First Majestic Silver Corp: $30 Silver = $100M+ More Cashflow
At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Keith Neumeyer, CEO of First Majestic Silver Corp (NYSE: AG) (TSX: AG) (FSE: FMV), shared his insights on the current state of the silver market and his company’s strategic position.
Neumeyer highlighted First Majestic’s status as the largest silver company represented at the event, and the significant impact of rising silver prices on the company’s financial performance. He offered a bullish outlook on silver prices: “I’d be surprised if it didn’t get to $35 by the end of the year.”
The discussion covered several key areas including mining sector valuation where Neumeyer provided his perspective on current market valuations in the mining industry, and First Majestic’s growth plans. Neumeyer also gave updates on the Jerritt Canyon project and touched on his involvement with Snow Line Gold and the recent launch of Yukon Metals Corp, illustrating his broader interests in the mining sector.
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.
