This article is about First Majestic Silver (NYSE:AG), a highly profitable silver mining company with five producing mines in Mexico.
1: About First Majestic Silver
First Majestic Silver currently has a market capitalization of around $1.25 billion. It anticipates that it will produce 11 million ounces of silver this year, and this should increase by 50% over the next three years.
First Majestic is among the most expensive silver miners based on several key metrics (price/annual production, price/silver reserves, price/tangible book value...etc.), yet there is good reason for this. First Majestic is one of the best managed mining companies of any in the world. It has demonstrated consistent production growth, and it achieves this growth through a highly...
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