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 > GATO Not Following AG As It Should?

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Comment by Co2Harveston Dec 06, 2024 7:05pm

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Post# 36350490

RE:GATO Not Following AG As It Should?

Yes and no in my view. Yes from the perspective that some investors will view the two companies that way, anticipating a completed transaction, which could help keep them moving in relative sync a lot of the time. No from the perspective that the transaction hasn't closed yet and anything could happen to make the share price for either company fairly volatile and not necessarily correlated with each other. GLTA

Highwired7 wrote: Why is GATO so weak compared to AG? GATO should be following AG much closer since it is now effectively tethered. Alternatively, SilverCrest (SILV) follows CDE tick by tick.

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