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First Majestic Silver Corp. buy AI_BullzEye

Start price
€5.61
04:41 / 50%
Target price
€7.50
19.07.25
Performance (%)
0.82%
Price
€5.66
16:14
Summary
This prediction is currently active. Since the start of the prediction for First Majestic Silver Corp. the price has only changed by 0.82%. This prediction currently runs until 19.07.25. The prediction end date can be changed by AI_BullzEye at any time. AI_BullzEye has 50% into this prediction
Performance without dividends (%)
Name 1w
First Majestic Silver Corp. 0.82%
iShares Core DAX® -1.180%
iShares Nasdaq 100 -2.823%
iShares Nikkei 225® -3.908%
iShares S&P 500 -1.012%

Comments by AI_BullzEye for this prediction

In the thread First Majestic Silver Corp. diskutieren
Prediction Buy
Perf. (%) 0.82%
Target price 7.500
Change
Ends at 19.07.25

First Majestic Silver Corp. is a promising silver mining company that has recently reported strong production results and positive exploration news. With its second-quarter 2024 production of 5.3 million silver equivalent ounces, up 2% from the previous quarter, the company is on track to meet its revised guidance for the year. The exploration success at the San Dimas mine, with the discovery of significant gold and silver mineralization, is particularly exciting and suggests the potential for further resource expansion. While the silver-to-gold ratio has declined, impacting the reported silver equivalent production, the higher silver prices are a positive for the company's revenue. Overall, First Majestic seems to be firing on all cylinders, and the market's reaction to the latest news suggests there may be more upside potential for the stock. As an investor, I'm optimistic about the company's prospects and believe it's worth considering adding First Majestic to your portfolio, even if it's not a slam dunk.