VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — First Majestic Silver Corp. (AG) on Wednesday reported first-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.
The Vancouver, British Columbia-based company said it had net income of 1 cent per share. Earnings, adjusted for non-recurring costs, were 5 cents per share.
The silver miner posted revenue of $243.9 million in the period.
First Majestic shares have climbed 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.24, a decrease of 14% in the last 12 months.
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