First Majestic Silver

FR-T

TSE:FR

10.13
1.38 (11.99%)
First Majestic Silver Corp. is a Canadian silver mining company that operates in Mexico. The Company has five producing mines under its control; La Encantada Silver Mine, La Parrilla Silver Mine, San ...
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Analysis and Opinions about FR-T

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
August 3, 2012

More speculative than SLW. There are operational challenges in the mines. SLW is lower risk.

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More speculative than SLW. There are operational challenges in the mines. SLW is lower risk.

BUY
BUY
February 3, 2012
Pure silver mined in Mexico. Ranks well in his models. Expected to end up having decent earnings. Sales were up 59% year-over-year. ROE is about 30%.
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Pure silver mined in Mexico. Ranks well in his models. Expected to end up having decent earnings. Sales were up 59% year-over-year. ROE is about 30%.
BUY
BUY
December 30, 2011
Starting in 2010, their rapid production was appreciated by the street. It is now one of the growth darlings in the silver sector. They are producing silver at $10 an ounce so if silver is at $26, you have a $16 an ounce spread and those ounces are going up.
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Starting in 2010, their rapid production was appreciated by the street. It is now one of the growth darlings in the silver sector. They are producing silver at $10 an ounce so if silver is at $26, you have a $16 an ounce spread and those ounces are going up.
BUY
BUY
December 30, 2011
Silver: Big reversal day yesterday. Silver and Platinum have a sweet spot from Jan 1 to end of February. It came in two days early this year. Silver is used in electronics, for example. Demand will increase over next couple of months. FR looks very interesting. This one is showing good performance relative to the market. Should break $18.50 resistance shortly and then it should be an interesting ride.
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Silver: Big reversal day yesterday. Silver and Platinum have a sweet spot from Jan 1 to end of February. It came in two days early this year. Silver is used in electronics, for example. Demand will increase over next couple of months. FR looks very interesting. This one is showing good performance relative to the market. Should break $18.50 resistance shortly and then it should be an interesting ride.
COMMENT
COMMENT
November 11, 2011
Located in Mexico, which is a massive silver district. Management has proven that they can maintain production and continue to grow reserves. Silver prices are basing at $33 but will be much higher in 3 years out.
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Located in Mexico, which is a massive silver district. Management has proven that they can maintain production and continue to grow reserves. Silver prices are basing at $33 but will be much higher in 3 years out.
COMMENT
COMMENT
October 3, 2011
Chart shows a triple top this year. This makes the stock problematic. Has broken the uptrend line and has just broken below the 200 day moving average. In case the stock has a chance to go back up again, use the stop loss at around $14 and change.
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Chart shows a triple top this year. This makes the stock problematic. Has broken the uptrend line and has just broken below the 200 day moving average. In case the stock has a chance to go back up again, use the stop loss at around $14 and change.
BUY
BUY
August 3, 2011
Always over promised and under delivered. Low and behold last year they met their production numbers. Had benefit of silver prices, production coming in. But as they meet heir growth targets you will do ok.
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Always over promised and under delivered. Low and behold last year they met their production numbers. Had benefit of silver prices, production coming in. But as they meet heir growth targets you will do ok.
BUY
BUY
June 17, 2011
Had a huge base up to mid-2010 and the time to buy would have been after the breakout at that time. Huge gains are probably over. On a short-term basis, it has completed an A B C and is still above the 200 day.
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Had a huge base up to mid-2010 and the time to buy would have been after the breakout at that time. Huge gains are probably over. On a short-term basis, it has completed an A B C and is still above the 200 day.
COMMENT
COMMENT
May 30, 2011
Came from a big base and had a major breakout in 2010. Had a wonderful move up to $25 and pulled back. If you own, have a stop at $15 and leave the upside open. Good probability that it is starting a new up leg. You can add to it if it goes past $22-$23.
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Came from a big base and had a major breakout in 2010. Had a wonderful move up to $25 and pulled back. If you own, have a stop at $15 and leave the upside open. Good probability that it is starting a new up leg. You can add to it if it goes past $22-$23.
PARTIAL BUY
PARTIAL BUY
May 4, 2011
Peaked on April 5th, well ahead of silver itself. Dropped since then but moved higher today. Has good support around $14. Trend line shows pretty good risk/reward from here. You can do a partial position and then decide later if you want to go further.
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Peaked on April 5th, well ahead of silver itself. Dropped since then but moved higher today. Has good support around $14. Trend line shows pretty good risk/reward from here. You can do a partial position and then decide later if you want to go further.
BUY
BUY
April 4, 2011
Benefiting in a major way from the big move in silver. This one is doing terrific. Can go quite a bit higher so would consider buying a small position.
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Benefiting in a major way from the big move in silver. This one is doing terrific. Can go quite a bit higher so would consider buying a small position.
BUY
BUY
March 17, 2011
Would be his top silver pick. Very impressing production risk. Comfortable with geo-political risk. He is bullish on silver for a couple of years at least. Will need quantities of large silver to rebuild Japan.
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Would be his top silver pick. Very impressing production risk. Comfortable with geo-political risk. He is bullish on silver for a couple of years at least. Will need quantities of large silver to rebuild Japan.
BUY
BUY
February 18, 2011
Mid tier-silver producer. Cost of production is very low. Thinks silver is going higher. Expects amalgamation will be taking place in silver.
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Mid tier-silver producer. Cost of production is very low. Thinks silver is going higher. Expects amalgamation will be taking place in silver.
BUY
BUY
January 13, 2011
Ranks #1 in silver companies in his Canadian stock ranking. Has pulled back and is no longer in an over bought condition.
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Ranks #1 in silver companies in his Canadian stock ranking. Has pulled back and is no longer in an over bought condition.
TOP PICK
TOP PICK
April 8, 2009
Small semi-intermediate silver producer in Mexico. Being valued at a significant discount relative to the larger Pan-American silver standards of the world. Trading at a quarter of its reserve value relative to the market.
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Small semi-intermediate silver producer in Mexico. Being valued at a significant discount relative to the larger Pan-American silver standards of the world. Trading at a quarter of its reserve value relative to the market.
Showing 31 to 45 of 48 entries