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First Majestic Silver Corp.TSX:AG Stock Report

Market Cap CA$8.3b
Share Price
CA$17.11
My Fair Value
CA$17.5
2.2% undervalued intrinsic discount
1Y99.0%
7D7.9%
Portfolio Value
View

First Majestic Silver Corp.

TSX:AG Stock Report

Market Cap: CA$8.3b

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
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

AG Community Fair Values

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See what 61 others think this stock is worth. Follow their fair value or set your own to get alerts.

CA$120
FV
85.7% undervalued intrinsic discount
78.45%
Revenue growth p.a.
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16users have followed this narrative
about 1 year ago author updated this narrative

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 PriceCA$17.11
52 Week HighCA$18.09
52 Week LowCA$7.40
Beta1.09
1 Month Change36.12%
3 Month Change48.40%
1 Year Change98.95%
3 Year Change44.63%
5 Year Change34.72%
Change since IPO677.73%

Recent News & Updates

First Majestic Silver Corp.'s (TSE:AG) 35% Share Price Surge Not Quite Adding Up

Sep 23
First Majestic Silver Corp.'s (TSE:AG) 35% Share Price Surge Not Quite Adding Up

Recent updates

First Majestic Silver Corp.'s (TSE:AG) 35% Share Price Surge Not Quite Adding Up

Sep 23
First Majestic Silver Corp.'s (TSE:AG) 35% Share Price Surge Not Quite Adding Up

First Majestic Silver's (TSE:AG) Solid Profits Have Weak Fundamentals

Aug 22
First Majestic Silver's (TSE:AG) Solid Profits Have Weak Fundamentals
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Integrating Los Gatos And Santa Elena Will Boost Enduring Value

Integration of new mining assets and expanding exploration support stronger long-term growth, with operational synergies and increased resource potential driving higher production and asset value.

Increases to First Majestic Silver Corp.'s (TSE:AG) CEO Compensation Might Cool off for now

May 13
Increases to First Majestic Silver Corp.'s (TSE:AG) CEO Compensation Might Cool off for now

Optimistic Investors Push First Majestic Silver Corp. (TSE:AG) Shares Up 31% But Growth Is Lacking

Mar 18
Optimistic Investors Push First Majestic Silver Corp. (TSE:AG) Shares Up 31% But Growth Is Lacking

New Forecasts: Here's What Analysts Think The Future Holds For First Majestic Silver Corp. (TSE:AG)

Jan 15
New Forecasts: Here's What Analysts Think The Future Holds For First Majestic Silver Corp. (TSE:AG)

Sentiment Still Eluding First Majestic Silver Corp. (TSE:AG)

Jan 14
Sentiment Still Eluding First Majestic Silver Corp. (TSE:AG)

First Majestic Silver (TSE:AG) Is Making Moderate Use Of Debt

Nov 09
First Majestic Silver (TSE:AG) Is Making Moderate Use Of Debt

Revenues Not Telling The Story For First Majestic Silver Corp. (TSE:AG) After Shares Rise 38%

Oct 06
Revenues Not Telling The Story For First Majestic Silver Corp. (TSE:AG) After Shares Rise 38%

Shareholder Returns

AGCA Metals and MiningCA Market
7D7.9%6.7%0.9%
1Y99.0%75.4%21.4%

Return vs Industry: AG exceeded the Canadian Metals and Mining industry which returned 75.4% over the past year.

Return vs Market: AG exceeded the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is AG's price volatile compared to industry and market?
AG volatility
AG Average Weekly Movement8.1%
Metals and Mining Industry Average Movement12.1%
Market Average Movement9.2%
10% most volatile stocks in CA Market19.2%
10% least volatile stocks in CA Market2.9%

Stable Share Price: AG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: AG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aKeith Neumeyerwww.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; and the La Encantada silver mine covering 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 capCA$8.35b
Earnings (TTM)CA$20.55m
Revenue (TTM)CA$1.15b
406.7x
P/E Ratio
7.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AG income statement (TTM)
RevenueUS$826.60m
Cost of RevenueUS$455.91m
Gross ProfitUS$370.68m
Other ExpensesUS$355.94m
EarningsUS$14.74m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.03
Gross Margin44.84%
Net Profit Margin1.78%
Debt/Equity Ratio7.4%

How did AG perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
52%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/01 16:53
End of Day Share Price 2025/10/01 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 26 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin O'HalloranBMO Capital Markets Equity Research
David ForsterBofA Global Research
Adam GrafB. Riley Securities, Inc.