On Tuesday, Shares of First Majestic Silver Corp (NYSE:AG), added 4.84% and closed at 8.23 in the last trading session. The last trading range of the stock ranges between $7.89 and 8.30. First Majestic Silver Corp. is happy to declare that total production in the third quarter of 2016 from its six operating silver mines reached 4.5 million silver equivalent ounces. Total production consisted of 3.1 million ounces of silver, 14,452 ounces of gold, 8.0 million pounds of lead and 1.5 million pounds of zinc.
“Higher silver grades, throughput rates and recoveries propelled silver production to a new Company record of over 3.1 million ounces during the quarter,” said Keith Neumeyer, President & CEO. “We saw noteworthygrade improvements, particularly at Santa Elena, La Guitarra and San Martin, as a result of improved mine sequencing and dilution control. Because of the improved operational cash flows, we’ve significantly expanded our exploration programs resulting in 19 drill rigs presently active on our properties which will allow us to release updated Reserve and Resource estimates for Del Toro, La Parrilla and San Martin in the first quarter of 2017. At La Encantada, detailed engineering has been accomplished and furnace manufacturing has started for the construction of our new roasting circuit planned for final completion in the fourth quarter of 2017.”
Oclaro, Inc. (NASDAQ:OCLR), jumped 2.30% and closed at $8.02 in the last trading session. The last trading range of the stock ranges between 7.91 and 8.20. The company’s Market capitalization is $1.31 Billion with the total Outstanding Shares of 165.90 million. Oclaro, Inc. (OCLR), a leading provider and innovator of optical communications solutions, recently declared that on November 1, 2016, at 5:00 p.m. Eastern Time, the Company will host a conference call to discuss its financial results for the first quarter of fiscal year 2017, which ended October 1, 2016.
Date: Tuesday, November 1, 2016
Time: 5:00 p.m. ET/2:00 p.m. PT
Dial-in: (913) 312-1383
Passcode: No passcode needed
Replay: (412) 317-6671
Duration: Through November 15, 2016