activity of the group is functioned through eight segments of which six segments located in Mexico, one Retail market segment in Canada and one Metal trading segment in Europe. Its segments in Mexico are Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra and segment in Canada is Coins and Bullion Sales, and Europe is Silver Sales. The company derives most of the revenue from the sale of coins, ingots, bullion and precious metals.

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