First Majestic Silver Climbs 1.44% on Sector Rally Despite 358th Volume Ranking

On September 12, 2025, , , ranking 358th in market activity. The stock's performance was influenced by a combination of sector-specific developments and operational updates.

Analysts highlighted renewed investor interest in the silver sector following a report on global mining supply chain adjustments, which positioned First Majestic as a potential beneficiary of increased exploration budgets. Meanwhile, the company's recent announcement of a 12-month strategic review of its Mexican mining operations added short-term volatility to its shares.

Technical indicators showed mixed signals, with the stock testing key but failing to break above the 52-week high. Market participants noted that contributed to the wide bid-ask spread observed during afternoon trading sessions.

To run this back-test correctly I need to pin down two practical details: 1. Stock universe • All U.S. listed common stocks (NYSE, NASDAQ, AMEX) – default, unless you prefer a different list (e.g., S&P 500 constituents). 2. Weighting & costs • Equal-dollar weight in each of the 500 names, re-balanced every day, with zero transaction costs – default, unless you would like other assumptions (e.g., cap-weight, commission/slippage). Please let me know if these defaults are acceptable (or give me your preferred choices) and I’ll start the data retrieval and back-test right away.