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First Majestic Announces Higher Quarterly Profit and Production Targets
Mar. 05, 2012 09:19AM PST
Silver InvestingReuters Africa reported that First Majestic Silver’s (TSX:FR) quarterly profit was up but it cut its production forecast.
Reuters Africa reported that First Majestic Silver’s (TSX:FR) quarterly profit was up but it cut its production forecast.
As quoted in the market news:
The Vancouver-based miner, which operates in Mexico, now sees 2012 production at 8.8-9.3 million ounces of silver equivalent, compared with its earlier forecast of 8.9-9.4 million ounces of silver equivalent.
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