TSX:AGMetals and Mining
First Majestic Silver (TSX:AG) Is Up 8.5% After Q1 Profit Surge And Dividend Hike - What's Changed
In the past quarter, First Majestic Silver Corp. reported Q1 revenue rising 95% year over year, net earnings of US$128.1 million, and mine operating earnings of US$266.6 million, while also declaring a quarterly dividend almost four times higher than a year earlier.
The combination of sharply higher realized silver and gold prices, increased throughput, and expectations for lower costs in the second half of the year highlights how both pricing and operational factors are influencing the...