First Majestic Silver’s Gatos Deal Reshapes Outlook At CA$30 Share Price
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First Majestic Silver (TSX:AG) has completed its acquisition of Gatos Silver, adding new silver production capacity to its portfolio.
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The combined operations have led to record silver output and stronger cash flow for the company.
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Management has announced an upcoming increase in the dividend payout, reflecting the impact of the Gatos Silver integration.
For investors watching First Majestic Silver at around CA$30.08 per share, the Gatos Silver deal comes on top of a sharp move in the stock over the past year. The share price is up 242.0% over the past 1 year and 197.4% over 3 years, with a 36.4% gain over the…
