FULL DISCLOSURE: First Majestic Silver is a sponsor of theDeepDive.ca.
In this conversation with Mani Alkhafaji, President & Chief Corporate Development Officer of First Majestic Silver Corp. (NYSE: AG) (TSX: AG), we discuss why he believes silver’s sharp pullback was healthy, why the current range may be building a stronger base for the next move higher, and what that says about the bigger silver cycle.
Mani also explains why higher silver prices still have not solved the primary silver supply problem, why new mine supply remains limited, and why First Majestic is starting to see direct interest from silver consumers in a way it has not seen before.
We also get into the mint in Nevada, the company’s record Q1 financials, the restart at Jerritt Canyon, the long-term upside at Los Gatos, and the latest exploration success at Santa Elena.
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.
