First Majestic (AG) Q2 Silver Production Rises Sequentially
First Majestic Silver (AG) ZACKS·2024-07-20 00:25
First Majestic Silver Corp. (AG) announced that its total production reached 5.3 million silver equivalent ("AgEq") ounces in the second quarter of 2024. The figure consists of 2.1 million silver ounces and 39,339 gold ounces.On a sequential basis, silver production grew 7%, whereas gold production increased 9%. Overall silver equivalent ounces jumped 2% from the prior quarter. The rise was mainly driven by higher silver production at La Encantada and increased AgEq production at Santa Elena. However, this ...