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FIRST MAJESTIC SILVER CORP - $AG STOCK NEWS

Welcome to our dedicated page for FIRST MAJESTIC SILVER news (Ticker: $AG), a resource for investors and traders seeking the latest updates and insights on FIRST MAJESTIC SILVER stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FIRST MAJESTIC SILVER's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FIRST MAJESTIC SILVER's position in the market.

News
First Majestic Announces Financial Results for Q1 2024 and Quarterly Dividend Payment
Rhea-AI Summary

First Majestic Silver Corp. announces financial results for Q1 2024, with 5.2 million AgEq ounces produced, $106.0 million in revenues, and a cash dividend payment of $0.0037 per share. The Company's cash balance stands at $229.3 million. Operational highlights include improvements in mine operating earnings and a focus on higher ore grades in H2 2024. AISC increased to $21.53 per AgEq ounce. The Company declared an eligible dividend for shareholders.

Rhea-AI Impact
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End-of-Day
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First Majestic Produces 5.2 Million AgEq Oz in Q1 2024
Rhea-AI Summary
First Majestic Silver Corp. (AG) announces production of 5.2 million AgEq ounces in Q1 2024 from its three mines in Mexico. The company achieved record safety performance and strong production results. La Encantada identified a new water source, Santa Elena met production targets, and the company received high ESG scores. Financial results for Q1 2024 will be released on May 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.68%
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earnings
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First Majestic Announces 2023 Mineral Reserve and Mineral Resource Estimates
Rhea-AI Summary
First Majestic Silver Corp. announces 2023 Mineral Reserve and Resource estimates for its properties, highlighting changes in silver and gold ounces. Exploration drilling results added new resources. The Company's Measured and Indicated Mineral Resource estimates remained relatively stable. Inferred Mineral Resource estimates increased, driven by successful drilling programs and modeling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.54%
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First Majestic Announces Commencement of Bullion Sales from First Mint
Rhea-AI Summary
First Majestic Silver Corp. announces the commencement of bullion sales from its minting facility, First Mint, , in Nevada. The eco-friendly facility integrates manufacturing plant for fine silver bullion, reducing emissions and electricity usage. The mint plans to expand operations, offering collectible bars and rounds, seeking ISO 9001 certification for IRA eligibility and guaranteeing product quality. Shareholders benefit from savings program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
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First Majestic Announces Financial Results for Q4 2023, FY2023, Quarterly Dividend Payment and Deferral of Silver Sales
Rhea-AI Summary
First Majestic Silver Corp. announces its consolidated financial results for the fourth quarter and year ended December 31, 2023. Highlights include 26.9 million silver equivalent ounces produced, $573.8 million in annual revenues, and $99.2 million in operating cash flows. The company reported a consolidated cash cost of $14.49 per AgEq ounce and an AISC of $20.16 per AgEq ounce. Adjusted net earnings were $(23.8) million or $(0.08) per share. In the fourth quarter, production increased to 6.6 million AgEq ounces, with revenues reaching $136.9 million. Operating cash flows improved to $36.3 million, and consolidated cash cost decreased to $13.01 per AgEq ounce. The company declared a cash dividend payment of $0.0048 per common share for the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.79%
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dividends earnings
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First Majestic Reports Positive Exploration Results at San Dimas, Santa Elena and Jerritt Canyon Properties
Rhea-AI Summary
First Majestic Silver Corp. (AG) announces positive drilling results from its 2023 exploration programs at San Dimas, Santa Elena, and Jerritt Canyon. The drilling programs were designed to test new silver and gold mineral targets, increase Mineral Resources, and convert Mineral Resources to Mineral Reserves. The company is very encouraged with the exploration results and expects to release updated Mineral Resource and Mineral Reserve estimates by the end of March.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
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earnings
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First Majestic Produces 6.6 Million AgEq Oz in Q4 2023 and 26.9 Million AgEq Oz in 2023; Announces 2024 Production and Cost Guidance and Conference Call Details
Rhea-AI Summary
First Majestic Silver Corp. (AG) announces that total production in Q4 2023 reached 6.6 million AgEq ounces, a 6% increase from the previous quarter. Santa Elena achieved a record production of 3.0 million AgEq ounces, while the ESG score improved to 31.0 by the end of 2023. However, La Encantada's production was impacted by limited water supply, resulting in a 9% decrease in silver production compared to the prior quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10%
Tags
earnings
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First Majestic Reports Third Quarter Financial Results and Quarterly Dividend Payment
Rhea-AI Summary
First Majestic Silver Corp. announces unaudited Q3 2023 financial results. Highlights include production of 6.3 million silver equivalent ounces, quarterly revenues of $133.2 million, and adjusted net earnings of ($10.93) million. Cash and restricted cash balance at the end of the quarter was $257.3 million. A cash dividend payment of $0.0046 per common share was declared for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.26%
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dividends earnings
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First Majestic Produces 6.3 Million AgEq Oz in Q3 2023 Consisting of 2.5 Million Silver Ounces and 46,720 Gold Ounces
Rhea-AI Summary
First Majestic Silver Corp. announces Q3 2023 production results, meeting 75% of guidance midpoint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.91%
Tags
earnings
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First Majestic Announces the Opening of a Minting Facility
Rhea-AI Summary
First Majestic Silver Corp. launches its own minting facility, First Mint, LLC, to increase bullion sales and reduce production costs.
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End-of-Day
0.9%
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Stock AG logo
FIRST MAJESTIC SILVER CORP

NYSE:AG

AG Rankings

#1883 Ranked by Market Cap
#4103 Ranked by Stock Gains
#2062 Ranked by Dividends

AG Stock Data

2.04B
280.64M
2.22%
35.94%
6.94%
Silver Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Vancouver

About AG

first majestic silver corp. is committed to building a senior silver producing mining company based on an aggressive development and acquisition plan with a focus on mexico. the company presently owns and operates five producing silver mines in mexico.