Five US Banks Face Billions In Losses As Silver's Price Spike Hits Short Sellers Hard: Report [Yahoo! Finance]
First Majestic Silver Corp. Ordinary Shares (Canada) (AG)
Last first majestic silver corp. ordinary shares (canada) earnings: 2/19 07:00 am
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firstmajestic.com/investors/stock-info
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Source: Yahoo! Finance
Silver prices have experienced a significant increase , rising over 6% to exceed $33.6 per ounce. This unexpected surge has put five U.S. banks at risk of substantial financial losses due to their large short positions in the metal. What Happened : The recent spike in silver prices has led to potential losses for these banks, estimated at billions of dollars, according to a report by The Silver Academy. The Commodities Futures Trading Commission (CFTC) reports that open interest in silver futures contracts has reached 141,580 contracts, each representing 5,000 ounces. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus . Read them carefully before investing. If there was a new
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News
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AG
Earnings
- 11/7/24 - Miss
AG
Analyst Actions
- 10/18/24 - HC Wainwright
AG
Sec Filings
- 12/20/24 - Form 6-K
- 12/11/24 - Form 6-K
- 12/3/24 - Form 424B3
- AG's page on the SEC website