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Bullboard - Stock Discussion Forum 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... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Todays news release,
View:
Post by MrDales62 on Feb 23, 2023 6:57pm

Todays news release,

Hopefully they get this fixed, asap.

Consolidated cash costs were $14.39 per AgEq ounce and All-In Sustaining Costs ("AISC") (see "Non-GAAP Financial Measures", below) were $19.74 per AgEq ounce. Excluding Jerritt Canyon, cash costs and AISC for the three Mexican operations were $11.13 and $14.42 per AgEq ounce, respectively.

Jerritt needs to be fixed.
Comment by Co2Harvest on Feb 24, 2023 6:10pm
Does anyone know why they are paying $13+ Million in dividends this quarter when they are in a loss position? I haven't done the math but I imagine if they had kept the money they gave out in dividends in 2022, they may have had a positive EPS. Yes, hindsight is 2020 but in my view they didn't have to declare a dividend this quarter. 
Comment by zzstocks70 on Feb 25, 2023 1:17am
That makes sense.... Keith likes doing things that make absolutely no sense... like buying Jerritt Canyon from Uncle Eric. 
Comment by Crashcomingsoon on Feb 25, 2023 1:17pm
IKN | First Majestic (AG) (FR.to) and the price it has paid for Jerritt Canyon (iknnews.com) Expenses on Jerritt Canyon are huge