TSX:AGMetals and Mining
First Majestic Links Dividend To Revenue As Profitability And Valuation Shift
First Majestic Silver (TSX:AG) has outlined plans to raise its dividend to 2% of net quarterly revenues by June 2026.
The company reports a return to profitability alongside an operational reset that includes selling the Del Toro Silver Mine.
Management is also expanding its First Mint operation as part of a broader shift in how capital is deployed.
First Majestic Silver, trading at CA$40.21, has seen strong recent share price moves, with the stock up 29.8% over the past week and 82.3% year...