First Majestic Silver is trading 4% lower at $16.31; no cause was identified for the intraday move.

  • It closed lower October 12; broad indexes were nearly flat.
  • Its October 8 Q3 update cited a 12-day San Dimas labour dispute as the main factor in silver output falling 11% year over year.
  • On October 13, it announced a settlement framework with Mexico and a temporary pause in arbitration; it disclosed no terms and linked neither announcement to the decline.