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Bullboard - Stock Discussion Forum First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a Canada-based mining company focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Will be a blowout quarter
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Post by Fullnelson237 on Oct 21, 2020 1:18pm

Will be a blowout quarter

Last quarter First did approx 3.5 million equivalent ounces. Quarter before they did a little over 6.1 equivalent ounces.  At 24 dollars per they will rack up 144 million in sales in one quarter.  Market will take notice.
Comment by AXPRO on Oct 21, 2020 3:47pm
Not sure where you get these numbers from, the company reported Q3 production was 5.2M ounces eq. Add the withheld ounces from Q2, which were sold for $25M, as reported by the company. Nothing currently mentioned about any ounces withheld in Q3. But still no way close to your $144M. I do expect best quarter numbers ever, just not holding my breath, as FR has a tendency to completely f.ck up a ...more  
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