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AG / First Majestic Silver: A Disappointing Q3

First Majestic Silver: A Disappointing Q3
First Majestic Silver saw a significant decline in Q3 production year-over-year, with SEO production down 28% year-over-year. And while it is on track to meet its annual guidance, it's tough to be optimistic about any meaningful free cash flow generation in Q4 with silver stuck under $23.00/oz. In this update, we'll look at the Q3 production results, whether the stock is offering a margin of safety after its ~70% share price decline, and any recent developments. Read More
Posted: Oct 13 2023, 04:56
Author Name: Seeking Alpha
Views: 112553

AG News  

First Majestic's net loss widens in third quarter on restructuring, mine holding costs

By Kitco
November 2, 2023

First Majestic's net loss widens in third quarter on restructuring, mine holding costs

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced today that in Q3 2023, the company produced 6.3 million silver equivalent ounces, more_horizontal

First Majestic (AG) Q3 Silver Equivalent Production Falls Y/Y

By Zacks Investment Research
October 13, 2023

First Majestic (AG) Q3 Silver Equivalent Production Falls Y/Y

First Majestic's (AG) third-quarter 2023 total production decreases on a y/y basis. The company however maintains its guidance for 2023. more_horizontal

First Majestic Silver: A Disappointing Q3

By Seeking Alpha
October 13, 2023

First Majestic Silver: A Disappointing Q3

First Majestic Silver saw a significant decline in Q3 production year-over-year, with SEO production down 28% year-over-year. And while it is on track more_horizontal

First Majestic reports lower silver equivalent production in Q3, reiterates 2023 guidance

By Kitco
October 12, 2023

First Majestic reports lower silver equivalent production in Q3, reiterates 2023 guidance

(Kitco News) - First Majestic Silver (TSX: FR) (NYSE: AG) announced today that in Q3 2023, the company produced 6.3 million silver equivalent ounces ( more_horizontal

First Majestic: Good Assets And Share Dilution At A High Price

By Seeking Alpha
September 20, 2023

First Majestic: Good Assets And Share Dilution At A High Price

First Majestic is a major silver miner with three operating mines in Mexico and one in care and maintenance in Nevada. The company's balance sheet is more_horizontal

A Gold Stock Trading Below Book Value

By GuruFocus
September 20, 2023

A Gold Stock Trading Below Book Value

SSR Mining Inc. ( SSRM , Financial) seems to offer an unusual opportunity for value investors: it is trading at a 15% discount to its book value despi more_horizontal

First Majestic opens silver minting facility in Nevada, citing 'incredible' demand

By Kitco
September 14, 2023

First Majestic opens silver minting facility in Nevada, citing 'incredible' demand

(Kitco News) - Silver and gold producer First Majestic Silver (TSX: FR) (NYSE: AG) today announced the launch of its 100%-owned and operated minting f more_horizontal

First Majestic (AG) Closes Sale of La Parrilla Silver Mine

By Zacks Investment Research
August 16, 2023

First Majestic (AG) Closes Sale of La Parrilla Silver Mine

First Majestic (AG) closes the previously announced sale of its La Parrilla Silver Mine and acquires Subscription Receipts from Golden Tag. more_horizontal


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