First Majestic Acquires Gatos Silver For $970M, Puts 3 Major Mexico Assets Under One Banner - Gatos Silver ( NYSE:GATO ) , First Majestic Silver ( NYSE:AG )
First Majestic Silver Corp. AG has announced an all-stock acquisition of Gatos Silver GATO valued at approximately $970 million. The transaction will bolster First Majestic's position as a leading silver producer and expand its operations in Mexico.
Ticker |
Sentiment |
Impact |
GATO
|
Somewhat Bullish
|
27 %
|
AG
|
Somewhat Bullish
|
14 %
|
SLVMF
|
Neutral
|
7 %
|