<- Go home

[BLOG] Andreas Vagn-Hansen

Added to YB: 2024-02-15

Pitch date: 2024-02-13

AG [bearish]

First Majestic Silver Corp.

-283.43%

current return

Author Info

No bio for this author

Company Info

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America.

Market Cap

CAD 5.9B

Pitch Price

CAD 5.72

Price Target

N/A

Dividend

0.16%

EV/EBITDA

15.15

P/E

76.10

EV/Sales

6.19

Sector

Metals and Mining

Category

turnaround

See all company data
Show full summary:
[SHORT] First Majestic Silver: Consistent Losses, Can They Turn It Around?

$AG down 74% in 3yrs due to losses & bad M&A. Steady rev but $23M quarterly loss despite high Au/Ag prices. $1.3B mkt cap high given short mine life & no growth plans. Needs major Ag price rise or cost cut for profit. 77% more downside to 0.5 P/S. Sell on poor mgmt & overvaluation vs peers.

Read full article (5 min)

Report error for this pitch
Share this pitch