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Valuation Catalysts for Silver Miners in 2018 and Beyond

Annie Gilroy
Valuation Catalysts for Silver Miners in 2018 and Beyond

Its stock price, analysts’ estimates, and its multiple took a severe hit after the Guatemalan government’s decision to suspend its Escobal mine license in July 2017. A favorable resolution to this mining issue could lead to a re-rating of the stock. Coeur Mining (CDE) and First Majestic Silver (AG) have the same forward multiples of 7.9x.