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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 > Thinking of buying back in
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Post by holographicbrea on Oct 23, 2023 6:08am

Thinking of buying back in

I unfortunately jumped out of this stock 5 years ago. But now we seem to be back down to the same level. Could someone fill me in what is the reason for its decline over the last years. Does 1st majestic now have less reserves? Or is it somehow less profitable?
Comment by Co2Harvest on Oct 24, 2023 8:55pm
Dilution, Jerritt Canyon and recent silver price action are - in my view - big contributors but I suggest doing your full due diligence before diving back in. I'm invested, I'm optimistic that they will turn Jerritt around (or sell it for a gain), and they are doing some very interesting and important things such as First Majestic Mint (how many other miners can day that they are vertical ...more  
Comment by holographicbrea on Oct 25, 2023 10:19am
Thank you that interesting
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