AG
First Majestic SilverCDocument history
Earnings documents stored for AG.
Investor releaseQuarter not tagged2026-07-11First Majestic Silver (TSX:AG) Stock May Be A Bargain On Cash Flow Yet Fully Priced On Earnings
Simply Wall St.
First Majestic Silver (TSX:AG) Stock May Be A Bargain On Cash Flow Yet Fully Priced On Earnings
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. First Majestic Silver has delivered a strong 180.9% share price gain over the past three years, yet its valuation checks send mixed signals, with an intrinsic value estimate from a Discounted Cash Flow (DCF) model suggesting the stock trades below that estimate while market multiples point to a richer price tag. A 180.9% return over three years puts First Majestic Silver firmly in the category of stocks where investors need to ask how much of the story is already reflected in the price. Recent moves to sell non core mines and focus on core silver assets may support future cash flows, while any setbacks in executing this refocus or in the silver market backdrop could weigh on the valuation. On Simply Wall St's broader checks, First Majestic Silver screens as undervalued in 2 of 6 valuation tests, which leans more toward a stock that is not a clear bargain overall. The issue now is whether the DCF inferred discount of about 18.3% or the fuller set of valuation checks and market multiples offers the more reliable guide to what First Majestic Silver is really worth. First Majestic Silver delivered 89.8% returns over the last year. See how this stacks up to the rest of the Metals and Mining industry. The Discounted Cash Flow (DCF) approach here looks at what First Majestic Silver’s future cash flows could be worth in today’s money. On the latest twelve month numbers, the company is generating Free Cash Flow of about $448.9 million, and the 2 Stage Free Cash Flow to Equity model assumes those cash flows grow rather than shrink over the coming years before settling into a steadier phase. On those assumptions, the model arrives at an estimated intrinsic value of around CA$29.41 per share, which implies the stock trades at roughly an 18.3% discount to that figure. The recent agreement to sell the San Martin silver mine for US$90 million fits with the refocus on core assets, which helps explain why cash flow based valuations still indicate a higher value than the current share price. Overall, the DCF workup suggests First Majestic Silver stock appears undervalued relative to the cash flows currently being modeled. Our Discounted Cash Flow (DCF) analysis suggests First Majestic Silver is undervalued...
Investor releaseQuarter not tagged2026-07-08First Majestic Reports Q2 2026 Production Results; Announces Updated 2026 Production and Cost Guidance, and Q2 Conference Call Details
TMX Newsfile
First Majestic Reports Q2 2026 Production Results; Announces Updated 2026 Production and Cost Guidance, and Q2 Conference Call Details
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the second quarter of 2026 from the Company's four producing underground mines in Mexico, namely, the Santa Elena Silver/Gold Mine ("Santa Elena"), the Los Gatos Silver Mine ("Los Gatos") (the Company holds a 70% interest in the Los Gatos Joint Venture that owns the mine), the San Dimas Silver/Gold Mine ("San Dimas"), and the La Encantada Silver Mine ("La Encantada") reached 3.8 million silver ("Ag") ounces, 34,660 gold ("Au") ounces, 16.5 million pounds of zinc ("Zn"), 9.0 million pounds of lead ("Pb") and 252,938 pounds of copper ("Cu"). Q2 2026 PRODUCTION HIGHLIGHTS Silver Production (+3% Y/Y): The Company produced 3.8 million silver ounces in Q2 2026 compared to 3.7 million silver ounces produced in Q2 2025, an increase of 3%. The increase was primarily driven by strong performances at La Encantada and Santa Elena. Gold Production (+2% Y/Y): The Company produced 34,660 gold ounces in Q2 2026, a 2% increase compared to 33,865 gold ounces produced in Q2 2025. The increase in gold production was primarily driven by strong production at Santa Elena. Developments at Santa Elena: In June, the Company announced infill drilling results at the Santo Niño and Navidad targets that returned multiple silver and gold intercepts, including high-grade results from resource-conversion drilling. Additionally, the Company secured construction permits for the Santo Niño and Navidad portals and announced an additional $12 million in investments planned in 2026 to advance underground access and position the Santo Niño portal for near-term mining (see news release dated June 25, 2026). Sale of the Del Toro Silver Mine: In June, pursuant to the share purchase agreement dated December 17, 2025 between Sierra Madre and First Majestic, Sierra Madre completed its previously announced acquisition of First Majestic's 100%-owned past producing Del Toro Silver Mine located in the Municipality of Chalchihuites, Zacatecas, Mexico for total consideration of up to $60 million comprised of cash and Sierra Madre shares with upfront consideration of $30 million, which has been received, and an additional $30 million in contingent payments (see news release dated June 22, 2026). Sustainability Efforts:...
Investor releaseQuarter not tagged2026-06-25First Majestic to Invest US$12 Million in Santa Elena Expansion, Reports Positive Drill Results
MT Newswires
First Majestic to Invest US$12 Million in Santa Elena Expansion, Reports Positive Drill Results
First Majestic Silver (AG.TO, AG) said Friday it plans to invest an additional US$12 million in 2026
Investor releaseQuarter not tagged2026-06-11First Majestic Announces Voting Results from 2026 Annual General Meeting
TMX Newsfile
First Majestic Announces Voting Results from 2026 Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the voting results for its Annual General Meeting of shareholders that was held on Wednesday, June 10, 2026 in Vancouver, British Columbia (the "2026 AGM"). Each of the matters that were voted upon at the 2026 AGM are described in detail in the Company's Management Information Circular dated April 29, 2026 (the "Circular"), which is available on the Company's website at www.firstmajestic.com/investors/agm-materials/ and under the Company's profile on SEDAR+ at www.sedarplus.ca. A total of 290,164,319 common shares ("Shares") of First Majestic were represented at the 2026 AGM, representing 58.77% of the Company's issued and outstanding Shares as at April 15, 2026, the record date for the 2026 AGM. Shareholders voted in favour of all matters brought before the 2026 AGM. The specific voting results were as follows: NUMBER OF DIRECTORS ELECTION OF DIRECTORS APPOINTMENT OF AUDITOR SAY-ON-PAY (non-binding advisory vote) APPROVAL OF UNALLOCATED ENTITLEMENTS AWARDED UNDER LTIP ABOUT FIRST MAJESTIC First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine located in northeastern Nevada, U.S.A., which the Company is currently in the process of re-starting. First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available. For further information, contact [email protected], visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807. FIRST MAJESTIC SILVER CORP. "signed" Keith Neumeyer, CEO Cautionary Note Regarding Forward Looking Statements This news release contains "forward‐...
Investor releaseQuarter not tagged2026-05-29First Majestic Silver Corp. (AG) Announces Q1 2026 Results
Insider Monkey
First Majestic Silver Corp. (AG) Announces Q1 2026 Results
First Majestic Silver Corp. (NYSE:AG) is among the Best Performing Stocks. On May 12, First Majestic Silver Corp. (NYSE:AG) reported Q1 revenue rising 95% YoY to $476.7 million because of higher realized silver and gold prices. The company had net earnings of $128.1 million, or $0.26 per share, as well as adjusted net earnings of $151.7 million, or $0.31 per share. Free cash flow reached $223.5 million after paying $95.5 million in taxes. Operating cash flow before working capital and taxes climbed to $310.6 million, jumping 182% year over year, while EBITDA grew to $306.8 million. Mine operating earnings jumped to $266.6 million while throughput increased by 12%, which helped improve the lower cut-off grades, the firm said. It declared a quarterly dividend of $0.0171 per share, nearly four times higher YoY. The costs are expected to drop in the second half of the year. First Majestic Silver Corp. (NYSE:AG) operates mineral properties in North America, with a concentration on silver and gold production. While we acknowledge the potential of AG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
Investor releaseQuarter not tagged2026-05-13First Majestic Silver Corp (AG) Q1 2026 Earnings Call Highlights: Record Revenue and Strategic ...
GuruFocus.com
First Majestic Silver Corp (AG) Q1 2026 Earnings Call Highlights: Record Revenue and Strategic ...
This article first appeared on GuruFocus. Silver Production: 3.5 million ounces, 26% of 2026 midpoint guidance. Gold Production: 28% of 2026 midpoint guidance. Average Realized Silver Price: $86.35, compared to $33.10 in Q1 2025. Revenue: $477 million, up 95% year-over-year. Operating Cash Flow: $311 million, $0.63 per share. Free Cash Flow: $224 million. Dividend: $0.0171 per share, 4x the size of last year's dividend. Margins: Increased from $13 per ounce in Q1 2025 to $52 per ounce in Q1 2026. Cost per Tonne: $170, the lowest in recent periods. Cash and Treasury: Over $1.1 billion. Exploration Program: 266,000 meters of exploration drilling planned, plus 42,000 meters at Jerritt Canyon. Santa Elena Expansion: Mill expansion to 3,500 tonnes per day by H2 2026. Jerritt Canyon Gold Reserves: 7.8 million ounces. Warning! GuruFocus has detected 2 Warning Sign with AG. Is AG fairly valued? Test your thesis with our free DCF calculator. Release Date: May 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. First Majestic Silver Corp (NYSE:AG) reported record revenues of $477 million, a 95% increase compared to the previous year. The company produced 3.5 million ounces of silver and exceeded its midpoint guidance for both silver and gold production. Operating cash flows reached $311 million, translating to $0.63 per share, indicating strong financial performance. The company announced its largest dividend ever, quadrupling last year's dividend, reflecting its improved financial health. First Majestic Silver Corp (NYSE:AG) has a robust exploration program with over 300,000 meters of drilling planned for the year, indicating a strong focus on future growth. The company's production costs increased due to higher throughput and changes in mining methods, affecting overall cost efficiency. Despite record revenues, the company held back 676,000 ounces of silver and 2,700 ounces of gold, which were not included in revenue, potentially impacting short-term profitability. The all-in sustaining cost per ounce increased due to changes in price ratios and higher taxes and bonuses, affecting profit margins. There was a minor collapse at the Los Gatos mine, causing a 2.5-day operational disruption, although it was not deemed material. The company faces challenges with labor and staffing, particularly at the Jerritt Canyo...
Investor releaseQuarter not tagged2026-05-13Why First Majestic Silver (TSX:AG) Is Up 27.4% After Earnings Beat, Dividend Hike And Expansion Update
Simply Wall St.
Why First Majestic Silver (TSX:AG) Is Up 27.4% After Earnings Beat, Dividend Hike And Expansion Update
First Majestic Silver Corp. reported past first-quarter 2026 results with sales of US$476.67 million and net income of US$128.1 million, alongside sharply higher earnings per share from continuing operations versus a year earlier. The quarter also featured a substantially increased dividend, new senior operational appointments, and updates on major expansion and exploration programs, reshaping how investors assess the company’s growth and capital allocation. We’ll now examine how this strong earnings beat and dividend increase could influence First Majestic Silver’s previously outlined investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 15 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own First Majestic Silver, you generally need to believe in its ability to turn strong silver prices and operating leverage into sustainable cash generation while funding heavy growth projects. The latest Q1 2026 beat, driven by record sales and higher margins, supports near term confidence in that thesis, but it does not remove the key risk that rising operating and capital costs across its mines could squeeze profitability if pricing or production weakens. Among recent announcements, the significantly higher Q1 2026 dividend stands out in light of these results. It signals management’s willingness to share more of the current cash flow with shareholders while it continues to invest heavily in expansions at Santa Elena and Los Gatos and the planned restart of Jerritt Canyon. For investors, that combination of higher capital spending and a richer payout raises the importance of monitoring the company’s cost profile and balance sheet flexibility. Yet, beneath the strong quarter, investors should be aware of rising cost pressures and concentrated mine exposure that could... Read the full narrative on First Majestic Silver (it's free!) First Majestic Silver's narrative projects $1.6 billion revenue and $421.0 million earnings by 2029. This requires 9.0% yearly revenue growth and a $256.1 million earnings increase from $164.9 million today. Uncover how First Majestic Silver's forecasts yield a CA$40.00 fair value, a 20% upside to its current price. The most cautious...
Investor releaseQuarter not tagged2026-05-13First Majestic Silver Q1 Earnings Call Highlights
MarketBeat
First Majestic Silver Q1 Earnings Call Highlights
Interested in First Majestic Silver Corp.? Here are five stocks we like better. First Majestic Silver delivered a strong Q1, producing 3.5 million ounces of silver and reporting record revenue of $477 million, up 95% year over year. Operating cash flow reached $311 million and free cash flow was $224 million despite a $95 million tax payment in Mexico. Higher silver prices drove a major margin expansion, with average realized silver prices rising to $86.35 per ounce from $33.10 a year earlier. Management said margins improved to $52 per ounce, and the company ended the quarter with more than $1.1 billion in treasury assets. The company raised its dividend to $0.0171 per share and is pushing ahead with growth projects, including mine expansions, a 300,000-meter-plus exploration program, and a targeted 2027 restart at Jerritt Canyon. Management said the restart remains on track and that second-quarter trends look strong. Silver Hits $95—These 3 Miners Could Outrun the Metal First Majestic Silver (NYSE:AG) reported what Chief Executive Officer Keith Neumeyer described as an “exceptionally good” first quarter, with production ahead of the midpoint of guidance and record revenue driven by higher realized silver prices and stronger margins. On the company’s quarterly conference call, Neumeyer said First Majestic produced 3.5 million ounces of silver in the period, representing 26% of the midpoint of 2026 guidance. Gold production came in at 28% of the midpoint of guidance. He said both metals were tracking above the company’s current midpoint guidance to start the year. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum The Metals Market Is Heating Up—4 Stocks Poised to Shine Neumeyer said First Majestic recorded revenue of $477 million, up 95% from a year earlier, while operating cash flow totaled $311 million, or $0.63 per share. He said free cash flow was $224 million, despite a $95 million tax payment in January related to 2025 income taxes in Mexico. The company’s average realized silver price was $86.35, compared with $33.10 in the prior-year quarter, Neumeyer said. First Majestic also held back 676,000 ounces of silver and 2,700 ounces of gold in inventory at the end of the quarter, with a stated value of $63 million. → MercadoLibre Boldly Invests in Growth: Discount Deepens Can Gold Mining Stocks Shine as the Metals Rally Falters? “If we'd so...
Investor releaseQuarter not tagged2026-05-13First Majestic (AG) Q1 2026 Earnings Transcript
Motley Fool
First Majestic (AG) Q1 2026 Earnings Transcript
Image source: The Motley Fool. Tuesday, May 12, 2026 at 11:30 a.m. ET President and Chief Executive Officer — Keith N. Neumeyer Chief Financial Officer — Samir Devendra Patel Chief Operating Officer — David Howe Managing Director, Jerritt Canyon — Alexander Thompson Vice President, Investor Relations — Darrell Rae Director, First Mint — Mani Alkhafaji Samir Devendra Patel: Thank you. Before we begin today's call, I would like to remind you that we will be referring to certain non-IFRS measures making certain statements regarding First Majestic Silver and its operations that constitute forward looking statements in accordance with applicable Canadian and U. S. Securities laws. All statements that are not historical facts, such as statements regarding future estimates and plans, or expectations of future performance constitute forward looking statements. That reflect the company's current views with respect to future events. These statements are necessarily based upon a number of assumptions and estimates that while considered reasonable by the company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. We encourage you to refer to the cautionary language included in our news release that was disseminated earlier this morning and the disclosure on non IFRS measures in our most recently filed management's discussion and analysis as well as the risk factors set out in our most recently filed annual information form. As a reminder, these documents along with all of our continuous disclosure documents are available on SEDAR plus and on EDGAR. reliance on any forward looking statements made during today's call. The company does not intend or assume any obligation to update these forward looking statements or information. Other than as required by law. With that, I will turn the call back to Keith. Keith N. Neumeyer: Okay. Thanks, Samir. A couple of things on our management changes. Steven C. Holmes has been with the company for 6 years, and he is been extremely instrumental in, positioning the company where it is today. Much of the improvements that the business has experienced over the last few years has been a result of Steven efforts. And we are sad to see him go, but at the same time, it is, time for him to retire, and we wish him the best in his future travel experiences with his wife an...
Investor releaseQuarter not tagged2026-05-12First Majestic Silver's Q1 Adjusted Earnings, Revenue Rise; Shares Down Pre-Bell
MT Newswires
First Majestic Silver's Q1 Adjusted Earnings, Revenue Rise; Shares Down Pre-Bell
First Majestic Silver (AG) reported Q1 adjusted earnings Tuesday of $0.31 per diluted share, up from
Investor releaseQuarter not tagged2026-05-12Is First Majestic Silver a Buy After Their Latest Earnings Report?
Motley Fool
Is First Majestic Silver a Buy After Their Latest Earnings Report?
First Majestic Silver (NYSE: AG) recently reported its first-quarter results. The silver mining company delivered surging revenue and profitability, driven by significantly higher silver and gold prices. Those higher prices more than offset the impact of lower production and higher costs. Here's a look at whether the silver stock is a buy after its earnings report. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » First Majestic Silver achieved record quarterly revenue of $476.7 million, a 95% increase from the first quarter of last year. That's its fifth straight quarterly revenue record. Overall, 66% of its revenue came from silver, the highest percentage in its peer group. Meanwhile, the company's adjusted net earnings rocketed from $20.9 million in the first quarter of last year to $151.7 million in the first quarter of this year. First Majestic Silver also delivered a 182% increase in its cash flow from operations to $310.6 million and generated $223.5 million in free cash flow, up from $43.5 million last year. The company's strong cash flows enabled it to strengthen its balance sheet to a record $1.1 billion treasury position, up 20%, while also increasing its quarterly dividend by 280%. First Majestic's new dividend policy is to pay out 2% of its net quarterly revenues. The company's revenue and profits surged even though its silver and gold production declined by 4% and 6%, respectively, due to lower grades milled. First Majestic also experienced a significant uptick in costs -- its all-in sustaining cost per silver ounce equivalent rose 55% -- due to higher variable costs, including royalties and worker production bonuses. It more than offset the headwinds from higher costs and lower production, thanks to higher silver and gold prices. While silver and gold prices have surged over the past year, they've come down from their peaks. Silver has rocketed more than 150% over the last year to around $85 an ounce, though that's well below its height of nearly $122 an ounce. Meanwhile, gold surged nearly 45% to its recent level of around $4,700 an ounce, though that's down from its 52-week high of more than $5,625 an ounce. Investor demand for precious metals has surged due to inflationary...
Investor releaseQuarter not tagged2026-05-12First Majestic: Q1 Earnings Snapshot
Associated Press
First Majestic: Q1 Earnings Snapshot
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — First Majestic Silver Corp. (AG) on Tuesday reported first-quarter net income of $128.1 million. The Vancouver, British Columbia-based company said it had profit of 26 cents per share. Earnings, adjusted for non-recurring costs, were 31 cents per share. The silver miner posted revenue of $476.7 million in the period. First Majestic shares have climbed 42% since the beginning of the year. The stock has nearly quadrupled in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AG at https://www.zacks.com/ap/AG

