Sammanfattning av aktiekursernas upp- och nedgångar samt förändringar för First Majestic Silver
Historiska aktiekurser
Aktuell aktiekurs	CA$19.56
52 veckors högsta	CA$32.04
52 veckors lägsta	CA$9.68
Beta	2.19
1 månads förändring	2.09%
3 månaders förändring	10.82%
1 års förändring	85.58%
3 års förändring	237.24%
5 års förändring	58.90%
Förändring sedan börsintroduktionen	52.34%

Senaste nyheter och uppdateringar

Seeking Alpha • Aug 31

First Majestic: Closer To Fair Value (Upgrade To Hold)

Summary First Majestic Silver Corp. is upgraded to Hold, reflecting a now fair valuation and improved operational outlook amid continued gold and silver demand. AG's production guidance has increased, with gold output expected up 30% through 2028 and Jerritt Canyon's restart accelerating gold growth potential. The valuation premium has deflated; at 8x EV/EBITDA, AG's YE27 price target is $21, offering little near-term upside versus consensus. Key AG risks include silver price volatility, rising costs, and execution on throughput expansions and Jerritt Canyon's pre-feasibility study. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Aug 31

First Majestic: Closer To Fair Value (Upgrade To Hold)

Ny berättelse • Feb 22

First Majestic Silver may see 13.12% profit margin growth in 3 years

First Majestic Silver AG Target Price 80 dollars Valuation Framework The 80 dollar target is based on the following assumptions Silver price 150 dollars per ounce Fully diluted shares approximately 515 million Estimated operating cash flow approximately 2.1 billion dollars Cash flow per share approximately 4.0 to 4.2 dollars Bull market multiple 18 to 20 times P to CF Implied valuation range 72 to 84 dollars per share Key Investment Drivers Strong Silver Leverage Annual production 15.4 million ounces of silver Every 10 dollar increase in silver price adds approximately 150 million dollars in cash flow The company is now a high torque silver exposure vehicle Los Gatos Expansion Mill throughput expected to increase toward 4000 tonnes per day Production growth anticipated after 2026 Expansion expected to be internally funded which limits dilution risk Strong Balance Sheet Net Cash Cash 793 million dollars Total debt 292 million dollars Net cash position approximately 500 million dollars This provides financial flexibility reduces downside risk and supports growth and dividend capacity Revenue Linked Dividend Policy Dividend increased to 2 percent of revenues At higher silver prices this structure leads to materially higher dividend payouts and increases institutional attractiveness Multiple Re Rating Potential Current valuation approximately 9 to 10 times P to CF In a silver bull market producers typically re rate to 18 to 20 times P to CF This implies substantial upside even without production growth Shift to Silver Dominant Production Profile Following the Los Gatos acquisition Higher silver weighting Gold primarily a by product This increases sensitivity to rising silver prices Key Risks Silver price declining below 60 dollars per ounce Apparent AISC inflation due to silver equivalent accounting Potential future dilution if equity financing is used The net cash position mitigates financial risk Conclusion Under a 150 dollar silver scenario Estimated operating cash flow approximately 2.1 billion dollars Cash flow per share approximately 4.1 dollars Bull market multiple approximately 19 times Target Price 80 dollars per share Valuation range 60 to 80 dollars Upside case in a silver mania above 80 dollars

Seeking Alpha • Apr 28

First Majestic Silver: A Better Start To 2025

Summary First Majestic reported 88% year-over-year growth in silver production in Q1-25, benefiting from 10 weeks of production from its 70% owned Cerro Los Gatos Mine (new acquisition). Unfortunately, the growth from CLG was offset by sharply declining grades at its legacy assets, and while headline production soared, production per share remains in steady decline. Unfortunately, this same trend is present in reserves per share, which remain in sharp decline because of significant dilution from the Gatos acquisition and poor reserve replacement at San Dimas. In this update we'll dig into the preliminary Q1-25 results, recent developments, and whether the stock is offering an adequate margin of safety at current levels. Read the full article on Seeking Alpha

Seeking Alpha • Feb 07

First Majestic Silver: Another Miss On Annual Guidance

Summary First Majestic Silver Corp.'s 2024 production missed guidance for the third consecutive year, with significant declines in both silver and gold output because of lower grades. On a positive note, the portfolio enters 2025 in a much stronger position, having added 70% of a higher-margin asset in CLG. Meanwhile, exploration success continues at Santa Elena, suggesting the potential for material resource growth at depth adjacent to its Ermitano Mine. In this update, we'll dig into the preliminary AG Q4 results, recent developments and whether First Majestic offers an adequate margin of safety at current levels. Read the full article on Seeking Alpha

Seeking Alpha • Jan 21

First Majestic Silver Corp.: A Major Plus In Acquiring Gatos Silver, Inc.

Summary First Majestic Silver Corp.'s merger with Gatos Silver, Inc. is a game changer, boosting annual production to 30-32 million silver equivalent ounces. The merger adds a positive free cash flow asset, Cerro Los Gatos, to First Majestic's portfolio, enhancing long-term growth prospects. Despite geopolitical risks, Mexico remains an accommodative mining jurisdiction; however, trade tariffs could pose challenges. Given the merger's potential and silver's strong outlook, I rate First Majestic a buy and expect a sparkling 2025 for silver producers. Read the full article on Seeking Alpha

Seeking Alpha • Dec 31

First Majestic Silver: A Soft Q3 Operationally With Continued Share Dilution

Summary First Majestic Silver Corp. reported a 20% decline in silver production and an 11% decline in gold production in Q3 '24 compared to Q3 '23. Unfortunately, this was coupled with higher all-in sustaining costs despite the benefit of a weaker Mexican Peso and lower sustaining capital spend year-over-year. In this update, we'll dig into the dynamics surrounding the Gatos Silver transaction, the company's Q3 '24 results and where the stock's updated buy zone lies. Read the full article on Seeking Alpha

Seeking Alpha • Oct 30

First Majestic Silver And Gatos Silver Merger: A Better Combined Company

Summary The First Majestic Silver Corp. acquisition of Gatos Silver, Inc. improves First Majestic's FCF (free cash flow), balance sheet, and costs substantially. The combination of First Majestic Silver and Gatos Silver creates one of the few major silver producers and is likely a go-to name for investors. This merger deal should close in either Q4 2024 or January 2025. Read the full article on Seeking Alpha

Seeking Alpha • Oct 22

First Majestic Silver: A Lot More Silver, But Far Less Silver Per Share

Summary First Majestic Silver Corp.'s Q3 2024 production saw another significant decline year-over-year due to lower grades at its two largest mines, and much lower throughput at San Dimas. Meanwhile, its recent acquisition of Gatos Silver aims to bolster silver production but results in substantial share dilution, with per share production set to take another stairstep lower. In this update, we'll dig into the recent production results & acquisition, how it changes First Majestic's production growth & per share metrics, and if it changes the investment thesis. Read the full article on Seeking Alpha

Seeking Alpha • Aug 22

First Majestic Silver: Continued Share Dilution Despite Record Gold Prices

Summary First Majestic had another mediocre quarter in Q2 2024, reporting a 20% decline in silver production and a 13% decline in gold production. Unfortunately, these figures were far uglier on a per share basis given that First Majestic remains active with ATM sales, with over 14 million shares sold already year-to-date. In this update we'll dig into the Q2-24 results, recent developments and whether the stock is finally offering an adequate margin of safety after its 80% correction. Read the full article on Seeking Alpha

Seeking Alpha • Aug 01

First Majestic Silver: Still A Money Loser

Summary First Majestic Silver Corp. saw a sequential increase in Q2 production, with improvements anticipated in the second half of the year. Strong metal prices are benefiting the company, but revenue declined due to lower sales and production issues. Despite ongoing losses, First Majestic has a respectable cash balance. Really tough to justify buying when a company is losing money at these prices. Read the full article on Seeking Alpha

Seeking Alpha • May 22

First Majestic Silver: Limited Margin Of Safety At Current Levels

Summary First Majestic Silver Corp. had a slow start to 2024, reporting a plunge in gold/silver production at higher costs. Fortunately, its Q2 outlook is much better given the recent spike in silver, but this already looks priced into the stock at over 60x FY2024 free cash flow estimates. In this update, we'll dig into the First Majestic Silver Corp. Q1 results, its valuation vs. other precious metals names, and why the stock continues to be an inferior buy-the-dip candidate. Read the full article on Seeking Alpha

Aktieägarnas avkastning

	AG	US Metals and Mining	US Marknad
7D	-6.7%	-2.6%	-1.0%
1Y	85.6%	54.4%	14.1%

Avkastning vs industri: AG översteg US Metals and Mining branschen som gav 54.4 % under det senaste året.

Avkastning vs Marknaden: AG översteg US marknaden som gav 14.1 % under det senaste året.

Prisvolatilitet

Is AG's price volatile compared to industry and market?
AG volatility
AG Average Weekly Movement	8.9%
Metals and Mining Industry Average Movement	9.7%
Market Average Movement	6.9%
10% most volatile stocks in US Market	15.3%
10% least volatile stocks in US Market	2.9%

Stabil aktiekurs: AG har inte haft någon betydande prisvolatilitet under de senaste 3 månaderna jämfört med marknaden för US.

Volatilitet över tid: AG s veckovolatilitet ( 9% ) har varit stabil under det senaste året.

Om företaget

Grundad	Anställda	VD OCH KONCERNCHEF	Webbplats
1979	n/a	Keith Neumeyer	www.firstmajestic.com

First Majestic Silver Corp. bedriver förvärv, prospektering, utveckling och produktion av mineraltillgångar i Nordamerika. Bolaget prospekterar efter silver- och guldfyndigheter. Bolagets projekt omfattar silver- och guldgruvan San Dimas som täcker en yta på cirka 71.867 hektar i delstaten Durango i Mexiko, silver- och guldgruvan Santa Elena som täcker en yta på cirka 102.244 hektar i delstaten Sonora i Mexiko, silvergruvan Los Gatos som täcker en yta på cirka 103.000 hektar i Chihuahua i Mexiko och silvergruvan La Encantada som täcker en yta på cirka 4.076 hektar i delstaten Coahuila i Mexiko.

First Majestic Silver Corp. Sammanfattning av grunderna

Hur förhåller sig First Majestic Silver:s resultat och omsättning till dess börsvärde?
AG grundläggande statistik
Börsvärde	US$9.91b
Vinst(TTM)	US$347.64m
Intäkter(TTM)	US$1.64b

27.7x

P/E-förhållande

5.9x

P/S-förhållande

Är AG övervärderat?

Se Verkligt värde och värderingsanalys

Resultat & intäkter

Viktig lönsamhetsstatistik från den senaste resultatrapporten (TTM)
AG resultaträkning (TTM)
Intäkter	US$1.64b
Kostnad för intäkter	US$602.14m
Bruttovinst	US$1.04b
Övriga kostnader	US$691.37m
Intäkter	US$347.64m

Senast redovisade vinst

Jun 30, 2026

Nästa vinstdatum

n/a

Vinst per aktie (EPS)	0.71
Bruttomarginal	63.31%
Nettovinstmarginal	21.18%
Skuld/egenkapitalförhållande	9.0%

Hur har AG utvecklats på lång sikt?

Se historisk utveckling och jämförelse

Utdelningar

0.1%

Aktuell utdelningsavkastning

Utbetalningskvot

Företagsanalys och finansiella data Status

Uppgifter	Senast uppdaterad (UTC-tid)
Analys av företag	2026/09/11 11:42
Aktiekurs vid dagens slut	2026/09/11 00:00
Intäkter	2026/06/30
Årlig intjäning	2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

Paket	Uppgifter	Tidsram	Exempel US-källa
Företagets finansiella ställning	10 år	Resultaträkning Kassaflödesanalys Balansräkning	SEC Form 10-K SEC Form 10-Q
Analytikernas konsensusuppskattningar	+3 år	Prognos för finansiella poster Analytikernas prismål	Rapporter från analytiker Blue Matrix
Marknadspriser	30 år	Aktiekurser Utdelningar, splittar och åtgärder	ICE Marknadsdata SEC Form S-1
Ägarskap	10 år	Största aktieägare Insiderhandel	SEC Formulär 4 SEC Formulär 13D
Förvaltning	10 år	Ledningsgrupp Styrelse och verkställande direktörer	SEC Form 10-K SEC Form DEF 14A
Viktiga utvecklingstendenser	10 år	Företagsmeddelanden	SEC Formulär 8-K

^* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som används för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och handledningar på Youtube.

Lär dig mer om det som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

First Majestic Silver Corp. bevakas av 19 analytiker. 3 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

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

First Majestic Silver (AG) Aktievy

Belöningar

Riskanalys

Top Community Narratives

Silver's stock price if silver hits $100 per ounce

First Majestic Silver may see 13.12% profit margin growth in 3 years

Top Community Narratives

Silver's stock price if silver hits $100 per ounce

First Majestic Silver may see 13.12% profit margin growth in 3 years

First Majestic Silver Corp. Konkurrenter

Hecla Mining

Compañía de Minas BuenaventuraA

Aura Minerals

Almonty Industries

Prishistorik och prestanda

Senaste nyheter och uppdateringar

First Majestic Silver Corp Reports High-Grade Drill Results And Expands Exploration Footprint At San Dimas

First Majestic: Closer To Fair Value (Upgrade To Hold)

Founder recently sold US$545k worth of stock

Founder recently sold US$495k worth of stock

Founder recently sold US$495k worth of stock

Upcoming dividend of US$0.015 per share

Recent updates

First Majestic Silver Corp Reports High-Grade Drill Results And Expands Exploration Footprint At San Dimas

First Majestic: Closer To Fair Value (Upgrade To Hold)

Founder recently sold US$545k worth of stock

Founder recently sold US$495k worth of stock

Founder recently sold US$495k worth of stock

Upcoming dividend of US$0.015 per share

First Majestic Silver Corp. Declares Cash Dividend for the Second Quarter Ended June 30, 2026, Payable on or About August 31, 2026

Second quarter 2026 earnings released: EPS: US$0.22 (vs US$0.11 in 2Q 2025)

Now 21% undervalued after recent price drop

First Majestic Silver Corp. Announces CFO Changes

Price target decreased by 7.5% to US$24.50

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 15%

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 19%

First quarter dividend increased to US$0.017

First quarter 2026 earnings released: EPS: US$0.26 (vs US$0.005 in 1Q 2025)

Investor sentiment improves as stock rises 22%

First Majestic Silver Corp. to Report Q1, 2026 Results on May 12, 2026

First Majestic Silver Corp Announces 2025 Mineral Reserve and Mineral Resource Estimates

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Now 24% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 23%

First Majestic Silver Corp., Annual General Meeting, Jun 10, 2026

First Majestic Announces Results of the 2025 Drilling Program At Jerritt Canyon Gold Mine

Investor sentiment deteriorates as stock falls 16%

First Majestic Silver may see 13.12% profit margin growth in 3 years

Fourth quarter dividend of US$0.0083 announced

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Founder recently sold US$419k worth of stock

Founder recently sold US$673k worth of stock

New minor risk - Share price stability

Founder recently sold US$2.4m worth of stock

Price target increased by 22% to US$18.25

First Majestic Silver Corp. Reviews Its Dividend Policy

Insider recently sold US$419k worth of stock

First Majestic Silver Corp. announced that it has received $300 million in funding

First Majestic Silver Corp. announced that it expects to receive $300 million in funding

New minor risk - Share price stability

Third quarter dividend increased to US$0.0052

Third quarter 2025 earnings released: EPS: US$0.055 (vs US$0.088 loss in 3Q 2024)

Founder recently sold US$3.3m worth of stock

Price target increased by 19% to US$11.50

Independent Director recently sold US$1.2m worth of stock

First Majestic Silver Corp. Reports Positive Drilling Results from its Ongoing Exploration Program at the San Dimas Silver/Gold Mine, Located in Durango, Mexico

Second quarter dividend of US$0.0048 announced

Second quarter 2025 earnings released: EPS: US$0.11 (vs US$0.17 loss in 2Q 2024)

First Majestic Silver Corp. to Report Q2, 2025 Results on Aug 14, 2025

New major risk - Revenue and earnings growth

Price target increased by 10% to US$9.63

First Majestic Silver Corp. Provides Production Guidance for the Year 2025

First Majestic Silver Corp. Announces the Discovery of the Navidad Vein System, A New Significant, Vein-Hosted Gold and Silver Mineralized System Adjacent to Its Currently Producing Ermitaño Mine

First Majestic Announces Second Gold-Silver Discovery Within A Year At Santa Elena and Expands High-Grade Mineralization At Navidad

First Majestic Silver Corp. Appoints Ayesha Hira to Board of Directors, Effective May 20, 2025

First quarter dividend increased to US$0.0045

First quarter 2025 earnings released: EPS: US$0.005 (vs US$0.047 loss in 1Q 2024)

First Majestic Silver: A Better Start To 2025