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Stock impact report

First Majestic Silver Q1 Earnings Call Highlights [Yahoo! Finance]

First Majestic Silver Corp. Ordinary Shares (Canada) (AG) 
Last first majestic silver corp. ordinary shares (canada) earnings: 2/19 07:00 am Check Earnings Report
US:NYSE Investor Relations: firstmajestic.com/investors/stock-info
Company Research Source: Yahoo! Finance
First Majestic Silver delivered a strong Q1, producing 3.5 million ounces of silver and reporting record revenue of $477 million, up 95% year over year. Operating cash flow reached $311 million and free cash flow was $224 million despite a $95 million tax payment in Mexico. Higher silver prices drove a major margin expansion, with average realized silver prices rising to $86.35 per ounce from $33.10 a year earlier. Management said margins improved to $52 per ounce, and the company ended the quarter with more than $1.1 billion in treasury assets. The company raised its dividend to $0.0171 per share and is pushing ahead with growth projects, including mine expansions, a 300,000-meter-plus exploration program, and a targeted 2027 restart at Jerritt Canyon . Management said the restart remains on track and that second-quarter trends look strong. Silver Hits $95—These 3 Miners Could Outrun the Metal First Majestic Silver (NYSE:AG) reported what Chief Executive Officer Keith Neumey Show less Read more
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