| Loss-Making First Majestic Silver Corp (TSE:FR) Expected To Breakeven | |
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Given this is a high-level overview, I won’t go into detail the detail of FR’s upcoming projects, but, bear in mind that typically metals and mining companies, depending on the stage of operation and metals mined, have irregular periods of cash flow. This means, large upcoming growth rates are not abnormal as the company is beginning to reap the benefits of earlier investments. Before I wrap up, there’s one aspect worth mentioning. FR has managed its capital prudently, with debt making up 7.05% of equity. This means that FR has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company. Next Steps:There are key fundamentals of FR which are not covered in this article, but I must stress again that this is merely a basic overview. For a more comprehensive look at FR, take a look at FR’s company page on Simply Wall St. I’ve also put together a list of relevant factors you should further examine: - Valuation: What is FR worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether FR is currently mispriced by the market.
- Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on First Majestic Silver’s board and the CEO’s back ground.
- Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
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First Majestic Silver Corp.
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PRODUCER |
CODE : FR.TO |
ISIN : CA32076R1029 |
CUSIP : 32076R1029 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Majestic is a silver producing company based in Canada. First Majestic produces silver, gold, lead and zinc in Mexico, and holds various exploration projects in Canada and in Mexico. Its main assets in production are LA PARRILLA SILVER MINE, LA ENCANTADA (FIRST MAJESTIC SILVER), SAN MARTIN and LA ENCANTADA SILVER MINE in Mexico and its main exploration properties are REAL DE CATORCE, DEL TORO and CUITABOCA in Mexico and PITT ISLAND, PINCOURT, DOMPIERRE and DESJARDINS in Canada. First Majestic is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.6 billions as of today (US$ 1.1 billions, € 1.1 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.01, and its highest recent level on December 22, 2017 at CA$ 9.99. First Majestic has 164 340 000 shares outstanding. |