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First Majestic Silver Breaks Above 200-Day Moving Average - Bullish for AG

By: BNK Invest
Posted: 6/19/2014 4:17:00 PM
Referenced Stocks: AG;SIL

In trading on Thursday, shares of First Majestic Silver Corp (Symbol: AG) crossed above their 200 day moving average of $10.54, changing hands as high as $10.58 per share. First Majestic Silver Corp shares are currently trading up about 5.8% on the day. The chart below shows the one year performance of AG shares, versus its 200 day moving average: First Majestic Silver Corp 200 Day Moving Average Chart

Looking at the chart above, AG's low point in its 52 week range is $8.19 per share, with $16.46 as the 52 week high point - that compares with a last trade of $10.52.

According to the ETF Finder at ETF Channel, AG makes up 4.43% of the Silver Miners ETF (Symbol: SIL) which is trading up by about 6.1% on the day Thursday.

Click here to find out which 9 other metals stocks recently crossed above their 200 day moving average ยป