First Majestic Silver Corp is trading 10.1% up at $19.44 after a sharp risk-on move linked to easing geopolitical tensions.
- A tentative 60-day U.S.–Iran peace agreement, including the reopening of the Strait of Hormuz, has boosted global equities and commodity-linked names.
- The stock extended gains from a 6.2% pre-market indication at $18.75 as investors rotate into higher-beta, precious-metals-related plays.