First Majestic Silver Corp Outperforming Market

First Majestic Silver Corp

is outperforming the market this morning. First Majestic is up 7.36% on no apparent news in this company that is focused on mining silver. The iShares Silver Trust (ETF)

is up just 0.48% in today's trading thus far. Benzinga spoke to First Majestic Silver Corp and a representative said there has been no new news, but perhaps it could just be short-covering. First Majestic has a market cap of $1.86 billion.