First Majestic: Q2 Earnings Snapshot

Published 2 months ago Positive
First Majestic: Q2 Earnings Snapshot
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VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — First Majestic Silver Corp. (AG) on Thursday reported second-quarter net income of $52.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring gains, came to 4 cents per share.

The silver miner posted revenue of $264.2 million in the period.

First Majestic shares have increased 63% since the beginning of the year. The stock has risen 67% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AG at https://www.zacks.com/ap/AG

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