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Actionable news in AG: FIRST MAJESTIC SILVER CORP,

First Majestic Silver (AG) Stock Retreats on Lower Silver Prices

NEW YORK (TheStreet) -- Shares of First Majestic Silver (AG) are tumbling 6.87% to $15.52 late Wednesday morning as silver prices are under pressure today.

For September delivery, silver is falling 2.21% to $19.57 per ounce on the COMEX this morning.

The price of the metal is dropping today on a firmer dollar. Silver is more expensive to foreign currency holders when the greenback is strong.

The dollar hit a four-month high on U.S. housing starts data, which boosted expectations that the Federal Reserve could increase interest rates before the end of...


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