Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesFirst Majestic Silver Corp

First Majestic Silver Corp

Basic Materials Silver
PortfolioPortfolio WatchlistWatchlist
Company price
21.55 CAD 1.78 ( 9.00%)
Last update at 2026-11-04T20:37:00Z
VOLUME
1262365
Market Cap
13541.55M
P/E
58.43

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
20.66
Low
21.57
High
52 Week Price Range
7.64
Low
43.69
High

Momentum Score

…
Loading momentum score…

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 Canadian precious metals miner focused on silver production in Mexico with several operating mines and development projects. Long-term growth drivers include metal price exposure, exploration and reserve replacement, and operational improvements that could lift output. The company may appeal to investors seeking direct silver exposure and could support cash flow if commodity prices remain favorable.

Key risks include volatility in silver and gold prices, permitting and operational challenges in Mexico, and financing or execution risks that could constrain production.

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
19.77
Dividend Yield
0.08%
Revenue TTM
1257.16M
Revenue Per Share
2.62
Gross Profit TTM
693.37M
Debt / Equity
0.11
ROE
9.33%
Net Debt
-478.30M
ROCE
8.42%
Diluted EPS TTM
0.47

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 - - - -
Net income 167.81M -101.89M -135.11M -114.28M -4.92M
Selling general administrative 67.55M 51.60M 50.38M 48.70M 37.68M
Gross profit 445.25M 91.90M 25.64M 16.75M 101.42M
Reconciled depreciation 264.80M 125.49M 126.17M 137.41M 118.28M
Ebit 356.06M - -180.67M -48.46M 49.20M
Ebitda 636.78M - -54.50M 88.95M 165.56M
Depreciation and amortization 280.72M - 126.17M 137.41M 116.36M
Operating income 356.06M 5.54M -178.78M -50.54M 49.20M
Other operating expenses 923.11M - 755.17M 678.46M 540.44M
Interest expense 15.06M 15.44M 15.25M 12.94M 12.55M
Tax provision 184.05M 75.43M -60.80M 52.87M 30.17M
Interest income 9.39M 5.24M 6.51M 2.35M 1.07M
Net interest income -3.80M -13.21M -11.45M -11.87M -12.06M
Income tax expense 187.27M - -60.80M 52.87M 30.17M
Total revenue 1279.16M 563.63M 576.38M 626.85M 587.23M
Total operating expenses 89.19M 558.09M 204.43M 68.36M 54.64M
Cost of revenue 833.91M 471.73M 550.74M 610.10M 485.81M
Total other income expense net 45.88M -18.78M -17.13M -9.79M -23.95M
Net income from continuing ops 210.97M -101.89M -135.11M -114.28M -4.92M
Net income applicable to common shares 164.92M - - - -
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 8.72M 5.62M 5.35M
Total liab 1519.18M 628.72M 618.24M 698.71M 714.02M
Total stockholder equity 2755.98M 1351.07M 1358.12M 1411.30M 1410.97M
Other current liab 388.81M - - 16.28M -
Common stock 3073.58M - - - -
Capital stock 3079.18M 1978.10M 1879.97M 1781.28M 1659.78M
Retained earnings -560.95M -717.06M -609.88M -468.90M -347.75M
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 - - - -
Net debt -478.30M 6.90M 93.83M 58.80M -
Short term debt 11.26M - - - -
Short long term debt 0.15M 0.43M 0.43M 0.43M 0.07M
Short long term debt total 313.69M - - - -
Total current assets 1190.53M 368.82M 309.06M 370.29M 397.21M
Short term investments 180.06M 49.78M 62.38M 34.53M 26.49M
Net receivables 121.94M 12.30M 10.10M 8.60M 7.73M
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 48.16M 71.09M 72.45M
Accumulated other comprehensive income 243.36M - - - -
Non currrent assets other 17.55M 106.07M 125.57M 125.19M 115.01M
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
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 -154.00M -213.80M -180.75M
Total cashflows from investing activities -28.67M - - - -
Net borrowings 107.61M - - - -
Total cash from financing activities 98.33M 42.41M 64.65M 113.89M 111.82M
Net income 167.81M -101.89M -135.11M -114.28M -4.92M
Change in cash 580.25M 80.22M -25.86M -86.49M -0.65M
Begin period cash flow 211.74M 125.58M 151.44M 237.93M 238.58M
End period cash flow 791.99M 202.18M 125.58M 151.44M 237.93M
Total cash from operating activities 565.92M 151.97M 55.61M 18.99M 68.72M
Issuance of capital stock 0.00M 93.90M 92.09M 113.39M 66.67M
Depreciation 280.72M - 234.32M 137.41M 39.71M
Other cashflows from investing activities 182.48M - - - -
Dividends paid 10.01M 5.30M 5.87M 6.87M 3.93M
Change to inventory -0.32M 2.27M -0.51M -3.45M -8.96M
Change to account receivables -56.38M -1.51M -1.50M -0.87M -3.39M
Sale purchase of stock -8.85M -0.27M 0.00M -0.67M -0.04M
Other cashflows from financing activities -60.38M - -6.34M 1.49M 17.47M
Capital expenditures 214.34M 115.12M 145.98M 217.68M 188.97M
Change in working capital -24.88M 29.23M -18.92M -27.69M -31.50M
Stock based compensation 12.65M 12.19M 12.87M 13.96M 12.29M
Other non cash items 232.89M 27.46M 23.25M -43.29M 22.98M
Free cash flow 351.58M 36.85M -90.37M -198.69M -120.24M

Peer Comparison*

Sector: Basic Materials Industry: Silver

Stock Name
Change
(CAD)
Price
(CAD)
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		 1.78
9.00%		 21.55 58.43 19.88 10.77 3.58 7.32 13.72
DSV
Discovery Silver Corp.		 1.40
14.55%		 11.02 51.21 12.90 12.07 9.78 8.83 19.88
EDR
Endeavour Silver Corp.		 1.11
11.26%		 10.97 - 11.35 8.10 5.12 6.44 31.00
SVM
Silvercorp Metals Inc		 1.02
9.16%		 12.16 - 10.44 9.83 3.83 6.52 24.64
AYA
Aya Gold & Silver Inc		 3.73
11.56%		 36.01 53.45 10.45 16.64 5.93 12.08 24.15

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

https://www.firstmajestic.com

Name Title Year Born
Mr. Keith N. Neumeyer Founder, President, CEO & Director 1960
Mr. David Soares C.A., CPA, M.B.A. Chief Financial Officer NA
Mr. Steven C. Holmes B.Sc., M.B.A. Chief Operating Officer NA
Mr. Colin Bradford Bower Vice President of Operations-Mexico NA
Mr. Michael Jarred Deal Vice-President of Metallurgy & Innovation NA
Mr. Gonzalo Ariel Mercado Vice President of Exploration & Technical Services NA
Mr. Mani Alkhafaji VP of Corporate Development & Investor Relations NA
Mr. Samir Devendra Patel L.L.B., LL.B. (Hons) General Counsel & Corporate Secretary NA
Ms. Jill Anne Arias Vice President of Corporate Communications & Marketing NA
Mr. David Smith Vice President of Human Resources 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.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.50
+15.05%
DSV
CAD 11.02
+14.55%
USA
CAD 4.29
+13.19%
NUAG
CAD 7.70
+12.90%
GMIN
CAD 43.79
+12.86%
DRUG
CAD 26.11
-29.58%
HUT
CAD 68.98
-22.41%
UCU
CAD 2.09
-14.34%
VET
CAD 14.87
-14.29%
PHX
CAD 10.96
-13.56%

Equity Sectors*

  • Basic Materials

    +5.46%

  • Communication Services

    +3.38%

  • Consumer Cyclical

    +3.11%

  • Consumer Defensive

    +1.35%

  • Energy

    -4.79%

  • Financial Services

    +2.66%

  • Healthcare

    -0.72%

  • Industrials

    -0.11%

  • Real Estate

    +1.84%

  • Technology

    +1.05%

  • Utilities

    +0.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…