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First Majestic Silver Corp. (FR)
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Pan American Silver Corp. (PAAS)
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First Majestic Silver Corp. (Canada) (AG)
Q: I own First Majestic Silver Corp. I didn't notice it listed in the drop down menu of companies above. AG is my worst preforming stock in my precious metals sector. Would you sell it for another stock that has better prospects (if so which one and a brief why) or would you still hold. It in a TFSA so there is no tax loss harvesting her. I already own AEM, KKR, BTO and SSRM.
5i Research Answer:
AG/FR cut its dividend 11% last week, which pleased no one. While it still has strong leverage to silver, its results have been too inconsistent to maintain much comfort. We think PAAS is better today. Growth looks much better.