First Majestic’s Del Toro Mine Valued at $147 Million

Mining Weekly reported that a prefeasibility study gave First Majestic’s (NYSE:AG) Del Toro mine a net present value of $147 million.

As quoted in the market news:

The report gave the asset a $147.1-million after-tax net-present value using a 5% discount rate. Payback was 2.5 years after completion, and life-of-mine was pegged at 6.5 years.

Click here to read the full Mining Weekly report.