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Why First Majestic Silver Dropped 15.9% in August [The Motley Fool]

FIRST MAJESTIC SILVER (AG)  More Company Research Source: The Motley Fool
Last first majestic silver earnings: 11/7 07:00 am Check Earnings Report
US:NYSE Investor Relations: firstmajestic.com/investors/stock-info
PDF The mining company was affected by worries over high costs and low silver prices. Neha Chamaria ( Nehams ) Sep 10, 2018 at 4:51PM What happened Shares of First Majestic Silver ( NYSE:AG ) slumped 15.9% last month, according to data provided by  S&P Global Market Intelligence . The stock had a heady run-up between February and June before it reversed course. By far, August turned out to be its worst month so far this year. The only big event last month was the silver miner's second-quarter earnings release on Aug. 13. You'd think First Majestic must've delivered disastrous numbers, but its revenue surged 27% year over year on the back of record silver equivalent production.  So what The last quarter was a significant one for First Majestic as it acquired Primero Mining for $187 million in May. With the acquisition, First Majestic bagged the pr [Read more]

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