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Bearish MACD for First Majestic Silver Corp

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First Majestic Silver Corp ’s (AG - Free Report) MACD indicator has moved into bearish territory with a reading of –0.4804. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.42% to $14.32 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past week to $1.30 per share.


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