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First Majestic Silver ( (TSE:AG) ) has issued an announcement.
First Majestic Silver Corp. announced its 2025 production and cost guidance, projecting an increase in total attributable production to between 27.8 to 31.2 million silver equivalent ounces, driven by the acquisition of Gatos Silver, Inc. and increased output from its Mexican mines. The company plans to invest $182 million in capital expenditures, marking a 34% increase from the previous year, with a focus on sustaining and expansionary projects at Santa Elena and San Dimas, as well as an extensive exploration drilling program spanning 270,000 meters.
More about First Majestic Silver
First Majestic Silver Corp. operates in the mining industry, focusing on the production of silver and gold. The company manages four producing underground mines in Mexico: Cerro Los Gatos, Santa Elena, San Dimas, and La Encantada, with a significant interest in silver production.
YTD Price Performance: -2.69%
Average Trading Volume: 13,382,845
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.77B
Find detailed analytics on AG stock on TipRanks’ Stock Analysis page.
