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First Majestic Silver (AG) Stock Up as Silver Prices Increase

NEW YORK (TheStreet) -- Shares of First Majestic Silver (AG) were gaining mid-Tuesday afternoon as silver prices advanced.

Silver for September delivery was up 0.23% to $19.85 per ounce on the COMEX.

Silver, like gold, recovered this afternoon from a multiday drop after the Labor Department's stronger-than-expected July jobs report on Friday.

"There has been record buying of gold ETFs since Friday and this is a sign of a healthy market," Director of Investment Strategy for ETF Securities Maxwell Gold told...


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