Denver Gold Group > Member Company Profile > First Majestic Silver Corp.
Address
925 West Georgia Street, Suite 1805
Vancouver, BC V6C3L2
Canada
Value Drivers
- Purest Silver Producer with 95% Revenue in Silver
- 100% Focused in Mining-friendly Mexico
- Production doubling in size within the next three years
Management
| Chairman: | Douglas Penrose |
| CEO/President/MD: | Keith Neumeyer |
| CFO: | Raymond L. Polman |
| COO: | Ramon Davila |
| Other Key Staff: | Corporate Secretary - Connie Lillico VP of Marketing - Jill Anne Arias |
IR Contact
Todd Anthony
+ 1 (604) 688-3033
info@firstmajestic.com
www.firstmajestic.com
Cautionary Information
© Copyright 2012, Denver Gold Group & First Majestic Silver Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
First Majestic Silver Corp.
New York Stock Exchange : AG
Last Updated: February 7, 2012
| Status: | Producer |
| Primary Mineral: | Silver |
| Primary Country of Operation: | Mexico |
First Majestic Silver Corp. is committed to building a senior Silver producing mining company based on an aggressive development and acquisition plan with a focus on Mexico. The Company presently owns and operates three producing silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine. Production from these three mines is anticipated to be between 8.9 to 9.4 million ounces of silver equivalents or 8.3 to 8.7 million ounces of pure silver in 2012.
Annual Production
Silver, koz per year
SEOs: No
Annual Proven & Probable Reserves
Silver, Moz per year
Mineral Authority: NI 43-101, SEOs: No
All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.
Other Markets Traded On
FR:CN
Top Shareholders
- Greystone Managed Investments
- Van Eck & Associates
- Sprott Asset Management
Capital Structure
| Common Shares Outstanding: | 105,135,372 |
| Float (%): | 100 |
| Options Outstanding: | 4,934,375 |
| Fully Diluted Shares: | 110,069,747 |
Stock as of April 24, 2012
| Local: USD | USD | |
|---|---|---|
| Stock Price: | 14.85 | 14.85 |
| 52-Week Range: | 13.3500 - 25.5600 | 13.3500 - 25.5600 |
| Market Cap: | 1,561 MM | 1,561 MM |
| Fully Diluted Market Cap: | 1,635 MM | 1,635 MM |
| 1-Year Return: | -36.29% |