Movement Alert|First Majestic Silver Falls 5.11% in Regular Trading, Precious Metals Sector Broadly Slides as Gold Loses $4,300 and Silver Drops Over 3%

Market Focus
Sep 14

On September 14, First Majestic Silver fell 5.11% in regular trading, trading at $18.685/share, with turnover of $44.55 million.

The decline was driven by a broad sell-off across the precious metals complex. Spot gold broke below the key $4,300/oz level, while spot silver tumbled over 3%, triggering widespread weakness among gold and silver mining equities. The precious metals sector saw heavy losses, with Harmony Gold falling nearly 6%, Gold Fields and First Majestic Silver each dropping close to 5%, and AngloGold Ashanti, Kinross Gold, Pan American Silver, Coeur Mining, and Hecla Mining all declining over 4%.

Within the Silver sector, the downturn was equally pronounced. Among peers, Aya Gold & Silver Inc fell 7.83%, Silvercorp Metals dropped 5.29%, Endeavour Silver declined 4.76%, Hecla Mining lost 4.45%, and Vizsla Silver Corp slid 4.41%.

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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