FULL DISCLOSURE: This is sponsored content for First Majestic Silver Corp.
The current precious metals price environment is having a massive impact on the earnings of producers this week. And one of the top names in silver is no exception to this.
First Majestic Silver (TSX: AG) (NYSE: AG) this week posted record Q4 financial results. The quarter saw a revenue bump of 18%. Mine operating earnings were up 69%. EBITDA improvements of 68%. And perhaps the most important figure of all, free cash flow, was up an astounding 119%.
Oh, and that new minting facility of theirs, First Mint, has seen sales growth of 237% quarter over quarter.
You’re going to want to see these results.
Lets dive in.
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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.