Loading AG detail
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America.
It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares. The company also holds 100% interests in the La Parrilla Silver Mine that covers an area of 69,478 hectares located in Durango; the Del Toro Silver Mine consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 12,795 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in Mexico. In addition, it holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,913 hectares in Ontario, Canada. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006.
First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Chart data unavailable

First Majestic's First Mint unit surges with record revenues and rising silver prices, boosting sales volumes and expanding its role in overall production growth.

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the first quarter of 2026 was 3.5 million ounces of silver ("Ag"), 34,341 ounces of gold ("Au"), 15.4 million pounds of zinc ("Zn"), 8.7 million pounds of lead ("Pb") and 262,913 pounds of copper ("Cu"), across the Company's four producing underground mines in Mexico, namely, the Santa Elena Silver/Gold Mine ("Santa Elena"), the Los Gatos Silver Mine ("Los Gatos") (the Company holds a 70% interest in the Los Gatos Joint Venture that owns the mine), the San Dimas Silver/Gold Mine ("San Dimas"), and the La Encantada Silver Mine ("La Encantada"). Q1 2026 PRODUCTION AND OTHER HIGHLIGHTS Quarterly Silver Production (26% of guidance midpoint): The Company produced 3.5 million silver ounces in Q1 2026 compared to 3.7 million silver ounces produced in Q1 2025, representing 26% of the 2026 silver production guidance midpoint.

AG gains from strong Los Gatos mine output and rising silver prices, with higher production and expansion plans driving growth momentum.

Gold mining stocks were reaching for new heights in Q1 2026, but their quest got derailed as uncertainty arose about the outlook. The war in the Middle East can cause all sorts of problems for gold and gold miners, something likely to continue in Q2 2026. While an oil crisis is a short-term headwind for gold and gold miners, the long-term impact could be more positive for both.

SG Americas Securities LLC raised its stake in First Majestic Silver Corp. (NYSE: AG) (TSE: FR) by 194.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 131,267 shares of the mining company's stock after buying an additional 86,715 shares during the quarter. SG Americas Securities LLC's

Targeting Production Restart in the Second Half of 2027 Vancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has commenced a restart plan for its Jerritt Canyon Gold Mine ("Jerritt Canyon") located in Nevada, USA, as a result of the new expanded Mineral Resource base combined with strengthened long-term gold price assumptions and successful drilling results over the past 2 years. As part of this plan, the Company has engaged Stantec Consulting Services Inc. to complete a pre-feasibility level study on Jerritt Canyon (the "Study") that is expected to be completed in Q4 of 2026.

/PRNewswire/ -- USANewsGroup.com - In November 2025, the U.S. Geological Survey added silver to the Critical Minerals List for the first time. In January 2026,

Record Mineral Resources Strengthens Long-Term Value and Production Options Santo Niño Discovery Adds 27.4 Million Silver-Equivalent Ounces to Santa Elena Inferred Resources Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce its 2025 Mineral Reserve and Mineral Resource estimates for its four operating mines in Mexico and its Jerritt Canyon Gold Mine ("Jerritt Canyon") in Nevada, U.S.A., with an effective date of December 31, 2025.

AG stands out over CDE with strong production growth, rising estimates and momentum in its mining and minting operations.

Victor Dergunov, The Financial Prophet, talks his 5 step plan - raising cash, rotating into gold miners, energy, and defensive sectors amid heightened market uncertainty. Gold miners like Barrick (GOLD), Newmont (NEM), Agnico Eagle (AEM), and Kinross (KGC) are attractive after major declines, despite near-term headwinds from interest rate expectations.

First Majestic Silver is upgraded to Buy, driven by the transformative Los Gatos acquisition and record Q4 2025 free cash flow of $250 million. AG's leverage to silver prices is substantial, with Q4 2025 production up 77% year-over-year and significant margin expansion at current silver levels. Despite a premium 17.4x forward P/E, AG's improved balance sheet, active portfolio streamlining, and near-term catalysts justify the valuation.

AG delivers 37% Q4 output growth and meets 2025 targets, driven by Gatos Silver acquisition and strong mine performance.

Its price has suddenly and sharply declined over the past few days. This is due largely to the Iran war.

Here is how First Majestic Silver (AG) and South32 Ltd. (SOUHY) have performed compared to their sector so far this year.

First Majestic Silver (AG) – a mining and production company dealing in silver and gold in North America – experienced a 6-day decline, with total losses during this timeframe reaching -24%. The company's market capitalization has plummeted by approximately $3.1 billion over the past 6 days, now amounting to $10.0 billion.