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05.11.2025 20:35:00

Why First Majestic Silver Stock Was Wilting on Wednesday

Some precious metal prices either approached or established new all-time highs recently. You'd hardly know that from Wednesday's performance of First Majestic Silver (NYSE: AG) stock, however. The silver miner's equity was sliding by over 7% in price that afternoon on the back of quarterly results, at a point when the bellwether S&P 500 index was rising by 0.8%. First Majestic's third-quarter figures, published before market open on Wednesday, revealed that the company notched new records in the period for both silver production and total revenue. The former nearly doubled year over year to 3.9 million ounces. Ditto for the latter, which zoomed to slightly more than $285 million, from the year-ago tally of $146 million and change. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Rohstoffe in diesem Artikel

Silberpreis 50.04 -0.64 -1.26