First Majestic Silver (AG)

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First Majestic produces 5.5 million silver equivalent ounces in Q3 2024
KITCO· 2024-10-17 18:17
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc ...
First Majestic Produces 5.5 Million AgEq Oz in Q3 2024 Consisting of 2.0 Million Silver Ounces and 41,761 Gold Ounces
Newsfile· 2024-10-17 11:00
. . . First Majestic Produces 5.5 Million AgEq Oz in Q3 2024 Consisting of 2.0 Million Silver Ounces and 41,761 Gold Ounces October 17, 2024 7:00 AM EDT | Source: First Majestic Silver Corp. Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the third quarter of 2024 from the Company's three producing underground mines in Mexico, the Santa Elena Silver/Gold Mine, ...
5 Silver Mining Stocks to Watch in a Promising Industry
ZACKS· 2024-09-12 18:10
The prospects for the Zacks Mining - Silver industry look promising on the back of rising silver prices. Global industrial demand for silver is expected to reach record levels in 2024, driven by photovoltaics. Meanwhile, supply is expected to dip 1%. This suggests a fourth consecutive year of deficit for the silver market, which is likely to bolster prices. We suggest keeping tabs on companies like Fresnillo (FNLPF) , Hecla Mining (HL) , First Majestic Silver (AG) , MAG Silver (MAG) and Vizsla Silver (VZLA) ...
‘It was a very competitive process' - First Majestic Silver's Keith Neumeyer on $970 million Gatos Silver acquisition
KITCO· 2024-09-10 21:09
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc ...
Markets wait for a rate cut, and First Majestic Silver announces $970 million acquisition
KITCO· 2024-09-07 04:31
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc ...
First Majestic to Acquire Gatos Silver to Boost Production Profile
ZACKS· 2024-09-05 18:11
First Majestic Silver Corp. (AG) announced that it has entered into an agreement to acquire Gatos Silver, Inc. With this deal, AG will gain 70% interest in the high-quality and long-life Cerro Los Gatos underground mine. The deal implies a total equity value for Gatos at around $970 million.The Gatos Silver deal will solidify First Majestic’s position as an intermediate primary silver producer. The combined entity, with a pro forma market capitalization of around $3 billion, will have an enhanced production ...
First Majestic Silver to acquire Gatos Silver in $970 million deal
KITCO· 2024-09-05 16:12
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc ...
First Majestic Announces Agreement to Acquire Gatos Silver
Newsfile· 2024-09-05 11:00
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) ("First Majestic") and Gatos Silver, Inc. (NYSE: GATO) (TSX: GATO) ("Gatos") are pleased to announce they have entered into a definitive merger agreement (the "Definitive Agreement") pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the "Transaction"). Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joi ...
First Majestic Silver: Continued Share Dilution Despite Record Gold Prices
Seeking Alpha· 2024-08-22 16:13
DarioGaona We're nearing the end of the Q2 earnings season for the precious metals sector and one of the more recent companies to report its results was First Majestic Silver (NYSE:AG). However, unlike most producers that saw free cash flow swing back to positive territory and enjoyed significantly higher revenue, First Majestic was an anomaly. Not only did revenue actually slide year-over-year due to having to lap production at Jerritt Canyon which has since gone into care and maintenance, but free cas ...
First Majestic Silver drops on high inventory levels, production woes
KITCO· 2024-08-01 16:57
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc ...