Bullboard - Stock Discussion Forum 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... see more

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First Majestic Silver Corp > First Majestic Silver To Raise US$100 Million Via At The Mar

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Post by AwareInvestor on Jul 21, 2022 10:28am

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

First Majestic Silver Corp has evidently chosen one of the worst possible times in the market to attempt to raise funds. The firm this morning announced that it will be conducting an at the market equity program, following the release of its second quarter production results.

https://thedeepdive.ca/first-majestic-silver-to-raise-us100-million-via-at-the-market-financing/

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Comment by Stratocheif on Jul 22, 2022 9:02am

I 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 ...more

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First Majestic Silver Corp