Public market insider selling at First Majestic Silver (FR)

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

Sprott Mining Inc., a 10% Holder, disposed of 1,300,000 Common Shares on a direct ownership basis at prices ranging from $13.011 to $13.156 between February 1st, 2022 and February 2nd, 2022. This represents a $17,058,800 divestment of the company's shares and an account share holdings change of -5.1%.

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

First Majestic Silver Corp is focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. The San Dimas Silver/Gold Mine is located approximately 130 kilometers (km) northwest of Durango, Durango State, Mexico and consists of approximately 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Jerritt Canyon Gold Mine is located in Elko County, Nevada. The Santa Elena Silver/Gold Mine is located approximately 150 km northeast of the city of Hermosillo, Sonora, Mexico, and controls mining concessions totaling 102,244 hectares. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. La Encantada has approximately 4,076 hectares of mineral concessions and surface land ownership of approximately 1,343 hectares.