First Majestic Silver Reports Q3 Revenue Growth of 38% Driven by Higher Metal Prices

First Majestic Silver Corp. (AG) reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of $0.19, surpassing analyst expectations by $0.02. The company saw a significant revenue surge to $394.1 million, representing a 38.2% increase compared to the same period last year. This growth was primarily fueled by higher realized prices for silver and gold. Additionally, the company reported that its combined bullion inventories for silver and gold reached a total value of $54.1 million.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

First Majestic Silver Reports Q3 Revenue Growth of 38% Driven by Higher Metal Prices

Tickers: $AG

Topics: earnings beat gold revenue growth silver

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