First Majestic Silver is trading 4.48% down now at $20.77, reversing part of the August 27 advance; no clear catalyst has emerged.
- No clear company-specific announcement, earnings surprise, or analyst action explains the August 28 decline. The latest company update concerned high-grade gold drilling at Jerritt Canyon, announced August 25.
- Silver pricing was mixed, with one report showing spot silver up 0.28% at $69.15. Broader indexes were essentially flat; the move may reflect profit-taking or stock-specific trading.