First Majestic Silver ( (TSE:AG) ) has provided an update.
First Majestic Silver Corp. announced significant increases in its 2024 Mineral Reserve and Mineral Resource estimates, marking a record milestone for the company. The strategic acquisition of Gatos Silver and a successful exploration program led to a 45% increase in Proven and Probable Reserves and a 25% increase in Measured and Indicated Resources. These developments enhance the company’s operational capacity and strengthen its position in the silver and gold mining industry.
More about First Majestic Silver
First Majestic Silver Corp. is a mining company operating in the precious metals industry, primarily focusing on silver and gold production. The company has four operating mines in Mexico and one in the United States, with a recent acquisition expanding its interest in the Cerro Los Gatos Silver Mine.
YTD Price Performance: 23.36%
Average Trading Volume: 19,450,395
Technical Sentiment Signal: Sell
Current Market Cap: $3.27B
For detailed information about AG stock, go to TipRanks’ Stock Analysis page.