Silver Stocks Shine: First Majestic Surges 11.6%
First Majestic Silver (TSX:AG) saw a significant boost in its stock price, rising by 11.6% after announcing record silver production of 15.4 million ounces for 2025.
The company also raised its 2026 silver output guidance and reported strong second-quarter 2026 results, with revenue reaching US$415.5 million and operating cash flow before working capital and taxes at US$248.3 million.
First Majestic Silver increased its quarterly dividend by a large percentage to US$0.0152 per share and highlighted a treasury of US$1.25 billion, demonstrating the company's financial flexibility due to higher silver prices and stronger operations.