Mexco Energy Corporation shares rise 4.76% intraday after Pan American Silver discovers high-grade veins at La Colorada mine in Zacatecas.

Mexco Energy Corporation rose 4.76% intraday, with the news that Mexico will raise tariffs on automobiles from China and other Asian countries to 50%, which could potentially benefit domestic automotive companies like Mexco Energy Corporation. The tariffs are part of a broader overhaul of import levies aimed at protecting jobs and placating the United States.