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First Majestic Silver Corp. (Canada) T.FR

Alternate Symbol(s):  AG

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine and the Jerritt Canyon Gold Mine.


TSX:FR - Post by User

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  • StratocheifX
Comment by Stratocheifon Jul 22, 2022 9:02am
413 Views
Post# 34842642

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

RE:First Majestic Silver To Raise US$100 Million Via At The MarI 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 roughly guess the average price over the past 15 years has been 8 or 9 so not a sellout and massive dilution like some companies do which is outrageous. I own argonault and peninsula. If you want to see value destruction look there. Thier sp will NEVER return above $1 because they doubled and quadrupled thier shares at pennies per share
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