First Majestic is Trading Near 52-Week High: Should You Buy the Stock?

Key Takeaways First Majestic shares surged 128% in 3 months, nearing a $27.90 52-week high.AG posted record Q4 output and 266% jump in cash flow to $250.4 million.First Majestic expanded via the Gatos Silver deal but trades at 68.34X forward P/E.Shares of First Majestic Silver Corp. (AG) have been showing impressive gains of late, trading close to its 52-week high of $27.90. The stock closed at $27.55 on Friday, 1.3% below the highest point. Shares of the precious metals mining company have surged 128.4% in ...