First Majestic Silver (AG) : The short interest in First Majestic Silver (AG) has changed with an increase of 390,936 shares and the open interest is 4.5%. From 8,680,656 short positions on Jul 29, 2016, the shorts increased to 9,071,592 shares by August 15, 2016. There are 2 more days left for the expiry and the daily trading volume of the stock is 5,206,792 shares. The total interest of shorts is 5.8% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
First Majestic Silver (NYSE:AG): The stock opened at $14.12 on Wednesday but the bulls could not build on the opening and the stock topped out at $14.12 for the day. The stock traded down to $12.85 during the day, due to lack of any buying support eventually closed down at $13.12 with a loss of -8.64% for the day. The stock had closed at $14.36 on the previous day. The total traded volume was 9,009,422 shares.
First Majestic Silver Corp is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. The Company has eight segments, including five operating segments located in Mexico, one development project in Mexico, one retail market segment in Canada and one silver trading segment in Europe. Corporate and eliminations consists primarily of the Companys other exploration properties. All of the Companys operations are within the mining industry and its products are silver dore, silver?lead and silver?zinc concentrates. Its mine and properties include La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine, La Luz Silver Project, Plomosas Silver Project and Jalisco Group of Properties. It other properties include the Penasco Quemado Silver Project, the La Frazada Silver Project and the Los Lobos Silver Project in the State of Sonora.