TSX:AGMetals and Mining
Why First Majestic Silver (TSX:AG) Is Up 8.1% After Strong Q2 Profits, Dividend Cut And Buybacks
In July 2026, First Majestic Silver Corp. reported second-quarter 2026 results showing sales of US$415.5 million and net income of US$109.43 million, alongside a reduced US$0.0152 per-share cash dividend and confirmation it repurchased 1,600,000 shares for CA$35.82 million under its existing buyback program.
Despite trimming its quarterly dividend, the company’s sharp year-over-year increases in sales and earnings highlight a focus on reinvesting cash while still returning capital through...