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First Majestic Silver Corporation

First Majestic Silver Corporation (AG)

7.185
0.005
( 0.07% )
Updated: 09:42:36

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Bountiful_Harvest Bountiful_Harvest 2 weeks ago
Up almost 14% today. First Majestic behaving exactly like a high-beta silver miner should. Wait til silver starts trading over $50 oz and see where $AG is at...

I sense the real Silver rally will start next year...just need to get the post-election stock market crash out of the way first, then boom!
👍 1
Bountiful_Harvest Bountiful_Harvest 3 weeks ago
There's plenty of other choices. It's not wise to put all your eggs in one basket. Anything can happen to any one company at any given time. That's why many choose ETFs or mutual funds. One should never invest more than they're willing to lose and should never hold a stock they're uncomfortable with.
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ed3/6me ed3/6me 3 weeks ago
Not worried about silver. Just ag
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Bountiful_Harvest Bountiful_Harvest 3 weeks ago
Not that I'm aware of. It's typical. With that said, silver hasn't really gone up much this year to "significantly" impact the SP of miners. Assuming there is a stock market crash after the election, everything will go down with it, however silver/gold won't drop as much as other assets. And should rebound quicker and go higher afterwards. Just like 2008 only more extreme this round.

What might be different this time is the value of the dollar could depreciate so fast that silver/gold may go higher regardless of market conditions. Thus, it's wise to have silver at all times, no matter what the market is doing. If I had to guess, I'd say the best time to buy silver and mining stocks would be "after" market crashes. That's actually what I'm waiting on before going big on the miners. I think the real action in silver/mining stock will begin sometime next year. Watch what happens to a high beta stock like AG when silver soars over $75oz. In the meantime, AG share price could get worse before it gets better.

You'll hear all kinds of opinions and rationale on the silver subject. This is just my opinion.
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ed3/6me ed3/6me 3 weeks ago
something is not right here as the price is stagnant and seems to drop when pushed up. Is there something going on internally that makes this happen?
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Bountiful_Harvest Bountiful_Harvest 4 weeks ago
$BAC is apparently short millions oz of silver...And then there's this:

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StockItOut StockItOut 1 month ago
Silver Majestic having just acquired a billion $ silver miner, in my opinion makes AG at bargain prices.
They have their own mint. They sell direct to the public.
San Dimas mine solid.
Solid company.
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hunterj20 hunterj20 1 month ago
Agree. Probably should be over 8 like earlier this summer.
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ed3/6me ed3/6me 1 month ago
This should e over7 by now. Itsa safe hedge on the election
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d0lphint0m d0lphint0m 1 month ago
Silver is about to break out above $33 and shoot to $50. The silver miners have been laggards. $ag will test $18 by mid next year.
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Bountiful_Harvest Bountiful_Harvest 1 month ago
Stagflation:
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StockItOut StockItOut 2 months ago
Forced intentional recession. Big tech, plenty of money to buy back its own shares year over year, but laying off employees by the 10s of thousands.
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Bountiful_Harvest Bountiful_Harvest 2 months ago
A recession with inflation? Weimar Republic style… 🥹

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Bountiful_Harvest Bountiful_Harvest 2 months ago
Inflation 2.0

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Bountiful_Harvest Bountiful_Harvest 2 months ago
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=AG&insttype=Stock&freq=1&show=&time=4

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StockItOut StockItOut 2 months ago
First-Majestic-acquires-$1B-silver-miner. First-Majestic-way-undervalued-at-$1.5B-market-cap.
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StockItOut StockItOut 2 months ago
First Majestic Announces Agreement to Acquire Gatos Silver
September 05, 2024

https://www.globenewswire.com/news-release/2024/09/05/2941218/0/en/First-Majestic-Announces-Agreement-to-Acquire-Gatos-Silver.html


Approx 58% dilution by adding approximately 176,817,000 AG shares, as First Majestic Silver acquires an operational $1 Billion dollar silver mining company asset in a favorable mining region (Mexico).

Seem very strong news.
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ComstockRoyalty ComstockRoyalty 2 months ago
SOCIALISM & SILVER

Heading to Power Nickel.
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StockItOut StockItOut 3 months ago
A lot of Samsing e-car batteries are going to get stolen.
At $30 oz. silver that's $1,058 per kilo. Double that with silver at $60/oz.
Triple that at $90/oz silver. Quadruple that $120/oz silver.
A $1k to $4K car battery just in internal silver alone will motivate a shift from or to be included with automobile catalytic converter thefts.
You heard it here first.
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ThSeeker ThSeeker 3 months ago
Boost to silver use -- β€œThe key drivers that will ramp up demand for EVs are range, charge time, battery life and safety,” Bambrough said. β€œSamsung's new solid-state battery technology, incorporating a silver-carbon (Ag-C) composite layer for the anode, exemplifies this advancement. Silver's exceptional electrical conductivity and stability are leveraged to enhance battery performance and durability, achieving amazing benchmarks like a 600-mile range and a 20-year lifespan and 9-minute charge.”
He noted that while official numbers are currently unavailable, estimates show that there could be as much as five grams of silver per cell in Samsung's solid-state batteries, meaning β€œa typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”
https://www.kitco.com/news/article/2024-08-19/silver-set-soar-samsungs-solid-state-battery-breakthrough-analysts
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Roozy Roozy 3 months ago
Ault will destroy this…do your dd
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StockItOut StockItOut 3 months ago
$4.43 gap from Feb. 28th closed today intraday.
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hunterj20 hunterj20 3 months ago
Glad I dumped this in the $5.80's wow.
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ed3/6me ed3/6me 3 months ago
Have an advisor who said that too
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hunterj20 hunterj20 3 months ago
imo this will be a great investment over the coming months.
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StockItOut StockItOut 3 months ago
Slam dunk if RFKJr replaced Biden. He already draws more from trump crowd that the biden crowd.
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dws dws 3 months ago
She would be a 3 time loser IMO
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ed3/6me ed3/6me 3 months ago
Anyone speculate what ifs if Hillary replaced Biden?
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ed3/6me ed3/6me 4 months ago
If decent enough. a good way to hedge the economic mess brewing
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BigBadWolf BigBadWolf 4 months ago
Interesting selling pressure premarket w/ obviously bulls taking back control @ipen. Will take a bit deeper look as time allows in the coming days for catalysts (for today’s slight reversal), news & expected forthcoming(s). GLTU
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ed3/6me ed3/6me 4 months ago
6.15 not heavy.more investment from politics
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dws dws 4 months ago
I believe in Keith. Watch your entry point and you’ll do fine IMO.
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Roozy Roozy 4 months ago
Not
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ed3/6me ed3/6me 4 months ago
New here. Was suggested as a safer silver investment. How does anyone feel?
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Roozy Roozy 5 months ago
The Ault flush in effect
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Dragonfart Dragonfart 5 months ago
I think the profit taken is over now, it should get the next leg up
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Roozy Roozy 6 months ago
Yeah AULT will kill this quickly!!
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Dragonfart Dragonfart 6 months ago
Its happening faster than i thought
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StockItOut StockItOut 6 months ago
$34.76, I'd say. From mid-Aug. 2012.
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Dragonfart Dragonfart 6 months ago
There is no resistence for silver after $30, next stop would be $50
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Dragonfart Dragonfart 6 months ago
$10 for sure soon, $14 is very possible mid term. Good luck all.
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Joe Kaplan Joe Kaplan 6 months ago
https://www.zerohedge.com/markets/why-powerful-silver-bull-market-may-be-ahead

Silver has a long way before hitting a top
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StockItOut StockItOut 7 months ago
Looks like Gold and miners reversal. Correction here for a few weeks then up again into summer.
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Monksdream Monksdream 7 months ago
AG new 52 hi
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hunterj20 hunterj20 7 months ago
$10 soon?
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Oleblue Oleblue 7 months ago
We have seen a nice move up on increased volume.

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Bountiful_Harvest Bountiful_Harvest 7 months ago
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=AG&insttype=Stock
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Captainandy Captainandy 7 months ago
#AG: THE BEAST IS WAKING UP....
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hunterj20 hunterj20 7 months ago
Pretty shocked that nobody's talking about this stock here. Some of us are making a killing right now!
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dws dws 7 months ago
Agreed
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