🔴 First Majestic Silver is trading 4.27% down today as silver extends losses amid Middle East tensions

First Majestic Silver is trading 4.27% lower at $14.47 as silver prices fell sharply in early U.S. trading on October 23 amid renewed Middle East tensions and expectations of restrictive Federal Reserve policy.

• No October 23 company announcement explaining the move was listed on First Majestic’s releases page; pressure appears tied to silver-sector and macro concerns, not a confirmed company-specific catalyst.
• The Q3 production report cited separately noted lower output linked to a San Dimas labor dispute.