TSX:AGMetals and Mining
Assessing First Majestic Silver’s Valuation After Early Loan Repayment Progress At La Guitarra Partner
Sierra Madre Gold and Silver has repaid US$2.5 million of its US$5 million secured term loan with First Majestic Silver (TSX:AG) ahead of schedule, supported by higher cash generation from the La Guitarra mine.
See our latest analysis for First Majestic Silver.
That repayment news comes at a time when momentum in First Majestic Silver’s shares has been choppy, with a 1-month share price return showing a 26.6% decline, a 90-day gain of 22.3%, and a 1-year total shareholder return near 200%...