First Majestic Stock Price, News & Analysis

First Majestic Silver (NYSE: AG) sold 37,600,000 Silver Storm shares on October 7, 2025 at CAD$0.2318 per share for gross proceeds of CAD$8,715,680.

Before the sale First Majestic held 178,349,350 shares (≈24.16% non-diluted; ≈26.71% partially diluted). After the sale it holds 140,749,350 shares (≈19.07% non-diluted; ≈21.79% partially diluted). All Silver Storm securities are held for investment and ownership percentages are based on issued shares as of October 6, 2025.

First Majestic Silver (NYSE: AG) has announced significant exploration results from its Los Gatos Silver Mine in Chihuahua, Mexico. The drilling program revealed substantial silver and base metal mineralization across three zones: South-East Deeps, Central Deeps, and North-West Deeps.

Notable intercepts include high-grade findings in the South-East Deeps zone with up to 1,080 g/t AgEq (silver equivalent) over 1.6 meters, and in the Central Deeps zone with up to 1,013 g/t AgEq over 1.9 meters. The program successfully extended known mineralization along plunge in the southeast portion of the vein system and confirmed new mineralization in the Central and North-West zones.

These results were not included in the Company's year-end Mineral Reserve and Mineral Resource Estimates, suggesting potential for meaningful resource growth at Los Gatos.

First Majestic Silver (NYSE: AG) has announced positive drilling results from its ongoing exploration program at the San Dimas Silver/Gold Mine in Durango, Mexico. The program has revealed significant high-grade silver and gold mineralization across multiple veins, including Sinaloa-Elia, Roberta, Santa Teresa, and the newly discovered Coronado vein.

Key highlights include intersections of 15.93 g/t Au and 1,112 g/t Ag over 3.57 meters at Elia vein, 7.66 g/t Au and 495 g/t Ag over 5.17 meters at Sinaloa vein, and 9.65 g/t Au and 121 g/t Ag over 2.53 meters at Santa Teresa vein. The discovery of the Coronado vein in the West Block represents a significant new target with potential for additional mineral resources.

First Majestic Silver (NYSE:AG) reported record-breaking Q2 2025 financial results, with revenue surging 94% year-over-year to $264.2 million. The company achieved significant production growth, with silver equivalent production increasing 48% to 7.9 million ounces. Net earnings reached $56.6 million (EPS: $0.11), a dramatic improvement from a $48.3 million loss in Q2 2024.

Key financial highlights include record EBITDA of $119.9 million and record free cash flow of $77.9 million. The company's treasury position reached an all-time high of $510.1 million, with working capital of $444.1 million. The average realized silver price increased 24% to $34.62 per ounce.

First Majestic declared a quarterly dividend of $0.0048 per share, payable on September 15, 2025, and achieved Prime ESG investment status from ISS ESG, ranking in the top 26% of mining companies for sustainability.

First Majestic Silver (NYSE:AG) has announced its upcoming second quarter 2025 earnings conference call and webcast details. The event will take place on Thursday, August 14, 2025, at 8:30 a.m. PT / 11:30 a.m. ET, which is 30 minutes later than previously scheduled.

The company will release its Q2 2025 results and updated 2025 guidance before markets open on the same day. The conference call will be accessible via toll-free numbers for multiple countries, and participants are advised to dial in 15 minutes before the start. A webcast replay and telephone replay will be available following the event.

First Majestic Silver (NYSE:AG) reported strong Q2 2025 production with 7.9 million silver equivalent ounces, a 48% increase year-over-year. Production included 3.7 million silver ounces (up 76% Y/Y) and 33,865 gold ounces.

The company has positively revised its 2025 guidance, now expecting 30.6-32.6 million AgEq ounces, a 7% increase from previous guidance. Production improvements were seen across all mines, with Los Gatos, Santa Elena, and San Dimas exceeding expectations. The capital budget was increased by 7% to $193 million to support growth initiatives.

Cash costs are projected to improve to $13.94-$14.37 per ounce, while AISC is expected at $20.02-$20.82 per AgEq ounce.

First Majestic Silver (NYSE: AG) has announced a significant discovery at its Santa Elena property in Sonora, Mexico. The company has identified the Santo Niño vein, located 900 meters south of the Santa Elena processing plant, marking their second gold-silver discovery within a year. The vein has been traced over 1km of strike and 400m down-dip, with thirteen intercepts showing significant gold and silver grades. Additionally, drilling at the Navidad/Winter vein system has expanded the footprint of mineralization with exceptional results, including a standout intersection of 6.8m grading 14.8 g/t Au and 642 g/t Ag. The Santa Elena property now hosts four major gold-silver deposits: Santa Elena, Ermitaño, Navidad, and Santo Niño. The exploration program continues aggressively with nine active rigs, focusing on testing the full strike length and depth potential of the new discoveries. These findings are expected to meaningfully extend the mine life and add significant value to First Majestic's portfolio.

First Majestic Silver Corp. (NYSE: AG) held its 2025 Annual General Meeting with 57.99% of shareholders participating. Key outcomes include: shareholders approved setting the board size at seven directors and elected all nominated directors, with Thomas F. Fudge, Jr. and Colette Rustad receiving notably lower approval rates of 50.44% and 54.82% respectively. Deloitte LLP was appointed as auditor with 95.10% approval. Significantly, shareholders rejected the company's executive compensation approach with 58.99% voting against. The company also welcomed Ayesha Hira to its Board of Directors, bringing 30 years of mining sector experience, including roles at Belo Sun Mining, CIBC World Markets, RBC Capital Markets, and Lucara Diamond Corp.

First Majestic Silver Corp. (NYSE: AG) has announced its upcoming Annual General Meeting of Shareholders (2025 AGM) scheduled for Tuesday, May 20, 2025, at 10:00 a.m. (Pacific Time) in Vancouver. The Board unanimously recommends shareholders vote FOR all resolutions. The record date for voting eligibility was March 31, 2025, with a proxy voting deadline of May 15, 2025.

Registered shareholders unable to attend can vote by mail, courier, facsimile, telephone, or online through Computershare. Non-registered shareholders may participate through proxyholder or intermediaries. The company has retained Kingsdale Advisors to assist shareholders with voting, accessible via toll-free numbers or email.