Welcome to our dedicated page for First Majestic news (Ticker: AG), a resource for investors and traders seeking the latest updates and insights on First Majestic stock.
First Majestic Silver Corp. reports developments tied to silver and gold mining in North America, with recurring updates on four producing underground mines in Mexico: Santa Elena, Los Gatos, San Dimas and La Encantada. The company's news also covers its 70% interest in the Los Gatos joint venture, production of silver, gold, zinc, lead and copper, and sales exposure to precious metals in doré and concentrate form.
Company updates frequently address mineral reserve and resource estimates, exploration drilling, operating and financial results, dividend actions, shareholder voting matters, governance and capital-structure disclosures. Jerritt Canyon in Nevada is a recurring exploration and development topic within the company's asset portfolio.
First Majestic (NYSE:AG) reported strong Q1 2026 results, highlighted by record revenue of $476.7 million (up 95% year-over-year) and record mine operating earnings of $266.6 million. EBITDA reached $306.8 million and net earnings were $128.1 million, or $0.26 per share.
Free cash flow rose to $223.5 million and treasury hit a record $1,128.6 million. Silver and gold production declined modestly, while cash costs and AISC per silver equivalent ounce increased due to metal price effects. The quarterly dividend was raised 280% to $0.0171 per share, and the COO, Steve Holmes, is retiring.
First Majestic (NYSE: AG) released its 2025 Sustainability Report and mailed materials for the 2026 AGM to shareholders.
Key metrics: carbon intensity down 21% year-over-year and 49% since 2019, US$2.4M invested in communities, TRIFR 0.55, LTIFR 0.12, 70% of employees with tenure over six years, and successful integration of Los Gatos.
Nord Precious Metals Mining (TSXV: NTH) closed the March 31, 2026 acquisition consolidating nearly 4 km of Gowganda Camp boundary, bringing three large past-producing mines onto its Castle property.
The package includes a historical NI 43-101 indicated tailings resource of ~1.94 million tonnes at 47.5 g/t Ag (~2.96 million contained ounces), a permitted mill pathway, a 600 tpd gravity plant, and a $1.75M private placement closed April 15, 2026 to fund exploration.
First Majestic (NYSE: AG) reported Q1 2026 production across four Mexican underground mines: 3.545M oz Ag, 34,341 oz Au, 15.41M lb Zn, 8.70M lb Pb, and 262,913 lb Cu. Consolidated ore processed rose ~12% YoY to 1,059,333 tonnes. La Encantada silver output jumped 48% YoY; San Dimas silver and gold declined ~13% and ~12% respectively. The company completed ~65,970 m of drilling in Q1 and announced updated Mineral Reserves/Resources effective Dec 31, 2025. Jerritt Canyon restart planning targets H2 2027 production. Q1 financials and dividend to be released May 12, 2026.
First Majestic (NYSE:AG) has commenced a restart plan for its Jerritt Canyon gold mine in Nevada, targeting production in the second half of 2027. The company will complete a pre-feasibility study in Q4 2026 and commit $75 million in 2026 to technical, mining and exploration work.
The 2025 year-end Mineral Resource base totals 4.1 million oz Measured & Indicated plus 3.7 million oz Inferred, and the 2026 program includes 42,000 m of drilling and fleet, plant and dewatering investments.
First Majestic (NYSE: AG) reported 2025 Mineral Reserve and Mineral Resource estimates effective December 31, 2025, showing portfolio growth driven by exploration and higher metal price assumptions.
Key figures: Measured & Indicated +50% to 652.8M AgEq ounces, Inferred +69% to 592.3M AgEq ounces, and the Santo Niño discovery added 27.4M AgEq ounces at Santa Elena.
First Majestic (NYSE: AG) reported results from its 2025 Jerritt Canyon drilling program in Nevada, totaling ~18,300 metres across 57 holes. Key intercepts include 7.6 m @ 9.43 g/t Au (MA-25-008) and 24.4 m @ 3.43 g/t Au (MA-25-017). Results indicate both open-pit and underground potential and highlight expansion corridors at Mahala–Javelin and shallow targets at Saval, while noting further drilling is required to define continuity and true widths.
First Majestic (NYSE: AG) reported audited Q4 and full-year 2025 results on February 19, 2026, including record quarterly silver production of 4.2M oz (+77% Y/Y) and record 2025 revenue of $1,257.2M (+124% Y/Y). The company declared a Q4 cash dividend of $0.0083 per share and ended 2025 with a record $937.7M cash treasury.
Q4 operating cash flow was $301.0M, EBITDA $338.8M, and free cash flow $250.4M; the Los Gatos acquisition materially contributed to production and earnings.
First Majestic (NYSE: AG) reported Q4 2025 production of 7.8 million AgEq oz (4.2M Ag oz, 41,417 Au oz) and full-year 2025 production of 31.1M AgEq oz including a record 15.4M Ag oz. The company completed the Gatos acquisition (Los Gatos 70% JV) and announced a definitive sale agreement for Del Toro for up to $60M. Exploration delivered new Santo Niño and Navidad discoveries at Santa Elena, prompting preliminary mine planning. Q4 drilling totaled 57,305 m. The release also flagged AgEq reporting impacts from strong silver prices, lowering reported AgEq ounces versus guidance assumptions.
First Majestic (NYSE:AG) entered a definitive agreement dated December 17, 2025 to sell its 100%‑owned Del Toro silver mine to Sierra Madre for up to US$60 million. The Transaction provides US$30M upfront (US$20M cash + US$10M Sierra Madre shares at US$1.30) and up to US$30M contingent payable across milestones: US$10M within 18 months, US$10M on a NI 43‑101 resource disclosure ≥100 Moz AgEq within 48 months, and US$10M on achieving commercial production ≥4,000 tpd for 30 days within 60 months. Closing is conditional on Sierra Madre raising at least CAD$40M, TSXV and Mexican antitrust approvals, and Sierra Madre shareholder approval (meeting expected by end of April 2026). Del Toro was under care and maintenance since January 2020.