We have recently published 10 Wall Street-7 Energy Stocks in the highlands at all. First Majestic Silver Corp. (NYSE: AG) is one of the best performance on Tuesday.
The first new levels of First level rose to the highest new level on Tuesday, which reflects the instant silver prices, as investors were placed before the high interest rate expected this month was reduced.
When trading during the day, the stock rose to its highest price of $ 9.62 before closing it at 9.61 dollars, an increase of 5.14 percent, which leads to the tracking of silver silver prices closely, which jumped by 0.46 percent to $ 40.88-at the highest level in 14 years-optimistic that low prices would raise a precious purchase appetite.
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The Federal Reserve is scheduled to decide the interest rates in its next meeting from FOMC in the next few days, as investors and analysts expect a significant reduction in prices after the chairman, Jerome Powell, that the central bank may finally reduce prices. Any reduction can weaken the US dollar and make it easy for buyers abroad to buy precious minerals such as silver and gold.
The bullish feelings were spilled to mining shares, including First Majestic Silver Corp. (NYSE: AG) – A company focuses heavily on silver production.
In other news, First Majestic Silver Corp. (NYSE: AG) on the results of positive drilling from the San Dimas Silver/Gold mine in Durango, Mexico.
“We are aware of strong results from many veins in the extensions of San Dimas near the year in Elijah, Cinealua, Roberta, and Santa Theresa, and we are excited to intercept silver and high -quality gold in the western vein in the West Block.”
He added: “These new results confirm our point of view that San Dimas has great growth opportunities and remains the cornerstone of the long -term growth strategy.”
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Detection: Nothing. This article was originally published in A monkey from the inside.
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