First Majestic Silver Corp AG

First Majestic Silver To Raise US$100 Million Via At The Mar

[AwareInvestor]

First Majestic Silver Corp has evidently chosen one of the worst possible times in the market to attempt to raise funds. The firm this morning announced that it will be conducting an at the market equity program, following the release of its second quarter production results.

https://thedeepdive.ca/first-majestic-silver-to-raise-us100-million-via-at-the-market-financing/

[Stratocheif]

I don't think it's the worst time. In 2008 fr sp was $1.28. In 2015 it was $4.63. In 2018 it was $6.76.in 2020 it was $6.94. It's a very volatile stock. Yes I sold in 2021 @30.00 CDN (that was a short squeese only and not reflective of the company valuue) , but does anyone know in the short to medium turn if this stock will go up or maybe go back down to $2 ,or $3 a share. I would