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First Majestic: Q1 Earnings Snapshot

First Majestic: Q1 Earnings Snapshot

By Ap News
Published - May 08, 2024, 08:03 AM ET
Last Updated - May 08, 2024, 08:03 AM EDT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — First Majestic Silver Corp. (AG) on Wednesday reported a loss of $13.6 million in its first quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring gains, came to 6 cents per share.

The silver miner posted revenue of $106 million in the period.

First Majestic shares have climbed 18% since the beginning of the year. The stock has risen nearly 6% in the last 12 months.

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