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

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

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 Price Performance

AG traded up $1.80 during trading on Thursday, hitting $24.40. 15,325,171 shares of the stock traded hands, compared to its average volume of 27,681,148. The business has a 50 day moving average price of $20.12 and a 200 day moving average price of $14.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.38 and a quick ratio of 2.96. First Majestic Silver has a twelve month low of $5.09 and a twelve month high of $27.90. The company has a market cap of $12.03 billion, a price-to-earnings ratio of 173.48 and a beta of 0.85.

Wall Street Analyst Weigh In

AG has been the subject of a number of research analyst reports. BMO Capital Markets restated a “market perform” rating on shares of First Majestic Silver in a report on Friday, January 16th. Weiss Ratings restated a “hold (c-)” rating on shares of First Majestic Silver in a research note on Wednesday, January 21st. Cormark raised First Majestic Silver from a “hold” rating to a “moderate buy” rating in a report on Thursday, November 6th. Wall Street Zen downgraded First Majestic Silver from a “buy” rating to a “hold” rating in a report on Sunday, November 16th. Finally, Scotiabank boosted their target price on shares of 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. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.17.

Hedge Funds Weigh In On First Majestic Silver

Institutional investors have recently modified their holdings of the business. Wealthspire Retirement LLC lifted 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 buying an additional 450 shares during the last quarter. Vident Advisory LLC acquired a new position in First Majestic Silver during the fourth quarter worth about $996,000. State of Tennessee Department of Treasury bought a new position in shares of First Majestic Silver in the fourth quarter worth about $182,000. Mackenzie Financial Corp lifted its holdings in shares of First Majestic Silver by 67.3% in the fourth quarter. Mackenzie Financial Corp now owns 2,869,121 shares of the mining company’s stock worth $48,502,000 after acquiring an additional 1,154,430 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of 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. Institutional investors and hedge funds 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.