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.

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First Majestic Silver Corp

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Post by beelzeebuub1on Aug 01, 2024 2:17pm

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Post# 36158712

via SEDAR.. net loss..

"

Net loss: Net loss for the quarter was $48.3 million (EPS of ($0.17)) compared to a net loss of $17.5 million (EPS of ($0.06)) in the second quarter of 2023. The increase in net loss was primarily attributed to a $22.6 million non-cash deferred income tax expense in the quarter as compared to a $10.3 million deferred income tax recovery in the second quarter of 2023, and a non-cash foreign exchange loss of $11.1 million in the quarter compared to a gain of $6.0 million in the second quarter of 2023. This was partially offset by higher mine operating earnings of $14.3 million as compared to the second quarter of 2023. "