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Primary silver major First Majestic Silver’s New York shares closed 8% lower on Wednesday despite the company reporting record revenues for 2019, with headline earnings falling short of analyst expectations.
First Majestic Silver's HIG mill under installation at the Santa Elena mine, Sonora, Mexico
The Vancouver, Canada-based company said higher silver prices and improved production at all three remaining active Mexico mines amounted to a record year for the company.
Mine earnings rise in Q4, down over full year
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