First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.

TSX:AG - Post by User

First Majestic Silver Corp > short covering

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Comment by HavingFunon Jan 25, 2021 12:29pm

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Post# 32376134

RE:RE:RE:short covering

Agree - this doesnt feel like short covering. Also, it's options expriy week. if we follow pattern then Gold and silver should get smashed this week. if for some reason that doesnt happen, then i could understand this price move, but seems a little early in the week unless some news is pending??

curious to see how the day ends....at this time much of the gain has been given up

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