Exploration SuccessThe firm encountered several new veins at San Dimas, including a high-grade silver and gold intercept, indicating exploration success.
Financial StabilityFirst Majestic has a strong balance sheet, with $384.8M in cash and $444.1M in working capital.
Production GrowthThe company produced 7.7 million Silver Equivalent Ounces, a 39% increase year over year, slightly above estimates.