First Majestic Silver Will Rally When Precious Metals Do

Summary

  • The price of silver and gold should still enjoy a benefit from inflation, but will especially rally when the dollar declines or yields fall.
  • First Majestic Silver is increasing production and reining in costs to preserve margins.
  • The company is losing money on a per-share basis, but has positive cash flow per share generally speaking.
  • Strong balance sheet and repurchasing shares.
  • Looking for a helping hand in the market? Members of BAD BEAT Investing get exclusive ideas and guidance to navigate any climate. Learn More »
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Oselote

First Majestic Silver (NYSE:AG) is a silver mining company that we have traded in the past. We believe the pressure on precious metals has been overdone in this inflationary environment, especially when you factor in the contagion hitting stocks and bonds. Make

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