First Majestic Silver (AG) Stock Overview

Engages in the acquisition, exploration, development, and production of mineral properties in North America. More details

AG fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 21.5% below our estimate of its fair value

Earnings are forecast to grow 13.89% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 52.4%

Risk Analysis

Shares are highly illiquid

AG Community Fair Values

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First Majestic Silver Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Majestic Silver
Historical stock prices
Current Share Price	CA$14.26
52 Week High	CA$0
52 Week Low	CA$0
Beta	2.07
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	186.38%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	AG	CH Metals and Mining	CH Market
7D	n/a	-0.9%	-0.01%
1Y	n/a	67.0%	15.6%

Return vs Industry: Insufficient data to determine how AG performed against the Swiss Metals and Mining industry.

Return vs Market: Insufficient data to determine how AG performed against the Swiss Market.

Price Volatility

Is AG's price volatile compared to industry and market?
AG volatility
AG Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.2%
Market Average Movement	4.3%
10% most volatile stocks in CH Market	7.4%
10% least volatile stocks in CH Market	2.1%

Stable Share Price: AG's share price has been volatile over the past 3 months compared to the Swiss market.

Volatility Over Time: Insufficient data to determine AG's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1979	n/a	Keith Neumeyer	www.firstmajestic.com

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America. The company explores for silver and gold deposits. Its projects include the San Dimas silver/gold mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena silver/gold mine that covers an area of approximately 102,244 hectares located in Sonora State, Mexico; the Los Gatos Silver Mine covering an area of approximately 103,000 hectares located in Chihuahua, Mexico; and the La Encantada silver mine that covers an area of approximately 4,076 hectares located in Coahuila State, Mexico.

First Majestic Silver Corp. Fundamentals Summary

How do First Majestic Silver's earnings and revenue compare to its market cap?
AG fundamental statistics
Market cap	CHF 6.74b
Earnings (TTM)	CHF 233.64m
Revenue (TTM)	CHF 1.20b

30.2x

P/E Ratio

5.9x

P/S Ratio

Is AG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AG income statement (TTM)
Revenue	US$1.49b
Cost of Revenue	US$599.91m
Gross Profit	US$889.97m
Other Expenses	US$599.21m
Earnings	US$290.76m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	0.59
Gross Margin	59.73%
Net Profit Margin	19.52%
Debt/Equity Ratio	9.0%

How did AG perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/02 02:02
End of Day Share Price	2026/07/02 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Majestic Silver Corp. is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Gray	ATB Cormark
Richard Gray	ATB Cormark Historical (Cormark Securities)
Kevin O'Halloran	BMO Capital Markets Equity Research