Amazon (AMZN) shares retreat after wide Q2 earnings miss >>> READ MORE

5 Mining Stocks to Buy Amid the Surge in Silver and Gold

The easy money is on, bringing a beleaguered sector back to life

      View All  

Mining Stocks to Buy: First Majestic Silver (AG)

Click to Enlarge 
First Majestic Silver (AG) is popping out of a downtrend going back to August as it crosses over its 200-day moving average — a level that it hasn’t spent much time above since late 2012.

The company, based in Canada, operates mines in Canada and Mexico and a silver trading operation in Europe. Management expects silver production to increase between 19% and 25% this year.

A return to the August high would be worth a 45% move from here.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC