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Actionable news in AG: FIRST MAJESTIC SILVER CORP,

First Majestic Silver (AG) Stock Slumping Despite Higher Silver Prices

NEW YORK (TheStreet) -- Shares of First Majestic Silver (AG) were down in late-afternoon trading on Monday even though silver prices were gaining.

For September delivery, silver was advancing 0.75% to $19.85 per ounce on the COMEX this afternoon.

Silver prices rose today as the dollar retreated. The precious metal is less expensive to foreign investors when the greenback is weaker.

Additionally, there are reduced expectations for a U.S. interest rate raise this year, Reuters reports. Metals such as silver and gold are non-asset paying and can have...


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