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First Majestic reports Q3 production of 3.4M silver oz; renews share buyback for up to 10M shares
AGFirst Majestic Silver Corp
First Majestic Silver Corp. reported third-quarter 2026 attributable production of 3.4 million silver ounces, 29,552 gold ounces, and 13.3 million pounds of zinc from its four producing mines in Mexico. Silver output reached 72% of the revised annual guidance midpoint, primarily due to a labor dispute at San Dimas that reduced operations by 12 days. The company also announced the renewal of its Normal Course Issuer Bid, authorized to repurchase up to 10 million common shares over the next 12 months starting October 14, 2026. Additionally, First Majestic confirmed it will release Q3 financial results and dividend details on November 5, 2026. The company operates underground silver and gold mines in Mexico and is preparing to restart the Jerritt Canyon Gold Mine in Nevada.