First Majestic Trading at a Premium Value: Here's How to Play the Stock

Key Takeaways AG trades at a forward P/E far above the silver mining industry and peers, raising valuation concerns.First Majestic faces rising costs, higher debt, and ongoing taxation and regulatory challenges in Mexico.AG posted record Q3 production and cash flow, supported by higher silver output and stronger prices.The precious metals mining First Majestic Silver Corp. (AG) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 55.84X compared with the Zacks Mining - Silver industry ...