Silver Price at New Base, What Comes Next? First Majestic's Mani Alkhafaji
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
“We do think there’s more to come with silver," said Mani Alkhafaji of First Majestic Silver.
Mani Alkhafaji, vice president of corporate of development and investor relations at First Majestic Silver (TSX:AG,NYSE:AG) discusses silver's recent price rise.
He notes that the gold-silver mining ratio is at seven to one, while the price ratio is at 90 to one.
"That tells us silver needs to play catch up to collapse that ratio," he said.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
