
First Majestic lifts its 2026 production outlook after Q2 silver output rises 3% y/y, backed by strong mine performance and higher guidance across key assets.
First Majestic Silver Corp. The company is headquartered in Vancouver, Canada.
| Revenue (TTM) | $1.49B |
| Gross Profit (TTM) | $889.97M |
| EBITDA | $798.04M |
| Operating Margin | 49.50% |
| Return on Equity | 11.50% |
| Return on Assets | 7.98% |
| Revenue/Share (TTM) | $3.04 |
| Book Value | $5.86 |
| Price-to-Book | 2.95 |
| Price-to-Sales (TTM) | 5.24 |
| EV/Revenue | 5.15 |
| EV/EBITDA | 8.76 |
| Quarterly Earnings Growth (YoY) | 5069.00% |
| Quarterly Revenue Growth (YoY) | 95.40% |
| Shares Outstanding | $493.77M |
| Float | $488.15M |
| % Insiders | 1.09% |
| % Institutions | 54.92% |
Volatility is currently contracting

First Majestic lifts its 2026 production outlook after Q2 silver output rises 3% y/y, backed by strong mine performance and higher guidance across key assets.

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%.

H1 2026 turned out to be a bad one for gold mining stocks, despite a great start, because of the oil crisis that erupted in 2026. H2 2026 could be better than H1 2026 with no repeat of the big losses, but big gains will be difficult with the crisis still not fully resolved. Gold mining stocks are likely to go flattish in H2 2026, but their ability to go higher should get better longer term for multiple reasons.

Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has entered into a definitive agreement (the "Agreement") dated July 6, 2026 to sell its 100%-owned past producing San Martin Silver Mine located 250 kilometres north of Guadalajara city in Jalisco State, Mexico, in the San Martin de Bolaños mining district, ("San Martin"), to Flextronics Supply and Service, S. de R.L. de C.V ("Flextronics"), a private Mexican company, for total cash consideration of US$90 million (the "Transaction"), comprised of upfront consideration of US$2.5 million payable upon closing of the Transaction (US$500,000 of this amount has already been deposited into escrow as a deposit), and an additional US$87.5 million in future payments.

Infill drilling at Santo Niño and Navidad returns multiple significant silver and gold intercepts, including high-grade results from resource-conversion drilling. Permits received for construction of the Santo Niño and Navidad portals.

AG closes Del Toro mine sale to Sierra Madre in a cash-and-shares deal worth up to $60M, with milestone payments tied to resources and output.

First Majestic Silver (AG) is rated a buy, driven by surging cash flow from higher silver prices and upcoming gold production at Jerritt Canyon. Q1 2026 saw realized silver prices of $86.35/oz, propelling non-GAAP EPS to $1.13 annualized and a forward P/E of 15.98, slightly below sector median. Jerritt Canyon, reopening in the second half of 2026, is expected to add over 100,000 oz gold annually, diversifying AG's revenue and reducing silver price risk.

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.

Silver crossed deep into record territory this year, and the stocks levered to it have finally started catching up.

TSM, QGEN and AG recently raised dividends as inflation, rising Treasury yields and oil prices fuel market volatility and economic concerns.