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First Majestic Silver Corp. (AG.TO)

CAD24.22 +1.01 (+4.35%)
CA TSX Basic Materials Silver
Address 925 West Georgia Street V6C 3L2
Vancouver, BC, CA
CEO Keith N. Neumeyer
IPO 1996-08-08
ISIN CA32076V1031

Explore sections of this company profile

Also trades on Toronto Stock Exchange · AG.TO (CAD) Toronto Stock Exchange · FR.TO (CAD)
Description

First Majestic Silver Corp. is a North American precious metals company primarily engaged in identifying, developing, and producing silver and gold from mineral deposits. Its operational footprint includes significant projects in Mexico: the San Dimas mine, covering around 71,867 hectares in Durango State; the Santa Elena property, encompassing approximately 102,244 hectares in Sonora State; and the La Encantada site, totaling roughly 4,076 hectares in Coahuila State. Founded in 1979 and headquartered in Vancouver, Canada, the company changed its name from First Majestic Resource Corp. to First Majestic Silver Corp. in November 2006.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD24.22 +1.01 (+4.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
2.07
Float Shares
486.93M
Free Float %
98.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-9.83% -8.83% -4.78% -4.43% +72.95% +22.58% +240.24% +231.80% +33.92% +80.17% +7,920.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
24.22
Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 3 0
Hold 1 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
4.80
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Silver: +90.4%
    +139.7% Q1'26: +91.7% (vs Q1'25)
  • EPS growth Silver: +252.9%
    +200.0% Q1'26: +4,900.0% (vs Q1'25)
  • FCF margin FCF growth · Silver: +140.3%
    +15.3% Q1'26: +39.3% (vs Q1'25)
  • EBIT margin Silver: +30.7%
    +27.8% Q1'26: +49.5% (vs Q1'25)
  • ROIC Silver: +8.9%
    +8.5% Q1'26: +22.8% (vs Q1'25)
  • Share dilution Silver: -7.1%
    +68.7% Q1'26: +9.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Silver: -0.18×
    0.49× Q1'26: 0.27× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (2.10) × ERP
WACC = 97% × Ke + 3% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 24.22
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
2 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
202.65M
est: 303.69M (-33.3%)
272.52M
est: 399.98M (-31.9%)
257.47M
est: 324.87M (-20.7%)
286.44M
est: 428.96M (-33.2%)
362.70M
est: 480.99M (-24.6%)
382.33M
est: 456.22M (-16.2%)
574.31M
est: 735.18M (-21.9%)
605.64M
est: 848.58M (-28.6%)
583.10M
est: 374.73M (+55.6%)
533.69M
est: 545.85M (-2.2%)
1.28B
est: 1.15B (+10.9%)
1.59B
1.29B – 1.76B
+38.1% YoY
1.80B
1.63B – 1.98B
+13.2% YoY
1.85B
1.60B – 2.04B
+2.7% YoY
1.47B
1.27B – 1.62B
-20.5% YoY
1.52B
1.31B – 1.67B
+3.2% YoY
EBITDA
-42.10M
est: 51.62M (-181.6%)
107.80M
est: 67.99M (+58.6%)
6.66M
est: 55.22M (-87.9%)
-148.60M
est: 72.91M (-303.8%)
42.49M
est: 81.76M (-48.0%)
105.54M
est: 77.55M (+36.1%)
161.20M
est: 124.96M (+29.0%)
92.22M
est: 144.24M (-36.1%)
-46.92M
est: 80.32M (-158.4%)
118.13M
est: 116.99M (+1.0%)
636.78M
est: 247.23M (+157.6%)
341.53M
276.59M – 377.47M
+38.1% YoY
386.66M
349.94M – 423.38M
+13.2% YoY
397.05M
341.87M – 436.65M
+2.7% YoY
315.61M
271.75M – 347.09M
-20.5% YoY
325.67M
280.41M – 358.15M
+3.2% YoY
EBIT
-112.89M
est: -13.64M (-727.5%)
28.24M
est: -17.97M (+257.2%)
-73.97M
est: -14.59M (-406.9%)
-239.99M
est: -19.27M (-1,145.5%)
-26.90M
est: -21.61M (-24.5%)
43.92M
est: -20.49M (+314.3%)
41.73M
est: -33.02M (+226.4%)
-47.02M
est: -38.12M (-23.4%)
-183.60M
est: -4.58M (-3,907.3%)
-10.49M
est: -6.67M (-57.2%)
356.06M
est: -14.10M (+2,624.7%)
-19.48M
-21.53M – -15.78M
-38.1% YoY
-22.06M
-24.15M – -19.96M
-13.2% YoY
-22.65M
-24.91M – -19.50M
-2.7% YoY
-18.00M
-19.80M – -15.50M
+20.5% YoY
-18.58M
-20.43M – -16.00M
-3.2% YoY
Net Income
-100.12M
est: -27.72M (-261.2%)
8.43M
est: 30.52M (-72.4%)
-54.37M
est: -1.23M (-4,310.2%)
-194.33M
est: -68.20M (-184.9%)
-40.34M
est: 21.11M (-291.1%)
24.26M
est: 55.61M (-56.4%)
-4.84M
est: 22.79M (-121.2%)
-110.87M
est: -52.48M (-111.3%)
-137.30M
est: -94.31M (-45.6%)
-96.99M
est: -77.50M (-25.1%)
167.81M
est: 164.01M (+2.3%)
413.84M
361.89M – 465.80M
+152.3% YoY
505.86M
447.70M – 564.01M
+22.2% YoY
458.47M
385.48M – 531.47M
-9.4% YoY
306.76M
251.34M – 346.53M
-33.1% YoY
290.86M
238.31M – 328.57M
-5.2% YoY
SGA
19.53M
est: 35.71M (-45.3%)
20.96M
est: 47.04M (-55.4%)
25.26M
est: 38.20M (-33.9%)
28.04M
est: 50.44M (-44.4%)
40.93M
est: 56.56M (-27.6%)
55.49M
est: 53.65M (+3.4%)
48.90M
est: 86.45M (-43.4%)
58.83M
est: 99.79M (-41.0%)
73.64M
est: 38.41M (+91.7%)
71.65M
est: 55.96M (+28.0%)
89.19M
est: 118.25M (-24.6%)
163.35M
132.29M – 180.54M
+38.1% YoY
184.94M
167.37M – 202.50M
+13.2% YoY
189.91M
163.51M – 208.84M
+2.7% YoY
150.95M
129.97M – 166.01M
-20.5% YoY
155.76M
134.12M – 171.30M
+3.2% YoY
EPS
-0.84
est: -0.10 (-770.4%)
0.05
est: 0.11 (-53.0%)
-0.32
est: 0.00 (-7,355.5%)
-1.11
est: -0.24 (-367.4%)
-0.20
est: 0.07 (-372.1%)
0.11
est: 0.19 (-43.2%)
-0.02
est: 0.08 (-125.3%)
-0.43
est: -0.18 (-135.3%)
-0.48
est: -0.20 (-140.3%)
-0.35
est: -0.16 (-113.2%)
0.35
est: 0.35 (+0.8%)
0.88
0.75 – 0.96
+154.5% YoY
1.05
0.92 – 1.16
+18.4% YoY
0.97
0.80 – 1.10
-7.3% YoY
0.63
0.52 – 0.72
-34.8% YoY
0.60
0.49 – 0.68
-5.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C+ 2/5 1/5 3/5 4/5 2/5 1/5 2/5
2026-05-08 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-05-07 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-05-06 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-05-05 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-05-04 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-05-01 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-04-30 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-04-29 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-04-28 B- 2/5 1/5 3/5 5/5 2/5 1/5 2/5
2026-04-27 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-24 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-23 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-22 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-21 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-20 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-17 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-16 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5
2026-04-15 C+ 2/5 1/5 3/5 5/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.05B
OE per share TTM
4.23
Owner's Yield
12.93%
Maintenance CapEx ratio
791.73%
Maint CapEx / Avg PPE
236.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
69.8K
Shares Outstanding
493.73M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Keith N. Neumeyer Founder, CEO & Director 5M male
Steven C. Holmes Chief Operating Officer 2M male
David Soares Chief Financial Officer 2M male
Michael Jarred Deal Vice-President of Metallurgy & Innovation 1M male
Mani Alkhafaji President & Chief Corporate Development Officer 1M male
Colin Bradford Bower Vice President of Operations-Mexico 982.1K male
Karen Liu Vice President of Treasury female
Jill Anne Arias Vice President of Corporate Communications & Marketing female
Gonzalo Ariel Mercado Vice President of Exploration & Technical Services male
Samir Devendra Patel General Counsel & Corporate Secretary male
David Smith Vice President of Human Resources male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits