WPM - First Majestic soars other miners rise as Reddit crowd takes aim at silver

First Majestic Sliver (AG) is jumping 40% in premarket trading as the WallStreetBets investors target another heavily-shorted area.A WSB post circulating on Twitter called the silver bullion market "one of the most manipulated on earth," saying it should be at $1K/oz. and a squeeze would destroy banks.The short interest in First Majestic is about 23% of the float.Other mining stocks are also active before the bell.MAG Silver (MAG) is up 8.5%, Wheaton (WPM) is up 3.5%, Hecla Mining (HL) is up 5%, Endeavour Silver (EXK) is up 6.5%, Fortuna (FSM) up 4.5% and Pan American Silver (PAAS) up 6%.Spot silver (XAGUSD:CUR) is off 0.1%.Some other favorite Reddit stocks are showing signs of waning enthusiasm, edging lower premarket.

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First Majestic soars, other miners rise as Reddit crowd takes aim at silver