Update shared on15 Aug 2025
Fair value Increased 13%The notable increase in the consensus Analyst Price Target for First Majestic Silver to CA$13.88 reflects stronger profitability, as evidenced by a higher net profit margin and a substantial decline in the forward P/E ratio.
What's in the News
- First Majestic Silver provided 2025 production guidance: silver 14.8–15.8M oz, gold 135–144K oz, lead 33–35M lbs, zinc 52–56M lbs, and silver equivalent 30.6–32.6M oz.
- Q2 2025 results showed significant year-over-year increases in ore processed (1,003,804 tonnes vs. 674,570), silver production (3,701,995 oz vs. 2,104,181), and silver equivalent ounces (7,852,311 oz vs. 5,289,439), while gold production decreased (33,865 oz vs. 39,339).
- Discovery and continued expansion of the Navidad vein system near the Ermitano mine, with initial inferred resources of 2.3Mt grading 81 g/t silver and 3.42 g/t gold (5.9Moz Ag, 249Koz Au); drilling shows upside potential and exceptional metallurgical recoveries fitting the Santa Elena plant.
- Additional high-grade gold and silver mineralization discovered at Santa Elena's Santo Nino vein, bringing the property’s significant gold-silver deposits to four and confirming the district-scale potential; aggressive drilling and exploration ongoing in 2025.
Valuation Changes
Summary of Valuation Changes for First Majestic Silver
- The Consensus Analyst Price Target has significantly risen from CA$12.25 to CA$13.88.
- The Net Profit Margin for First Majestic Silver has significantly risen from 6.64% to 17.50%.
- The Future P/E for First Majestic Silver has significantly fallen from 87.38x to 41.64x.
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.