On October 7, First Majestic Silver fell 5.42% in regular trading, trading at $16.535/share, with Turnover of $26.21 million.
The decline came as the broader precious metals sector weakened, with spot gold and silver prices pulling back, weighing on silver producers. Harmony Gold declined nearly 6%, while Gold Fields and First Majestic Silver each fell nearly 5%. AngloGold Ashanti, Kinross Gold, Pan American Silver, Coeur Mining, and Hecla Mining all dropped over 4%.
Within the Silver sector, Hecla Mining fell 4.94%, Endeavour Silver fell 5.36%, Silvercorp Metals fell 5.61%, Aya Gold & Silver fell 6.03%, and Vizsla Silver fell 5.67%.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America, including the San Dimas, Santa Elena, and La Encantada mines in Mexico.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)