First Majestic Silver is trading 7% down at $17.68 on September 28, 2026, as a sharp selloff in silver weighs on shares amid oil-driven inflation and interest-rate concerns.
- Reuters reported spot silver fell 4.3% to $61.51 per ounce.
- Rising oil prices heightened inflation concerns and reinforced expectations of further Federal Reserve rate hikes.
- No clear company-specific announcement explains the move in available coverage; broad U.S. index moves provided less direct context.