Public market insider selling at First Majestic Silver (FR)

Public market insider selling at First Majestic Silver (T:FR)

Silver Wheaton Corp., a 10% Holder, disposed of 675,000 Common Shares on a direct ownership basis at prices ranging from $10.200 to $10.760 between July 8th, 2019 and July 11th, 2019. This represents a $7,072,244 divestment of the company's shares and an account share holdings change of -3.2%.

First Majestic Silver is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

First Majestic Silver Corp. is a mining company. The Company is focused on silver production in Mexico and it is pursuing the development of its existing mineral property assets. The Company operates through eight segments, six of which are located in Mexico; one retail market segment in Canada, and one metal trading segment in Europe. Its segments in Mexico are Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra. Its segment in Canada is Coins and Bullion Sales, and the segment in Europe is Silver Sales. The Company owns and operates approximately six producing silver mines: the La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine and Santa Elena Silver Mine. The Company's subsidiaries include First Majestic Plata, S.A. de C.V., Minera El Pilon, S.A. de C.V., Minera La Encantada, S.A. de C.V., Majestic Services, S.A. de C.V., Santa Elena Oro y Plata, S.A. de C.V. and FMS Trading AG.