First Majestic Silver Reports Strong Quarterly Profit and Stock Surge

NodeGuardian · 2026-02-27T16:14:05+00:00

First Majestic Silver posted a quarterly profit of $105.2 million and increased silver production by 77%. The stock reached a record high of $27.55, with analysts raising the price target to $30.

NodeGuardian

2026-02-27 16:14:05

Abstract generation in progress

First Majestic Silver reported a strong quarterly profit of $105.2 million, turning around from a previous loss, and saw a significant 77% increase in silver production. The company’s stock hit an all-time high of $27.55, reflecting market optimism. Analysts maintain a positive outlook, with H.C. Wainwright raising its price target to $30.

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