Update shared on06 Sep 2025
Fair value Increased 6.31%The consensus price target for First Majestic Silver has risen to CA$14.75, primarily reflecting a much higher future P/E ratio, which suggests increased optimism about the company’s growth prospects despite steady discount rates.
What's in the News
- Positive drilling results at San Dimas confirmed and expanded mineralization, upgrading Inferred to Indicated Mineral Resources and identifying new high-grade targets, including the unexplored Coronado vein.
- Declared a cash dividend of $0.0048 per share for Q2 2025.
- Completed repurchase of 818,500 shares (0.21%) for CAD 5.79 million under the ongoing buyback program.
- Issued 2025 production guidance: silver 14.8–15.8 million oz, gold 135,000–144,000 oz, lead 33–35 million lbs, zinc 52–56 million lbs, silver equivalent 30.6–32.6 million oz.
- Reported Q2 2025 production: ore processed 1,003,804 tonnes, silver 3.7 million oz, gold 33,865 oz, zinc 16.06 million lbs, lead 9.01 million lbs, with increases in processed ore and silver output year-over-year.
Valuation Changes
Summary of Valuation Changes for First Majestic Silver
- The Consensus Analyst Price Target has risen from CA$13.88 to CA$14.75.
- The Future P/E for First Majestic Silver has significantly risen from 77.27x to 113.71x.
- The Discount Rate for First Majestic Silver remained effectively unchanged, moving only marginally from 6.51% to 6.62%.
Disclaimer
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