FR:CC - First Majestic Silver: Consistent Losses Can They Turn It Around?

February, 13 2024 05:20 PM First Majestic Silver Corp.

2024-02-13 17:20:00 ET

Summary

First Majestic Silver's stock price has plummeted over the past three years, down 73.6% and 58% compared to ten years ago.
The company's financials show consistent losses and a significant pre-tax profit margin of -15%.
The lack of growth opportunities and high valuation make First Majestic Silver a strong sell.

First Majestic stock price, last 3 years (Marketwatch)

First Majestic Silver Corp. (AG) is a core holding for many silver bulls, but is it a good investment? Over the last three years, First Majestic's stock price has plummeted from $17.49/share to $4.62/share at the time of writing; a return of -73.6%. Compared to ten years ago, First Majestic is down 58%....

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First Majestic Silver: Consistent Losses, Can They Turn It Around?

Company Name:	First Majestic Silver Corp.
Stock Symbol:	FR:CC
Market:	TSXC

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Summary