FULL DISCLOSURE: First Majestic Silver is a sponsor of theDeepDive.ca.
It was a rough day in the market for First Majestic Silver (TSX: AG) (NYSE: AG) on Wednesday following the release of their third quarter financial results, with the company seemingly unable to catch a break with the timing of their earnings releases.
The company saw the equity sink sharply on the day before recovering to a decline of just 7.6%. All this comes amid another record breaking quarter for the company, who in the third quarter saw a total of ten new records set in terms of its performance, including record operating cash flow of $0.29 a share.
Lets dive in.
FULL DISCLOSURE: First Majestic Silver Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Majestic Silver Corp. The author has been compensated to cover First Majestic Silver Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
One Response
FM has advertised a job opening dated Oct 21 for an Environmental Superintendent for Jarrett Canyon. Do they need such a person to only maintain Jarrett’s care and maintenance, OR can we interpret this as evidence that FM is getting closer to resuming Jarrett operations?