First Majestic Silver is trading 6.9% up at $17.62 as investors rotate into precious metals amid a broader sector-wide upswing.

  • The move extends a sharp multi-day rally, supported by continued strength in silver and broader materials stocks.
  • The stock gained significant momentum early in the session after rising approximately 4.6% in pre-market trading.
  • Firm risk sentiment across the materials sector continues to drive buying pressure for the miner.