NYSE · Silver · USD

First Majestic Silver Corp. (AG) Stock Analysis

First Majestic Silver Corp. (AG) is a Silver stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

$16.09

+$0.10 (+0.63%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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AG Key Statistics

As of Oct 21, 2026

Trading

Open: $16.10
Previous Close: $15.99
Day's Range: 15.87–16.22
52-Week Range: 10.19–32.04
Volume: 5.95M
Beta: 2.19

Valuation

Market Cap: $7.93B
P/E Ratio: 22.99
Forward P/E: 16.29
P/S ratio: 4.83
EPS (ttm): 0.70

Financials (FY)

Revenue (FY): $1.27B+124.47%
Net Income (FY): $164.92M
Profit margin: 21.18%
Shares Outstanding: 493.08M
1-Year Return: +26.34%

Dividend and dates

Dividend: $0.06+0.38%
Ex-Dividend Date: August 14, 2026
Earnings Date: November 5, 2026
Avg Volume: 10.00M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, AG closed at $16.09, +26.34% over 1 year.

First Majestic Silver Corp. (AG) has a market capitalization of $7.93B.

In fiscal 2025, AG reported revenue of $1.27B.

AG Stock Return by Calendar Year

First Majestic Silver Corp. (AG) 10-year return: what $10,000 became

1 year: $10,000 $12,634; +26.34%
5 years: $10,000 $12,569; +25.69%
10 years: $10,000 $19,799; +97.99%

If you had invested $10,000 in First Majestic Silver Corp. (AG) 10 years ago, at the close on October 21, 2016, it would have been worth $19,799 at the close on October 21, 2026: +97.99% in total, +7.07% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−57.98%+204.07%−3.31%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−3.31%
2025	+204.07%
2024	−10.45%
2023	−25.98%
2022	−24.73%
2021	−17.24%
2020	+9.62%
2019	+108.15%
2018	−12.61%
2017	−11.67%
2016 (partial year)	−57.98%

As of October 21, 2026.

AG Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$1.27B	$164.92M	13.0%
2024	$563.63M	−$101.89M	−18.1%
2023	$576.39M	−$135.11M	−23.4%
2022	$626.85M	−$114.28M	−18.2%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$1.27B	$450.05M	$349.93M	$164.92M	13.0%
2024	$563.63M	$91.90M	$5.54M	−$101.89M	−18.1%
2023	$576.39M	$25.64M	−$56.66M	−$135.11M	−23.4%
2022	$626.85M	$16.75M	−$51.61M	−$114.28M	−18.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

AG Dividend History

’21’22’23’24’25’26*

$0.01−42.1% vs 2024

Dividends per share, 2025 · 2 payments

Year	Dividends per share	Payments	Change
2026*	$0.04	3	—
2025	$0.01	2	−42.1%
2024	$0.02	4	−9.5%
2023	$0.02	4	−19.2%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.04	3	—
2025	$0.01	2	−42.1%
2024	$0.02	4	−9.5%
2023	$0.02	4	−19.2%
2022	$0.03	4	+62.5%
2021	$0.02	3	—

Most recent payment: $0.01 per share, ex-dividend August 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

AG Valuation vs Silver Median

Median of 11 stocks

Metric	AG	Silver median	vs median
P/E	22.99	26.40	13% below
P/S ratio	4.83	4.83	0% above
Profit margin	21.18%	21.18%	0.0 pts above

Medians across 11 Silver stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values First Majestic Silver Corp. (AG) at $7.93B. It is classified in the Silver industry, within the Basic Materials sector.

The 52-week range on file runs from $10.19 to $32.04. The most recent close on file for AG is $16.09, dated October 21, 2026. That is +$0.10 (+0.63%) against the previous close. The latest close sits 57.9% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $1.27B. Against the prior fiscal year total of $563.63M, that is a change of +124.47%. Net income for the same year was $164.92M. The reported profit margin is 21.18%. Earnings per share on a trailing basis come to 0.7.

Across the 4 fiscal years on file, revenue moves from $626.85M in 2022 to $1.27B in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 22.99. That is 12.92% below the Silver median of 26.4. The forward P/E on file is 16.29. The price-to-sales ratio is 4.83. On price-to-sales that is 0% above the Silver median of 4.83. The medians here are taken across 11 Silver companies that report the metric.

The trailing one-year total return is +26.34%. Measured over 10 years, that is +7.07% a year compounded. The reported beta is 2.19. Daily returns over the trailing 10 years annualize to a volatility of 61.8%.

Growth & Income

AG pays a dividend yielding 0.38%. That is 0.1 percentage points above the Silver median yield of 0.33%. The indicated annual rate is $0.06 a share. The ex-dividend date on file is August 14, 2026. Dividends are recorded for 6 calendar years; 2026 shows 3 payments totalling $0.04 a share. The year before, 2025, totalled $0.01 a share.

Across the complete calendar years on file, 2025 returned +204.07% and 2023 returned −25.98%. Of the 9 complete calendar years on file, 3 finished higher. So far in 2026 the total return is −3.31%.

Peer Comparison

First Majestic Silver Corp. (AG) operates in the Silver industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
First Majestic Silver Corp.	AG	$7.93B	23.0
Discovery Mining Ltd.	DSV.TO	CA$9.24B	26.4
Aya Gold & Silver Inc.	AYA	$3.78B	34.1
Endeavour Silver Corp.	EDR.TO	CA$3.46B	41.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Silver industry average P/E ratio is 26.4x. First Majestic Silver Corp. trades at a P/E of 23.0.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About 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.

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First Majestic Silver Corp. (AG) Stock Analysis

Price History

AG Key Statistics

AG Stock Return by Calendar Year

First Majestic Silver Corp. (AG) 10-year return: what $10,000 became

AG Revenue and Earnings by Fiscal Year

AG Dividend History

AG Valuation vs Silver Median

Recent News

First Majestic Announces Temporary Suspension of NAFTA Arbitration Proceedings as Settlement Framework Agreed to with Mexico

First Majestic Silver Agrees To Suspend Its NAFTA Arbitration Proceedings Against The Government Of Mexico

First Majestic's Silver Production Decreases 11% Y/Y in Q3

HC Wainwright & Co. Maintains Buy on First Majestic Silver, Lowers Price Target to $25.5

First Majestic Reports Q3 2026 Production Results, Announces Q3 Conference Call Details and Renewal of Share Repurchase Program

First Majestic Silver Reports Q3 Silver Production Of 3.4M Ounces, 72% Of The 2026 Revised Guidance Midpoint

Can First Majestic Meet Its Upbeat 2026 Production Guidance?

Implied Volatility Surging for First Majestic Silver Stock Options

First Majestic Silver Eyes Growth, Jerritt Canyon Restart as Silver Deficit Deepens

First Majestic's 2026 Outlook: Silver Production Targets Continued Scale Post-Acquisition

First Majestic Reports High-Grade Drill Results and Expands Exploration Footprint at San Dimas

First Majestic Silver Corp (NYSE:AG) Combines Strong Growth With a Timely Technical Breakout Setup

First Majestic Silver (NYSE:AG) Combines High Growth Momentum with a Breakout Setup

First Majestic: Closer To Fair Value (Upgrade To Hold)

First Majestic Silver (NYSE:AG) Qualifies as an Affordable Growth Stock

Reported Earlier, Aura Minerals Greenlights $382M Era Dorada Underground Gold Project In Guatemala, Estimating 111,000 Oz Annual Output And First Half 2028 Production Commencement

HC Wainwright & Co. Maintains Buy on First Majestic Silver, Raises Price Target to $27

First Majestic Silver Corp. (AG:CA) Q2 2026 Earnings Call Transcript

First Majestic Silver: The Silver Re-Rating Opportunity Returns (Rating Upgrade)

First Majestic Hikes Dividend 217% After Silver Rally Swells Cash Hoard