UPDATE: First Majestic Silver Q4 Profit Up 5%
Canada's First Majestic Silver (NYSE: AG) reported a 5% rise in its fourth-quarter profit.
First Majestic Silver's quarterly net income surged to $22.4 million, or $0.19 per basic share, versus $21.3 million, or $0.20 per basic share, in the year-ago period.
Its revenue climbed 17% to $71 million.
First Majestic Silver shares closed at $17.35 yesterday.
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