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[BUSINESS] · Canada · 9 sources

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First Majestic Silver posts 57% revenue rise; Kinross and Hudbay disclose dividend updates

Global Uranium Corp. announced a proposed 10‑to‑1 share consolidation that would cut its 59.16 million outstanding common shares to roughly 5.92 million. Hudbay Minerals Inc. issued a correction to its September 2026 quarterly dividend, setting the record date for September 8 and the payment date for September 25. Kinross Gold Corporation declared a quarterly dividend of US$0.04 per share payable on September 3, 2026, with the record date of August 20.

First Majestic Silver Corp. reported second‑quarter 2026 revenue of $415.5 million, a 57 % increase year‑over‑year, and net profit of $109.4 million, translating to earnings of $0.22 per share. Free cash flow reached $194.6 million, raising the company's cash balance to $1.2527 billion. Analyst HC Wainwright lifted its price target for First Majestic Silver to $27 from $26, suggesting a potential upside of about 73 %.

Kinross Gold's second‑quarter free cash flow fell to $726.8 million from $837.5 million, ending a run of four consecutive record‑breaking quarters, while operating cash flow remained roughly flat at $1.15 billion.

Entities

First Majestic Silver Corp. · Global Uranium Corp. · HC Wainwright · Hudbay Minerals Inc. · Kinross Gold Corporation

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

  • [○ 1 SOURCE] Global Uranium Corp. proposes a 10‑to‑1 share consolidation reducing shares from about 59.16 million to 5.92 million. www.globenewswire.com
  • [○ 1 SOURCE] First Majestic Silver's Q2 2026 revenue was $415.5 million, up 57 % year‑over‑year. www.presseradar.de
  • [○ 1 SOURCE] HC Wainwright raised its price target for First Majestic Silver to $27, indicating a 72.69 % upside.
  • [○ 1 SOURCE] First Majestic Silver generated free cash flow of $194.6 million and held cash of $1.2527 billion at quarter end. www.presseradar.de
  • [○ 1 SOURCE] Hudbay corrected its September 2026 quarterly dividend record date to September 8 and payment date to September 25. www.globenewswire.com
  • [○ 1 SOURCE] First Majestic Silver reported net profit of $109.4 million and earnings of $0.22 per share for Q2 2026. www.presseradar.de
  • [○ 1 SOURCE] Kinross Gold declared a quarterly dividend of US$0.04 per share payable on September 3, 2026, with record date August 20, 2026. www.globenewswire.com
  • [○ 1 SOURCE] Kinross Gold's Q2 free cash flow fell to $726.8 million from $837.5 million, ending four consecutive record quarters. thedeepdive.ca