Update shared on 21 Nov 2025
Fair value Decreased 1.11%Analysts have slightly lowered their price target for First Majestic Silver from $22.50 to $22.25. This change reflects a shift in revenue growth and profit margin forecasts.
What's in the News
- First Majestic Silver announced a share repurchase program with the intention to buy back up to 24,500,000 shares, representing 5% of its issued share capital. The program will expire on October 13, 2026. (Buyback Transaction Announcement)
- The Board of Directors has authorized a new buyback plan approved on October 14, 2025. (Buyback Transaction Announcement)
- As of September 11, 2025, the company completed the repurchase of 818,500 shares for CAD 6.56 million, representing 0.21% of issued shares under the current buyback program. (Buyback Tranche Update)
- Production results for Q3 2025 showed a 47% increase in ore processed and a 39% rise in silver equivalent ounces produced year-over-year. Notably, silver output nearly doubled to 3,863,673 ounces, while gold production declined by 15%. The company also reported significant production of zinc and lead. (Announcement of Operating Results)
- Positive drilling results from the 2024/2025 exploration programs at Los Gatos Silver Mine confirm the continuity and expansion potential of known mineralized areas, with the system remaining open for further exploration. (Product-Related Announcement)
Valuation Changes
- Consensus Analyst Price Target has decreased slightly from CA$22.50 to CA$22.25.
- Discount Rate has marginally declined from 7.14% to 7.12%.
- Revenue Growth forecast has fallen significantly from 22.88% to 14.30%.
- Net Profit Margin projection has dropped from 28.40% to 16.15%.
- Future P/E ratio is now much higher, increasing from 23.15x to 42.73x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.