NEW YORK ( TheStreet) -- First Majestic Silver (NYSE: AG) hit a new 52-week low Tuesday as it is currently trading at $13.34, below its previous 52-week low of $13.35 with 657,793 shares traded as of 1:05 p.m. ET. Average volume has been 726,800 shares over the past 30 days. First Majestic has a market cap of $1.56 billion and is part of the basic materials sector and metals & mining industry. Shares are down 16.7% year to date as of the close of trading on Monday. First Majestic Silver Corp. engages in the acquisition, development, and exploration of mineral properties with a focus on silver projects in Mexico. The company has a P/E ratio of 15.2, below the average metals & mining industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.
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