Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

Logo
AG US​

First Majestic Silver Corp(AG US)

$14.77-0.352.31%Ext:$14.91+0.140.93%(Market Closed · 23:56:16 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

First Majestic Silver Corp — Company Profile

First Majestic Silver Corp. is a North American mining company dedicated to the exploration, acquisition, development, and operation of mineral properties, primarily concentrating on silver and gold output. The company fully owns and operates a portfolio of significant mining assets. In Mexico, these include the San Dimas Silver/Gold Mine (71,868 hectares in Durango and Sinaloa), the Santa Elena Silver/Gold Mine (102,244 hectares in Sonora), the La Encantada Silver Mine (4,076 hectares in Coahuila, complemented by 1,343 hectares of surface rights), the La Parrilla Silver Mine (69,478 hectares in Durango), the Del Toro Silver Mine (comprising 3,815 hectares of mining concessions and 219 hectares of surface rights in Zacatecas), the San Martin Silver Mine (12,795 hectares across 33 mining concessions in Jalisco), and the La Guitarra Silver Mine (39,714 hectares). Beyond Mexico, its holdings extend to the Jerritt Canyon gold mine, spanning approximately 30,821 hectares in Elko County, Nevada. Additionally, First Majestic maintains an interest in the Springpole project, a gold and silver prospect encompassing around 41,913 hectares in Ontario, Canada. Established in 1979, the firm initially operated as First Majestic Resource Corp. before adopting its current name, First Majestic Silver Corp., in November 2006. Its corporate headquarters are located in Vancouver, Canada.

Sector
Basic Materials
Industry
Silver
Exchange
UN
CEO
Keith N. Neumeyer
Headquarters
Vancouver, A1, CA
IPO Date
Nov 28, 2006
Employees
4,000
Website
www.firstmajestic.com

Key Metrics

Price
$17.67
Market Cap
$8.71B
Revenue (TTM)
$470.07M
Net Income (TTM)
$126.32M
EPS (TTM)
0.26
P/E (TTM)
29.60
P/B (TTM)
3.00
Dividend Yield
17.75%
ROE (TTM)
4.35%
ROA (TTM)
2.61%
Operating Margin
49.51%
Beta
2.56

Dividends

Last Dividend
$0.02
Last Yield
0.18%

Summary

First Majestic Silver Corp. is a North American mining company dedicated to the exploration, acquisition, development, and operation of mineral properties, primarily concentrating on silver and gold output. The company fully owns and operates a portfolio of significant mining assets. In Mexico, these include the San Dimas Silver/Gold Mine (71,868 hectares in Durango and Sinaloa), the Santa Elena Silver/Gold Mine (102,244 hectares in Sonora), the La Encantada Silver Mine (4,076 hectares in Coahuila, complemented by 1,343 hectares of surface rights), the La Parrilla Silver Mine (69,478 hectares in Durango), the Del Toro Silver Mine (comprising 3,815 hectares of mining concessions and 219 hectares of surface rights in Zacatecas), the San Martin Silver Mine (12,795 hectares across 33 mining concessions in Jalisco), and the La Guitarra Silver Mine (39,714 hectares). Beyond Mexico, its holdings extend to the Jerritt Canyon gold mine, spanning approximately 30,821 hectares in Elko County, Nevada. Additionally, First Majestic maintains an interest in the Springpole project, a gold and silver prospect encompassing around 41,913 hectares in Ontario, Canada. Established in 1979, the firm initially operated as First Majestic Resource Corp. before adopting its current name, First Majestic Silver Corp., in November 2006. Its corporate headquarters are located in Vancouver, Canada.

Website
www.firstmajestic.com
Location
Vancouver, A1, CA
Phone16046883033
Employees4,000
CEOKeith N. Neumeyer
SectorBasic Materials
Industry
Silver
IPO DateNov 28, 2006

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(574)

Expand
  • 6-KCurrent report (foreign private issuer)13 Oct
  • 6-KCurrent report (foreign private issuer)8 Oct
  • 6-KCurrent report (foreign private issuer)9 Sep
  • 6-KCurrent report (foreign private issuer)25 Aug
  • SC 13G/AFIRST MAJESTIC SILVER CORP14 Aug
  • SDSD31 Jul
  • 6-KCurrent report (foreign private issuer)30 Jul
  • 6-KCurrent report (foreign private issuer)30 Jul
  • 6-KCurrent report (foreign private issuer)8 Jul
  • 6-KCurrent report (foreign private issuer)7 Jul
  • 6-KCurrent report (foreign private issuer)25 Jun
  • 6-KCurrent report (foreign private issuer)22 Jun
  • 6-KCurrent report (foreign private issuer)10 Jun
  • 6-KCurrent report (foreign private issuer)12 May
  • 6-KCurrent report (foreign private issuer)29 Apr
  • 6-KCurrent report (foreign private issuer)29 Apr
  • 6-KCurrent report (foreign private issuer)9 Apr
  • 6-KCurrent report (foreign private issuer)2 Apr
  • 6-KCurrent report (foreign private issuer)1 Apr
  • 40-FFY 2025ended 31 Dec 202531 Mar

News

  • Avalon Rare Metals (OTCMKTS:AVLNF) vs. First Majestic Silver (NYSE:AG) Critical Survey17 Oct
  • First Majestic Announces Temporary Suspension of NAFTA Arbitration Proceedings as Settlement Framework Agreed to with Mexico13 Oct
  • First Majestic's Silver Production Decreases 11% Y/Y in Q312 Oct
  • Fortuna Mining's Q3 Gold-Equivalent Production Dips Sequentially12 Oct
  • First Majestic Silver Corp. (NYSE:AG) Stock Has Average Price Target of $24.7512 Oct
  • First Majestic Reports Q3 2026 Production Results, Announces Q3 Conference Call Details and Renewal of Share Repurchase Program8 Oct
  • Can First Majestic Meet Its Upbeat 2026 Production Guidance?6 Oct
  • Analyzing Vox Royalty (NASDAQ:VOXR) and First Majestic Silver (NYSE:AG)4 Oct
  • Implied Volatility Surging for First Majestic Silver Stock Options29 Sep
  • First Majestic Silver Eyes Growth, Jerritt Canyon Restart as Silver Deficit Deepens29 Sep
  • First Majestic Silver Eyes Growth, Jerritt Canyon Restart as Silver Deficit Deepens28 Sep
  • First Majestic Silver Corp. (TSE:AG) Given Average Recommendation of “Buy” by Analysts22 Sep
  • First Majestic Silver Corp: $1 Billion Treasury Could Facilitate More Exciting Merger Activity21 Sep
  • First Majestic's 2026 Outlook: Silver Production Targets Continued Scale Post-Acquisition21 Sep
  • Gold, Silver Gain as Oil Prices Ease & Dollar Weakens: 4 Stocks to Watch18 Sep
  • Silver Miners Are Sitting on Record Cash Hoard — More Than Double the 2011 Rally14 Sep
  • First Majestic Reports High-Grade Drill Results and Expands Exploration Footprint at San Dimas9 Sep
  • First Majestic: Closer To Fair Value (Upgrade To Hold)31 Aug
  • Is the Options Market Predicting a Spike in First Majestic Silver Stock?28 Aug
  • First Majestic Files NI 43-101 Technical Report for the Los Gatos Silver Mine25 Aug

Mentions in Filings

  • … xemption under securities legislation and, in each case, that was in effect for a period of more than 30 consecutive days. Mr. Dale Andres was the CEO of Gatos Silver, Inc. (“Gatos”) prior to its acquisition by <strong>First Majestic Silver Corp</strong>. in early 2025. A management cease trade order (“MCTO”) was granted by the Ontario Securities Commission (the “OSC”) in respect of Gatos on April 1, 2022. The OSC granted additional MCTOs on April 12, 2022 and J …
    VISTA GOLD CORPFirst Majestic Silver Corp·PREM14A - Preliminary proxy statement (merger)·Q4 26·19 Oct
  • … ody that would likely be considered important to a reasonable securityholder in deciding whether to vote for a proposed director. ​ F-17 --- TABLE OF CONTENTS Mr. Muñiz serves as a non-executive director of <strong>First Majestic Silver Corp</strong>., and served as a non-executive director of Gatos Silver Inc. (“Gatos”) prior to its acquisition by First Majestic Silver Corp. on January 16, 2025. On March 18, 2022, Gatos announced a delay in the filing of it …
    NOVAGOLD RESOURCES INCFirst Majestic Silver Corp·DEFM14A - Definitive proxy statement (merger)·Q4 26·5 Oct
  • … ine Fault Zone in the prolific Abitibi region. First Mining also owns a 20% project interest in the Pickle Crow Gold Project in Ontario and large equity interest in Seva Mining Corp. First Mining was established in 2015 by Mr. Keith Neumeyer, founder and CEO of <strong>First Majestic Silver Corp</strong>. **ON BEHALF OF FIRST MINING GOLD CORP.** Daniel W. Wilton *Chief Executive Officer and Director* ***Cautionary Note Regarding Forward-Looking Statements***
    First Mining Gold Corp.First Majestic Silver Corp·EX-99.1 - 6-K - NEWS RELEASE DATED SEPTEMBER 24, 2026·Q3 26·24 Sep
  • … t Mining also owns a 20% project interest in the Pickle Crow Gold Project in Ontario and large equity interest in Seva Mining Corp. First Mining was established in 2015 by Mr. Keith Neumeyer, founder and CEO of <strong>First Majestic Silver Corp</strong>. **ON BEHALF OF FIRST MINING GOLD CORP.** Daniel W. Wilton *Chief Executive Officer and Director* ***Cautionary Note Regarding Forward-Looking Statements*** *This news release includes certain "forward-look …
    First Mining Gold Corp.First Majestic Silver Corp·EX-99.1 - 6-K - NEWS RELEASE DATED SEPTEMBER 14, 2026·Q3 26·14 Sep
  • Mr. Erfan also served as a non-executive director of Gatos prior to its acquisition by <strong>First Majestic Silver Corp</strong>. on January 16, 2025. On March 18, 2022, Gatos announced a delay in the filing of its annual report on Form 10-K for the year ended December 31, 2021, and the CEO and CFO certificates relating to the annual filings beyond the prescribed deadline. On May 13, 2022, August 5, 2022 and November 11, 2022, Gatos announced a delay in the fil …
    NOVAGOLD RESOURCES INCFirst Majestic Silver Corp·PREM14A - Preliminary proxy statement (merger)·Q4 26·11 Sep
  • … e Fault Zone in the prolific Abitibi region. First Mining also owns a 20% project interest in the Pickle Crow Gold Project in Ontario and a large equity interest in Seva Mining Corp. First Mining was established in 2015 by Mr. Keith Neumeyer, founder and CEO of <strong>First Majestic Silver Corp</strong>. **ON BEHALF OF FIRST MINING GOLD CORP.** Daniel W. Wilton *Chief Executive Officer and Director* ***Cautionary Note Regarding Forward-Looking Statements***
    First Mining Gold Corp.First Majestic Silver Corp·EX-99.1 - 6-K - NEWS RELEASE DATED SEPTEMBER 10, 2026·Q3 26·10 Sep

Key Stats

Trading

Px/Chg 1D$17.67 / +0.06%
Prev Close$20.97
% of 52Wk H64.78%
Avg Volume16.54M
Beta2.56
Mkt Cap8.71B
FD Mkt Cap10.23B

Float

Shrs Out/Float493.03M / 487.51M
Short Float0.04%
Days to Cover1.50
Stock Repurchased$0.00

Current Valuation

EV8.46B
EV/EBITDA9.49
EV/Sales5.67
P/B3.00
P/S5.84
FCF Yield2.12%
ROE4.35%
ROA2.61%
Current Ratio2.73

Dividend

Cash$0.02
Yield17.75%
Yield (TTM)17.75%

Estimates

P/E29.60
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24Apr '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings30.97-15.93-15.15-18.25137.2566.92
Price / Sales10.472.903.553.3224.5917.98
Price / Book Value2.261.291.511.384.202.91
Price / Free Cash Flow22.17-9.28-20.4250.4544.3545.77
ENTERPRISE VALUE METRICS
Enterprise Value5,142.01,917.22,177.41,893.411,518.38,203.5
Enterprise Value / Sales10.423.063.783.3824.4517.45
Enterprise Value / EBITDA11.6121.55-39.9616.0333.2327.17
Enterprise Value / EBIT-31.16-39.56-12.05-180.5342.6733.68

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue21.5%587.2626.9576.4560.61,279.2
Gross Income44.8%101.416.825.6192.2445.3
EBITDA45.4%156.188.9-54.5118.1697.7
EBIT82.2%37.8-48.5-180.7-10.5417.0
Net Income—-4.9-114.3-135.1-101.9167.8
EPS (Diluted)—-0.02-0.43-0.49-0.340.35
BALANCE SHEET
Cash & ST Inv38.5%264.4186.0188.0252.0972.0
Total Assets21.9%2,125.02,110.01,976.41,979.84,686.4
Total Liabilities20.8%714.0698.7618.2628.71,519.2
Total Shareholder Equity18.2%1,411.01,411.31,358.11,351.12,756.0
CASH FLOW
Net Operating Cash Flow69.4%68.712.948.4152.0565.9
Cap Ex3.2%-189.0-209.1-148.7-115.1-214.3
Free Cash Flow—-120.2-196.2-100.336.8351.6

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)14.86
Basic Shares493.03
Market Cap7,323.9
Diluted Shares501.77
Fully Diluted Shares Outstanding501.77
Fully Diluted Market Cap7,453.7
+Consolidated Debt315.1
−In-the-Money Convertible Debt—
+Capital Leases7.1
+Operating Leases—
−Cash & Equivalents-988.1
−Short-term Investments-156.5
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest423.5
+Pension Liabilities—
Enterprise Value7,074.4

Related companies

NEWMONT Corp /DE/

NEM US

Agnico Eagle Mines Ltd

AEM US

Barrick Mining Corp

B US

Wheaton Precious Metals Corp.

WPM US

FRANCO NEVADA Corp

FNV US

Gold Fields Ltd

GFI US

Fresnillo PLC

FNLPF US

PJSC Mining and Metallurgical Company Norilsk Nickel

GMKN RX

Industrias Peñoles, S.A.B. de C.V.

IPOAF US

Pan American Silver Corp

PAAS US

Shandong Gold Mining Co., Ltd.

600547 CG

Evolution Mining Limited/ADR

CAHPF US