Seeking Alpha

First Majestic produces record 3.63M ounces of silver during Q1

  • First Majestic Silver (AG) +2.6% premarket after announcing that total production at its five operating silver mines in Mexico during Q1 reached a new quarterly record of ~3.63M silver equiv. oz., a 33% Y/Y increase.
  • Total silver production consisted of nearly 2.9M oz. of silver, a 19% Y/Y increase; nearly 8.6M lbs. of lead, nearly 2.7M lbs. of zinc, and 3,375 oz. of gold also were produced, respective Y/Y increases of 112%, 60% and 113%.
Comments (1)
  • Jimjiminy
    , contributor
    Comments (29) | Send Message
     
    33% is a nice y-o-y increase.

     

    Now I just need the prices of silver and gold themselves to do the same...
    8 Apr 2014, 09:07 AM Reply Like
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