First Majestic (AG) saw 3.39% stock increase as silver prices hit all-time high

From Yahoo Finance: 2025-06-18 07:06:00

First Majestic Silver Corp. (NYSE:AG) saw a 3.39% increase in share prices, closing at $8.55 as investors turned to mining stocks after silver prices hit a new all-time high. Silver spot prices rose by 2.18% to $37.10 per troy ounce amid geopolitical tensions in the Middle East.

First Majestic Silver Corp. (NYSE:AG) discovered a new silver-gold deposit named Santo Nino near its Santa Elena mining property in Sonora, Mexico. The company also increased production at its Navidad deposit, expanding its production sites to four, including Sta. Elena and Ermitano.

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Read more: First Majestic (AG) Tracks Silver All-Time High