FIRST MAJESTIC SILVER CORPAG

Market cap

$3.4B

P/E ratio

	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020
Net loss for the year	-53	-204	-40	23
Depletion, depreciation and amortization	78	95	67	56
Share-based payments	8	7	8	8
Income tax expense (recovery)	-22	-59	1	7
Finance costs	4	13	15	15
Unrealized gain from marketable securities and silver futures derivatives	-	-	-	4
Impairment loss	66	200	59	-
Operating cash flows before non-cash working capital and taxes	81	62	109	107
Income taxes paid	6	7	6	5
Cash generated in operating activities	70	33	140	80
Expenditures on mining interests	-	76	77	69
Acquisition of property, plant and equipment	21	35	42	43
Deposits paid for acquisition of non-current assets	0	3	2	14
Other	-	-	-	1
Cash (used in) investing activities	-76	-117	-117	-127
Proceeds from issuing shares	-	-	82	126
Proceeds from exercise of stock options	6	4	17	14
Repayment of lease liabilities	-	-	5	8
Finance costs paid	3	4	6	4
Repayment of debt facilities	13	16	-	20
Shares repurchased	-	1	-	2
Cash provided by financing activities	-9	25	88	117
Effect of exchange rate on cash and cash equivalents held in foreign currencies	3	-3	1	0
Increase (decrease) in cash and cash equivalents	-14	-58	111	69