First Majestic Hits 52-Week High: What's Aiding Its Performance?

Key Takeaways AG recorded 7.9M AgEq ounces in Q2, up 48% year over year on stronger silver and gold production. The Cerro Los Gatos mine, acquired via the Gatos Silver deal, added 1.5M silver ounces to Q2 output. AG raised its 2025 production outlook to 30.6-32.6M AgEq ounces from 27.8-31.2M.First Majestic Silver Corp. (AG) scaled a new 52-week high of $9.48 yesterday before ending the session at $9.15. The upside comes following the news of strong silver-equivalent (AgEq) production in the second quarter ...