First Majestic reports Q2 earnings – production up 20% vs. Q2 2021

First Majestic Silver reported its second-quarter earnings this morning, which included a 20% year-over-year increase in production, and a net loss of $0.02 per share.

The EPS was largely driven by the lower silver price in the second quarter, although First Majestic did see a reduction in its all-in sustaining cost.

The share price has responded positively early in the session, and to find out more, click to watch this brief video now!