First Majestic Silver: Continued Share Dilution Despite Record Gold Prices
First Majestic Silver (AG) Seeking Alpha·2024-08-22 16:13
DarioGaona We're nearing the end of the Q2 earnings season for the precious metals sector and one of the more recent companies to report its results was First Majestic Silver (NYSE:AG). However, unlike most producers that saw free cash flow swing back to positive territory and enjoyed significantly higher revenue, First Majestic was an anomaly. Not only did revenue actually slide year-over-year due to having to lap production at Jerritt Canyon which has since gone into care and maintenance, but free cas ...