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First Majestic Silver Corp

Company price
15.16 USD 0.27 ( 1.81%)
Last update at 2026-11-06T21:17:00Z
VOLUME
10626458
Market Cap
9187.77M
P/E
27.01

Momentum Score

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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. 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.

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Day Price Range
14.52
Low
15.21
High
52 Week Price Range
9.66
Low
31.99
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

First Majestic Silver Corp is a Canada-headquartered miner focused on silver production from operating assets in Mexico and related processing and exploration activities. Long-term growth may be supported by exposure to silver and gold prices, development and exploration of existing deposits, and operational improvements that could support cash flow and may benefit investors seeking metal-price leverage.

Material risks include commodity-price volatility, operating and permitting risks in Mexico, resource and exploration uncertainty and potential cost pressures from inflation, environmental and social obligations.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
14.89
Dividend Yield
0.24%
Revenue TTM
1641.15M
Revenue Per Share
3.34
Gross Profit TTM
1039.02M
Debt / Equity
0.11
ROE
13.43%
Net Debt
-478.30M
ROCE
8.42%
Diluted EPS TTM
0.69

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 401.94M -26.45M -195.91M -61.40M 25.25M
Minority interest -46.05M 0.00M - - -
Net income 167.81M -101.89M -135.11M -114.28M -4.92M
Selling general administrative 67.55M 39.60M 50.38M 48.70M 37.68M
Selling and marketing expenses - 13.49M 23.42M - -
Gross profit 445.25M 192.24M 25.64M 16.75M 101.42M
Reconciled depreciation 264.80M 125.49M 131.86M 137.41M 118.28M
Ebit 356.06M -10.49M -180.67M -50.54M 49.20M
Ebitda 636.78M 118.13M -54.50M 86.87M 165.56M
Depreciation and amortization 280.72M 128.62M 126.17M 137.41M 116.36M
Operating income 356.06M -3.75M -178.78M -50.54M 49.20M
Other operating expenses 923.11M 564.36M 755.17M 678.46M 540.44M
Interest expense 15.06M 14.70M 15.25M 12.94M 12.55M
Tax provision 184.05M 75.43M -62.05M 52.87M 30.17M
Interest income 14.70M 5.24M 7.10M 2.35M 13.00M
Net interest income -3.80M -13.21M -10.45M -11.87M -12.06M
Income tax expense 187.27M 75.43M -60.80M 52.87M 30.17M
Total revenue 1279.16M 560.60M 576.38M 626.85M 587.23M
Total operating expenses 89.19M 195.99M 204.43M 68.36M 54.64M
Cost of revenue 833.91M 368.37M 550.74M 610.10M 485.81M
Total other income expense net 45.88M -22.70M -17.13M -10.87M -23.95M
Net income from continuing ops 210.97M -101.89M -162.16M -114.28M -4.92M
Net income applicable to common shares - - - -114.28M -4.92M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4686.37M 1979.79M 1976.36M 2110.01M 2124.99M
Other current assets 11.94M 8.17M 47.31M 5.62M 17.92M
Total liab 1519.18M 628.72M 618.24M 698.71M 714.02M
Total stockholder equity 2755.98M 1351.07M 1351.17M 1411.30M 1410.97M
Other current liab 388.81M 43.00M 62.59M 78.54M 76.20M
Common stock 3073.58M 1978.10M 1879.97M 1781.28M 1659.78M
Capital stock 3079.18M 1978.10M 1879.97M 1781.28M 1659.78M
Retained earnings -560.95M -717.06M -606.76M -468.90M -347.75M
Other liab - - - 297.75M 332.05M
Other assets - -0.00M - 200.61M 200.79M
Cash 791.99M 202.18M 125.58M 151.44M 237.93M
Total current liabilities 458.30M 144.31M 120.14M 167.40M 172.82M
Current deferred revenue 0.59M 0.58M 2.29M 3.38M 12.23M
Net debt -478.30M 34.44M 130.53M 96.51M -16.83M
Short term debt 11.26M 16.64M 18.20M 14.38M 11.95M
Short long term debt 0.15M 0.43M 0.43M 0.55M 0.12M
Short long term debt total 313.69M 236.62M 256.11M 247.94M 221.09M
Other stockholder equity - 0.00M -10.07M 98.91M 98.94M
Property plant equipment - - - 1539.11M 1526.99M
Total current assets 1190.53M 368.82M 309.06M 370.29M 397.21M
Net tangible assets - - - 1411.30M 1410.97M
Short term investments 180.06M 49.78M 62.38M 34.53M 26.49M
Net receivables 121.94M 46.17M 10.10M 41.22M 54.26M
Long term debt 291.73M 208.66M 218.98M 209.81M 181.11M
Inventory 84.60M 62.52M 63.69M 64.76M 60.61M
Accounts payable 57.64M 58.59M 31.86M 71.09M 72.45M
Accumulated other comprehensive income 243.36M 90.03M 88.02M 98.91M 98.94M
Non currrent assets other 17.55M 127.54M 146.15M 143.55M 126.53M
Non current assets total 3495.84M 1610.97M 1667.30M 1739.72M 1727.78M
Capital lease obligations 16.52M 27.54M 36.70M 37.58M 39.86M
Long term debt total - - - - 209.14M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -114.16M -175.41M -213.80M -0.96M
Change to liabilities - - - -22.75M 16.58M
Total cashflows from investing activities -28.67M -114.16M -156.82M -213.80M -180.75M
Net borrowings 107.61M -37.27M -15.24M 6.53M 31.65M
Total cash from financing activities 98.33M 42.41M 74.46M 113.89M 111.82M
Change to operating activities - - - 3.81M -39.07M
Net income 167.81M -101.89M -137.59M -114.28M -4.92M
Change in cash 589.93M 76.60M -26.43M -86.49M -0.65M
Begin period cash flow 202.06M 125.58M 151.37M 237.93M 238.58M
End period cash flow 791.99M 202.18M 124.94M 151.44M 237.93M
Total cash from operating activities 565.92M 151.97M 48.39M 18.99M 68.72M
Issuance of capital stock 0.00M 93.90M 175.22M 113.39M 66.67M
Depreciation 280.72M 135.10M 136.96M 137.41M 39.71M
Other cashflows from investing activities - 0.96M 1.48M 2.87M -19.88M
Dividends paid 10.01M 5.30M 5.98M -6.87M -3.93M
Change to inventory -0.32M 2.27M -0.51M -3.45M -8.96M
Change to account receivables -56.38M 6.61M -9.44M -0.87M -3.39M
Sale purchase of stock -8.85M -0.27M -0.01M -0.67M -0.04M
Other cashflows from financing activities -60.38M -8.65M -15.52M 51.49M 270.24M
Change to netincome - - - 17.44M -16.36M
Capital expenditures 214.34M 115.12M 148.66M 217.68M 188.97M
Change in working capital -24.88M 29.23M -18.88M -27.69M -31.50M
Stock based compensation 12.65M 13.49M 12.87M 13.96M 12.29M
Other non cash items 232.89M 0.60M 144.08M -43.29M 22.98M
Free cash flow 351.58M 36.85M -100.26M -198.69M -120.24M

Peer Comparison*

Sector: Basic Materials Industry: Silver

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
AG
First Majestic Silver Corp
0.27
1.81%
15.16 27.01 20.49 5.60 3.12 5.08 8.25
DSVSF
Discovery Metals Corp
0.09
1.16%
7.84 51.07 13.62 9.50 10.28 9.27 20.87
EXK
Endeavour Silver Corp.
0.26
3.43%
7.85 - 11.43 5.93 5.15 6.44 31.00
SVM
Silvercorp Metals Inc
0.56
6.71%
8.90 103.64 15.67 5.09 2.56 4.55 12.12
HSLV
Highlander Silver Corp.
0.16
3.74%
4.44 - 30.21 19.40 2.75 - -

Profile*

First Majestic Silver Corp

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. 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.

925 West Georgia Street, Vancouver, BC, Canada, V6C 3L2

604 688 3033

Name Title Year Born
Mr. Keith N. Neumeyer Founder, Pres, CEO & Director 1960
Mr. Steven C. Holmes Chief Operating Officer NA
Mr. Ramon Mendoza Reyes P. Eng., P.Eng. VP of Technical Services NA
Mr. David Soares C.A., CPA, M.B.A. Chief Financial Officer NA
Mr. Arturo Diaz VP of Admin. NA
Ms. Sophie E. Hsia BCL, L.L.B., L.L.M., LLB, LLM Gen. Counsel NA
Ms. Jill Anne Arias VP of Corp. Communications & Marketing NA
Mr. Todd Anthony M.B.A., MBA VP of Corp. Devel. NA
Mr. David Smith VP of HR NA
Ms. Connie Lillico B.A. Corp. Sec. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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