Silver’s Thursday Rally Inspires Some Cautious Optimism
Silver prices declined for much of the week, but today's uptick has some experts thinking that improvement is on the way.Continue reading...
View ArticleTD Securities Cuts First Majestic Price Target
The Mideast Times reported that TD Securities has cut its price target for First Majestic Silver Corp. (TSX:FR,NYSE:AG) to C$16.50 from $18. The firm rates the stock a "buy."Continue reading...
View ArticleIs Silver Nearing its Bottom?
Silver's price action this week has analysts wondering if the beleaguered white metal may be nearing the bottom of its seven-and-a-half-month downtrend.Continue reading...
View ArticleProven and Probable Reserves Increase by 224 Percent at First Majestic...
Mining Weekly reported that First Majestic Silver tripled the proven and probable reserve estimate at San Martin mine on an updated National Instrument 43-101 report.Continue reading...
View ArticleSilver Begins Slow Upward Climb
Silver fell to its lowest price in two and a half years last week, but has since begun to climb slowly — but steadily — upward.Continue reading...
View ArticleSilver Coin Sales on Track for Another Record Year
Investors continue to equate silver coins and bars with a cost-effective means of wealth preservation.Continue reading...
View ArticleFirst Majestic Hits Record Silver Production for Q2 2013
First Majestic Silver Corp. (TSX:FR,NYSE:AG) announced that Q2 2013 production from its five operating Mexico-based silver mines reached a record 3,268,117 silver equivalent ounces. That is a...
View ArticleSilver Price Rallies to Six-week High
Silver spot prices have rallied on expectations that quantitative easing will continue for longer than previously expected.Continue reading...
View ArticleFirst Majestic Silver Reports Major Drop in Net Earnings in Q2
First Majestic Silver (NYSE:AG, TSX:FR) announced their second quarter results, including net earnings of $0.2 million, down from net earnings of $26.5 million in the first quarter of 2013.Continue...
View ArticleSilver Enters Bull Market Territory; Rises Above $23
Silver has had a lackluster few weeks, but it looks like the tide may finally be turning.Continue reading...
View ArticleSilver Breaches $19.50 as Platinum, Palladium Fall from Favor
Kitco's Jim Wyckoff suggests that silver's upward movement today was spurred by investors abandoning platinum and palladium.Continue reading...
View ArticleFirst Majestic Produces Record Amount of Silver Equivalent Ounces
First Majestic Silver Corp. (TSX:FR,NYSE:AG) announced its results for the second quarter of 2014, commenting that its five operating Mexico-based silver mines put out a record 3,855,224 silver...
View ArticleFirst Majestic CEO Not a Fan of New Silver Fix
Speaking to Kitco News at the recent Denver Gold Forum, Keith Neumeyer, president and CEO of First Majestic Silver Corp. (TSX:FR,NYSE:AG), said he's not a big fan of the new silver fix.Continue reading...
View ArticleTake Heart, Silver Bugs — It’s a Great Time to Buy
So said Todd Horwitz, author and founder at Average Joe Options, in a recent interview with Bloomberg. It's a path certainly worth considering given the white metal's recent price drop.Continue reading...
View ArticleFirst Majestic’s Stockpiling a Sign Silver Miners are Taking Control
First Majestic Silver's decision to postpone the sale of about 934,000 ounces of silver could help push prices up.Continue reading...
View ArticleFirst Majestic CEO Explains Decision to Postpone Silver Sales
Future Money Trends interviewed Keith Neumeyer, president and CEO of First Majestic Silver Corp. (TSX:FR,NYSE:AG). The company recently announced plans to postpone the sale of about 934,000 ounces of...
View ArticleSurvey: Will a Cartel Save the Silver Price?
Keith Neumeyer, president and CEO of First Majestic, certainly thinks so. Silver Investing News spoke with seven other silver-focused companies to find out what they think.Continue reading...
View ArticleFirst Majestic Reports Lower Revenues on Back of Suspension of Silver Sales
First Majestic Silver Corp. (TSX:FR,NYSE:AG) announced its unaudited interim consolidated financial results for the third quarter of 2014, commenting that because it has temporarily suspended the sale...
View ArticleUBS Made “Clear Attempts” to Manipulate Precious Metals Fixes
UBS has been taken to task for misbehavior at its precious metals spot-trading desk. Meanwhile, First Majestic has released its Q3 results, noting that it's sold the silver it was holding back.Continue...
View ArticleSilver Crosses $17 Mark on Weak Dollar, Equities
Though the white metal spent Monday hovering at around $16.30 per ounce, it took a big leap Tuesday morning, shooting up as high as $17.15.Continue reading...
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