First Majestic Silver Corp. Shares Surge on Improved Production and Exploration Results
First Majestic Silver Corp., the silver-focused precious-metals producer with four operating underground mines in Mexico, saw its shares advance by 3.49% on September 18th, 2026.
This move is part of a larger trend of improved sentiment towards the company and the broader silver market.
The second-quarter production numbers showed a year-over-year increase in both silver and gold output, with key contributors being Santa Elena and La Encantada mines.
Additionally, high-grade drilling at San Dimas continued to support resource conversion and growth opportunities, while permitting progress at Santa Elena created additional development options across the district.