AG - First Majestic Silver Corp.

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates six silver producing mines, including the La Encantada Mine, La Parrilla Mine, Del Toro Mine, San Martin Mine, La Guitarra Mine, and Santa Elena Mine. It also holds interests in the Plomosas silver project situated in Sinaloa State; La Luz silver project located in San Luis Potosi State; and Jalisco group of properties located in various mining districts in Jalisco, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was founded in 1979 and is headquartered in Vancouver, Canada.

 

Was looking into silver mining companies and found this one under $10/share. I know there's no difference between a $750 stock and a $7 stock, because it's the % move that matters. But a $7 stock will have a lot cheaper option prices than that $750 stock.

Anyway, this one did some good work recently.

http://finance.yahoo.com/news/first-majestic-produces-record-5-110000822.html

Producing more silver (+11% y/y) and a lot more gold (+468% y/y!) than previously. I think the "ounces of silver equivalent" is even greater because it's based on silver prices which have been improving. But that can fluctuate. More details in the article itself, including mine-by-mine breakdown.