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First Majestic Silver (AG) Agrees to Sell San Martin Mine for $90 Million
Insider Monkey70d agobearish
First Majestic Silver (AG) Agrees to Sell San Martin Mine for $90 Million

First Majestic Silver Corp. (NYSE:AG) is one of the best stocks to invest in under $100. On July 7, First Majestic Silver announced a definitive agreement to sell its San Martin Silver Mine in Jalisco, Mexico, to Flextronics Supply and Service for total proceeds of $90 million. The transaction includes the transfer of all shares […]

The Silver Miners ETF (SLVR) That Gained 434% Just Dropped 12% in a Day — Leverage Cuts Both Ways
24/7 Wall St.103d agobearish
The Silver Miners ETF (SLVR) That Gained 434% Just Dropped 12% in a Day — Leverage Cuts Both Ways

If you owned Sprott Silver Miners & Physical Silver ETF (NASDAQ:SLVR) into the close on Friday, you watched a $10,000 position turn into roughly $8,815 in a single session. The fund opened the day at $59.48 and closed at $52.43, a -12% day that the headlines rounded up to 12%. Stretch the lens out a ... The Silver Miners ETF (SLVR) That Gained 434% Just Dropped 12% in a Day — Leverage Cuts Both Ways