First Majestic Silver: Still A Money Loser

Adam Gault First Majestic Silver Corp. (NYSE:AG) is a silver mining company that we have traded several times in the past. In our last two pieces covering First Majestic we first recommended a tactical short for double-digit returns. Then, back in the fall, we moved to neutral on the stock, as we saw subpar performance given a higher metal price situation. Here we are more than halfway into calendar 2024, and we have strong metal prices. However, shares of the stock are about where they were in the fall ...