First Majestic Silver Corp

First Majestic explores, develops, and produces silver and gold from four mining properties in Mexico, covering approximately 281,000 hectares across Durango, Sonora, Chihuahua, and Coahuila states [Company Overview]. The company sells the silver and gold it extracts, so its profitability rises and falls directly with commodity prices.

First Majestic Silver Corp. is a Canadian-headquartered silver and gold mining company operating four mines across Mexico (San Dimas, Santa Elena, Los Gatos, and La Encantada) [Company Overview]. The company has posted extraordinary revenue growth of 128% year-over-year, driven by surging silver prices that recently approached $100 per ounce [Yahoo Finance]. The stock trades at 31.9x earnings with strong free cash flow generation of $351.6M and a net cash position [Yahoo Finance].

Financially healthy with strong cash generation and no net debt burden.