First Majestic Silver Corp. (T:FR)
Business Focus: Silver Mining
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for FR within the last 6 months
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Company News
Apr 16, 2024 07:00 ET
First Majestic Produces 5.2 Million AgEq Oz in Q1 2024
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the first quarter of 2024 from the Company's three producing mines in Mexico, the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine, reached 5.2 million silver equivalent ("AgEq") ounces, consisting of 2.0 million silver ounces and 35,936 gold ounces. The Company's financial results for the first quarter of 2024 are scheduled to be released on Wednesday, May 8, 2024.
Apr 01, 2024 16:30 ET
First Majestic Announces 2023 Mineral Reserve and Mineral Resource Estimates
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the 2023 Mineral Reserve and Mineral Resource estimates for its four material mineral properties with an effective date of December 31, 2023. Three material properties are currently in production: the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine. The fourth material property, the Jerritt Canyon Gold Mine, is currently in temporary suspension in respect of mining activities, with the Company currently focused on exploration, definition, and expansion of the mineral resources, and the optimization of mine planning and plant operations.
Valuation Ratios
Industry
Sector
Beta
1.34
--
--
Price to Sales - TTM
3.40
8.39
4.47
Price to Book - most recent quarter
1.44
2.01
2.00
Price to Cash Flow per share - TTM
--
14.11
9.39
Price to Free Cash Flow per share - TTM
--
29.73
20.54
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 6,113,239 | 1,396,900 |
| Mar 31, 2024 | 4,716,339 | -19,463 |
| Mar 15, 2024 | 4,735,802 | -418,478 |
Business Summary
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
First Majestic Silver Corp. is a Canada-based mining company focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada. The San Dimas Silver/Gold Mine is located approximately 130 kilometers (km) northwest of Durango, Durango State, Mexico and consists of 71,868 hectares (ha) of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located 150 km northeast of the city of Hermosillo, Sonora, Mexico and controls mining concessions totaling 102,244 ha. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. La Encantada has 4,076 ha of mineral concessions and surface land ownership of 1,343 ha.
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