Salvador Garcia - First Majestic COO

FR Stock  CAD 7.95  0.37  4.88%   

COO

Mr. Salvador Garcia serves as Country Manager, Mexico of the Company. He was Chief Operating Officer of the Board of First Majestic Silver Corporationration He will be responsible for government and stakeholder relations in Mexico. Prior to joining First Majestic in January 2013, Mr. Garca held several positions in the mining industry, most recently as Vice President Mexico for Goldcorp Inc., a senior gold producer. Mr. Garca was employed by Luismin prior to its acquisition by Goldcorp for a period of 25 years. He worked in positions ranging from Mine Superintendent, General Manager and Operations Director and was later promoted to the senior management team of Goldcorp as Vice President Mexico. While in those positions, he was responsible for the operations at the Tayoltita and San Antonio mines and was involved in the development, construction and operation of the Los Filos, El Sauzal and Peasquito mines. Mr. Garcia graduated with a bachelor degree in mine engineering from the School of Mines at the University of Guanajuato, Mexico. Mr. Garcia was the Vice President Operations of the Company from January 2013 to June 2014 and was the Chief Operating Officer of the Company since July 2014. since 2017.
Tenure 7 years
Phone604 688 3033
Webhttps://www.firstmajestic.com

First Majestic Management Efficiency

The company has return on total asset (ROA) of (0.0424) % which means that it has lost $0.0424 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0976) %, meaning that it generated substantial loss on money invested by shareholders. First Majestic's management efficiency ratios could be used to measure how well First Majestic manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 247.94 M in total debt with debt to equity ratio (D/E) of 25.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. First Majestic Silver has a current ratio of 3.07, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist First Majestic until it has trouble settling it off, either with new capital or with free cash flow. So, First Majestic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Majestic Silver sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Majestic's use of debt, we should always consider it together with cash and equity.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada. FIRST MAJESTIC operates under Silver classification in Canada and is traded on Toronto Stock Exchange. It employs 5131 people. First Majestic Silver (FR) is traded on Toronto Exchange in Canada and employs 26 people.

Management Performance

First Majestic Silver Leadership Team

Elected by the shareholders, the First Majestic's board of directors comprises two types of representatives: First Majestic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Majestic's management team and ensure that shareholders' interests are well served. First Majestic's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Majestic's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin Palacios, CIO
David Shaw, Independent Director
Marjorie Co, Director
Connie Lillico, Corporate Secretary
Sophie Hsia, General Counsel
Dustin Doorselaere, COO
Ramon Davila, COO, Director
Arturo Diaz, VP Admin
PEng Eng, VP Services
Connie BA, Corporate Secretary
Jose Figueroa, Vice President - Information Technology
Raymond Polman, CFO
David Smith, Vice Resources
BCL LLB, G Counsel
Todd MBA, Vice Development
Gonzalo Mercado, Vice Services
Tony Pezzotti, Independent Director
Robert McCallum, Independent Director
Antonio Pezzotti, Independent Director
Colin Bower, Vice OperationsMexico
Keith Neumeyer, CEO and President and Director
Steven Holmes, Chief Officer
Douglas Penrose, Independent Chairman of the Board
Jill Arias, Vice Marketing
MBA MBA, VP Devel
Salvador Garcia, COO

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Majestic a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Majestic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Majestic's short interest history, or implied volatility extrapolated from First Majestic options trading.

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When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.