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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

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

Comment by Stratocheifon Jul 22, 2022 9:02am
520 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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