Why is First Majestic Silver dropping?

Why is First Majestic Silver dropping?

Why First Majestic Silver Stock Dropped 12.9% in July After Upgrading Its 2021 Outlook. Investors aren’t happy with the the silver miner’s latest acquisition despite its contribution to production.

Does First Majestic Silver pay a dividend?

(AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) is pleased to announce that the Company’s Board of Directors has adopted a dividend policy for the Company under which the Company intends to pay quarterly dividends of 1% of the Company’s net revenues commencing after the completion of the first quarter of 2021.

What does First Majestic Silver Corp do?

First Majestic Silver Corp is focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.

How many shorts are on ag?

As of November 15th, there was short interest totaling 16,330,000 shares, an increase of 11.2% from the previous total of 14,680,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment.

Is First Majestic Silver stock a good buy?

5 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for First Majestic Silver in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” First Majestic Silver stock.

Who owns First Majestic Silver?

First Majestic Silver

Is First Majestic Canadian?

First Majestic Silver Corp. is a Canadian silver-mining company that operates in Mexico and the United States. It has four producing mines under its control: San Dimas Silver/Gold Mine, Santa Elena Silver/Gold Mine, La Encantada Silver Mine, and Jerritt Canyon Gold Mine.

Is First Majestic a buy?

First Majestic Silver is a good stock to get direct exposure to the silver market. The company operates silver mines in Mexico and the United States. Revenue in Q2 2021 hit a record of US$154 million. The company has liquidity of US$316 million, which includes undrawn credit facilities of US$40 million.

Is AG shorted?

This table shows the number of shares of US:AG available to be shorted at a leading prime brokerage.

What is the short interest on silver?

Short interest is the volume of MAG Silver shares that have been sold short but have not yet been closed out or covered. As of October 29th, traders have sold 1,900,000 shares of MAG short.

Is AG a buy or sell?

A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)….Momentum Scorecard. More Info.