First Majestic Silver (NYSE:AG) Posts Earnings Results, Beats Expectations By $0.14 EPS

First Majestic Silver (NYSE:AG) (TSE:FR) posted its quarterly earnings results on Thursday. The mining company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14, Briefing.com reports. First Majestic Silver had a return on equity of 3.14% and a net margin of 7.07%.First Majestic Silver’s revenue for the quarter was up 169.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 EPS.

Here are the key takeaways from First Majestic Silver’s conference call:

• First Majestic beat revised guidance with Q4 production of 4.2M oz Ag (just over 15M oz Ag for 2025) and ~31M AgEq, underscoring operational execution.
• The company delivered record cash generation and revenue (nearly $1.3B), finishing with about $940M cash and $733M working capital, bolstering financial flexibility.
• Management raised shareholder returns and growth plans — the quarterly dividend was doubled to 2% of revenue, a low‑cost convertible note was issued, and capital will fund mint/plant expansions plus a 266 km drill program.
• A tax dispute with Mexican authorities (SAT) remains unresolved; management recorded a provision but the ultimate cash outcome and timing are still uncertain.
• AISC slightly missed prior guidance due to a drop in byproduct‑to‑silver conversion (reducing ~1–1.4M AgEq and adding ≈$1/oz to AISC); management also noted refinery financing disruptions industry‑wide but said First Majestic is not directly impacted.

First Majestic Silver Stock Performance

Shares of AG traded up $1.95 during mid-day trading on Thursday, reaching $24.55. 16,340,365 shares of the company’s stock were exchanged, compared to its average volume of 27,699,920. The business’s fifty day simple moving average is $20.12 and its 200-day simple moving average is $14.55. First Majestic Silver has a 52-week low of $5.09 and a 52-week high of $27.90. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.38 and a quick ratio of 2.96. The stock has a market capitalization of $12.10 billion, a PE ratio of 175.11 and a beta of 0.85.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AG shares. BMO Capital Markets restated a “market perform” rating on shares of First Majestic Silver in a research note on Friday, January 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of First Majestic Silver in a report on Wednesday, January 21st. HC Wainwright raised their target price on shares of First Majestic Silver from $17.50 to $24.50 and gave the company a “buy” rating in a report on Friday, January 16th. Scotiabank upped their price objective on First Majestic Silver from $12.50 to $23.00 and gave the company a “sector perform” rating in a research report on Monday, January 26th. Finally, Wall Street Zen downgraded shares of First Majestic Silver from a “buy” rating to a “hold” rating in a report on Sunday, November 16th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.17.

Institutional Investors Weigh In On First Majestic Silver

Institutional investors have recently modified their holdings of the company. Wealthspire Retirement LLC raised its position in shares of First Majestic Silver by 1.4% during the 4th quarter. Wealthspire Retirement LLC now owns 32,450 shares of the mining company’s stock worth $541,000 after purchasing an additional 450 shares during the last quarter. Vident Advisory LLC acquired a new position in shares of First Majestic Silver in the 4th quarter valued at $996,000. State of Tennessee Department of Treasury acquired a new stake in First Majestic Silver during the fourth quarter worth about $182,000. Mackenzie Financial Corp grew its stake in First Majestic Silver by 67.3% during the fourth quarter. Mackenzie Financial Corp now owns 2,869,121 shares of the mining company’s stock worth $48,502,000 after buying an additional 1,154,430 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in First Majestic Silver by 96.0% in the 4th quarter. NewEdge Advisors LLC now owns 296,536 shares of the mining company’s stock valued at $4,940,000 after purchasing an additional 145,235 shares in the last quarter. Hedge funds and other institutional investors own 27.16% of the company’s stock.

First Majestic Silver Company Profile

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.