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Analysts’ Opinions Are Mixed on These Materials Stocks: Chemours Company (CC), First Majestic Silver (AG) and Fortuna Mining Corp (FSM)

Tipranks - Sat Jan 17, 7:12AM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Chemours Company (CCResearch Report), First Majestic Silver (AGResearch Report) and Fortuna Mining Corp (FSMResearch Report).

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Chemours Company (CC)

In a report released today, Pete Osterland from Truist Financial maintained a Buy rating on Chemours Company. The company’s shares closed last Thursday at $15.56, close to its 52-week low of $13.09.

According to TipRanks.com, Osterland is a 4-star analyst with an average return of 10.4% and a 70.0% success rate. Osterland covers the Basic Materials sector, focusing on stocks such as Minerals Technologies, Westlake Corporation, and Element Solutions. ;'>

Chemours Company has an analyst consensus of Moderate Buy, with a price target consensus of $15.83.

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First Majestic Silver (AG)

Scotiabank analyst Ovais Habib maintained a Hold rating on First Majestic Silver today and set a price target of $12.50. The company’s shares closed last Thursday at $20.34.

According to TipRanks.com, Habib is a 5-star analyst with an average return of 16.8% and a 54.2% success rate. Habib covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Centerra Gold, and Equinox Gold. ;'>

Currently, the analyst consensus on First Majestic Silver is a Hold with an average price target of $17.71, representing a -7.6% downside. In a report issued on January 4, TipRanks – xAI also downgraded the stock to Hold with a C$24.00 price target.

Fortuna Mining Corp (FSM)

Scotiabank analyst Eric Winmill maintained a Buy rating on Fortuna Mining Corp today and set a price target of $11.00. The company’s shares closed last Thursday at $10.27.

According to TipRanks.com, Winmill is a top 100 analyst with an average return of 54.2% and a 77.4% success rate. Winmill covers the Basic Materials sector, focusing on stocks such as Metalla Royalty & Streaming, Torex Gold Resources, and Hecla Mining Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortuna Mining Corp with a $9.59 average price target, which is a -4.8% downside from current levels. In a report released yesterday, TipRanks – OpenAI also reiterated a Buy rating on the stock with a C$16.50 price target.

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