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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 > You better believe it?
View:
Post by greenland on Jan 28, 2021 1:11pm

You better believe it?

Everybody bought today at a higher price than it is trading right now!

FR.TO 19.85 2.09 11.77% : FIRST MAJESTIC SILVER CORP. COM - Yahoo Finance
Comment by tarnoir on Jan 28, 2021 2:10pm
That could simply be attributed to short covering, no? Then longs take profit on the jump and bring it back a bit. What other reason would there be to see such a SP move given Ag really hasn't been able to get beyond $26/oz for weeks?
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