VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — First Majestic Silver Corp. (AG) on Thursday reported second-quarter net income of $52.5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring gains, came to 4 cents per share.
The silver miner posted revenue of $264.2 million in the period.
First Majestic shares have increased 63% since the beginning of the year. The stock has risen 67% in the last 12 months.
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