Company Overview
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America. The company explores for silver and gold deposits. Its projects include the San Dimas silver/gold mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena silver/gold mine that covers an area of approximately 102,244 hectares located in Sonora State, Mexico; the Los Gatos Silver Mine covering an area of approximately 103,000 hectares located in Chihuahua, Mexico; and the La Encantada silver mine that covers an area of approximately 4,076 hectares located in Coahuila State, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Why Investors Should Care
Revenue has grown at a 26.4% CAGR over the past five years.
Maintains a net profit margin of 21.2%.
Carries low leverage with a debt-to-equity ratio of 0.10.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $1.27B (+124.5% YoY); net profit $164.92M.
- Trailing 12 Months Year-on-year growth — revenue +57.3%, earnings +102.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 26.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 26.37% |
| 1 Year: | 57.30% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | 102.40% |
Stock Price Performance
| 1 Year: | +132.37% |
| 6 Months: | -20.48% |
| 3 Months: | +20.95% |
| 1 Month: | +12.86% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)56.64 · Neutral
P/E of 29.64 is above the sector median of 22.16 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 21.2%.
- Compounding revenue at 26.4% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 35.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AG First Majestic Silver Corp. | 20.75 | 29.64 | $10.23B | 0.29% | 8.26% | 13.43% | 26.37% | - |
| 2 | LIN Linde plc NDXSPXR3K | 468.38 | 30.22 | $215.91B | 1.40% | 12.46% | 18.40% | 13.90% | 18.47% |
| 3 | SCCO Southern Copper Corporation R3K | 208.56 | 31.27 | $176.10B | 2.24% | 36.40% | 49.90% | 8.32% | 3.80% |
| 4 | NEM Newmont Corporation SPXR3K | 127.09 | 16.01 | $133.91B | 0.84% | - | 25.91% | 6.53% | 20.15% |
| 5 | RIO Rio Tinto Group | 103.83 | 14.07 | $130.27B | 4.78% | 13.65% | 19.31% | 1.24% | -7.00% |
| 6 | FCX Freeport-McMoRan Inc. SPXR3K | 76.62 | 37.56 | $110.03B | 0.78% | 12.50% | 14.75% | 1.35% | -1.26% |
| 7 | AEM Agnico Eagle Mines Limited | 201.84 | 17.27 | $102.20B | 0.88% | 19.78% | 22.97% | 27.53% | 88.11% |
| 8 | SHW The Sherwin-Williams Company SPXR3K | 326.09 | 30.05 | $79.16B | 1.00% | 21.93% | 65.12% | 6.18% | 8.26% |
| 9 | ECL Ecolab Inc. SPXR3K | 278.11 | 37.33 | $77.96B | 1.05% | 15.10% | 21.96% | 6.55% | 9.74% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 264.73M | 286.72M | 467.72M | 480.94M | 414.24M |
| Cost of Revenue | - | - | 215.38M | 187.64M | 229.91M | 214.34M | 190.62M |
| Gross Profit | - | - | 49.35M | 99.08M | 237.81M | 266.60M | 223.62M |
| Operating Expenses | - | - | 24.42M | 22.21M | 27.55M | 30.62M | 25.04M |
| Operating Income | - | - | 24.93M | 76.87M | 210.26M | 235.98M | 198.58M |
| EBITDA | - | - | 117.09M | 125.84M | 335.65M | 303.97M | 249.51M |
| Interest Expense | - | - | 5.01M | 4.33M | 1.24M | 6.56M | 6.77M |
| Pretax Income | - | - | 38.02M | 66.32M | 261.64M | 240.99M | 193.96M |
| Tax Provision | - | - | -18.56M | 23.36M | 156.45M | 93.50M | 68.07M |
| Net Income | - | - | 56.58M | 26.98M | 83.13M | 147.49M | 125.89M |
| Diluted EPS | - | 0.01 | 0.11 | 0.06 | - | 0.26 | 0.22 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 626.85M | 576.38M | 563.63M | 1.27B |
| Cost of Revenue | - | 610.10M | 550.74M | 471.73M | 815.11M |
| Gross Profit | - | 16.75M | 25.64M | 91.90M | 450.05M |
| Operating Expenses | - | 68.36M | 82.30M | 86.36M | 100.11M |
| Operating Income | - | -51.61M | -56.66M | 5.54M | 349.93M |
| EBITDA | - | 88.95M | -54.50M | 114.47M | 674.62M |
| Interest Expense | - | 12.94M | 15.25M | 15.44M | 14.80M |
| Pretax Income | - | -61.40M | -195.91M | -26.45M | 395.03M |
| Tax Provision | - | 52.87M | -60.80M | 75.43M | 184.05M |
| Net Income | - | -114.28M | -135.11M | -101.89M | 164.92M |
| Diluted EPS | - | -0.43 | -0.48 | -0.34 | 0.34 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 2.11B | 1.98B | 1.98B | 4.69B |
| Current Assets | - | 370.29M | 309.06M | 368.82M | 1.19B |
| Cash & Equivalents | - | 151.44M | 125.58M | 202.18M | 793.43M |
| Inventory | - | 64.76M | 63.69M | 62.52M | 84.75M |
| Receivables | - | 8.60M | 10.10M | 12.30M | 86.36M |
| Total Liabilities | - | 698.71M | 618.24M | 628.72M | 1.52B |
| Current Liabilities | - | 167.40M | 120.14M | 144.31M | 459.14M |
| Long Term Debt | - | 209.81M | 218.98M | 208.66M | 291.73M |
| Total Debt | - | 247.94M | 256.51M | 237.02M | 308.74M |
| Total Equity | - | 1.41B | 1.36B | 1.35B | 2.76B |
| Shares Outstanding | - | 274.49M | 287.15M | 301.86M | 491.32M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 18.99M | 55.61M | 151.97M | 526.01M |
| Investing Cash Flow | - | -213.80M | -154.00M | -114.16M | -28.18M |
| Financing Cash Flow | - | 113.89M | 64.65M | 42.41M | 88.61M |
| Capital Expenditure | - | -217.68M | -145.98M | -115.12M | -215.66M |
| Free Cash Flow | - | -198.69M | -90.37M | 36.85M | 310.35M |
| Net Change in Cash | - | -80.92M | -33.74M | 80.22M | 586.45M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 2.7% | 4.4% | 16.3% | 35.6% |
| Operating Margin % | - | -8.2% | -9.8% | 1.0% | 27.7% |
| Net Margin % | - | -18.2% | -23.4% | -18.1% | 13.0% |
| ROE % | - | -8.1% | -9.9% | -7.5% | 6.0% |
| ROCE % | - | -2.7% | -3.1% | 0.3% | 8.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Van Eck Associates Corporation | 7.24% | 35.67M | $707.66M |
| 2 | Tidal Investments LLC | 3.99% | 19.68M | $390.43M |
| 3 | Mirae Asset Global ETFs Holdings Ltd. | 3.32% | 16.36M | $324.66M |
| 4 | Vanguard Capital Management LLC | 2.74% | 13.50M | $267.89M |
| 5 | Jupiter Asset Management Limited | 2.08% | 10.23M | $202.94M |
| 6 | Alps Advisors Inc. | 1.87% | 9.21M | $182.69M |
| 7 | Citadel Advisors Llc | 1.61% | 7.95M | $157.81M |
| 8 | Morgan Stanley | 1.44% | 7.08M | $140.42M |
| 9 | Lingotto Investment Management LLP | 1.08% | 5.33M | $105.84M |
| 10 | Vanguard Fiduciary Trust Co | 0.87% | 4.31M | $85.44M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AG
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First Majestic Silver (TSX:AG) Stock Looks Fully Priced As Cash Flow Jumps】
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First Majestic Files NI 43-101 Technical Report for the Los Gatos Silver Mine
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has filed a technical report for its Los Gatos …
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AG — Frequently Asked Questions
What is the current share price of First Majestic Silver Corp. (AG)?
As of 2026-09-19 21:16 PDT, First Majestic Silver Corp. (AG) trades at $20.75 on NYSE. Its 52-week range is $8.34 to $31.96.
What is the market capitalisation of AG?
First Majestic Silver Corp. (AG) has a market capitalisation of $10.23B on NYSE.
What is the P/E ratio of AG?
AG trades at a trailing price-to-earnings (P/E) ratio of 29.64. The industry average P/E is 22.16. Its price-to-book (P/B) ratio is 3.52.
Does AG pay a dividend?
First Majestic Silver Corp. (AG) currently offers a dividend yield of 0.29%.
What is the return on equity (ROE) of AG?
AG has a return on equity (ROE) of 13.43%. Its return on capital employed (ROCE) is 8.26%.
Is AG a good stock to buy?
This page provides a data-driven analysis of First Majestic Silver Corp. (AG), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.