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12 hours ago
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First Majestic Q2 Earnings Miss Estimates, Revenues Surge Y/Y
Shares of First Majestic Silver Corp AG dipped 1% since reporting adjusted earnings per share of 4 cents in the second quarter of 2025 on Aug. 14, missing the Zacks Consensus Estimate of 6 cents. However, the reported figure marks a significant improvement from the loss of 7 cents per share incurred in the year-ago quarter. Including one-time items, AG delivered earnings of 11 cents per share in the reported quarter against a loss of 17 cents in the year-earlier quarter. First Majestic Silver Corp. Price, Consensus and EPS Surprise First Majestic Silver Corp. price-consensus-eps-surprise-chart | First Majestic Silver Corp. Quote First Majestic's revenues surged 94% year over year to a record $264 million in the quarter under review. The average realized silver price was $34.62 per payable silver equivalent (AgEq) ounce in the quarter, up 24% year over year. First Majestic's Q2 Adjusted EBITDA Surges Y/Y The company recorded cash costs per AgEq ounce of $15.08, down 1% from the year-ago quarter. Consolidated all-in-sustaining costs of $21.02 per AgEq ounce were 3% lower than the prior-year quarter. First Majestic reported a mine-operating profit of $49 million in the quarter compared with the mine-operating profit of $15.5 million in the year-ago quarter. The company posted adjusted EBITDA of $125 million in the second quarter of 2025, a significant improvement from $26 million reported in the prior year-quarter. AG Q2 Production Details The company's production reached 7.9 million silver-equivalent ounces in the second quarter of 2025. The figure includes 3.7 million silver ounces and 33,865 gold ounces. The AgEq ounces produced marked a solid 48% year-over-year increase, attributed to a 76% surge in silver upside was driven by increased production from the San Dimas mine and La Encantada mine, and contributions from the Cerro Los Gatos mine. First Majestic's Financial Position AG ended the second quarter of 2025 with $385 million of cash in hand. Operating cash flow before movement in working capital and taxes was $115 million in the quarter under review, compared with the prior-year quarter's $25 million. AG Stock's Price Performance Shares of the company have gained 53.2% in the past year compared with the industry's 36.4% growth. Image Source: Zacks Investment Research First Majestics Zacks Rank First Majestic currently has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. AG's Peer Performances in Q2 Endeavour Silver Corporation EXK incurred an adjusted loss of 3 cents per share for the second quarter of 2025 against break-even earnings reported in the prior-year quarter. Endeavour Silver's bottom line missed the Zacks Consensus Estimate of earnings of 1 cent per Silver revenues improved 46% to $85 million from $58 million in the second quarter of 2024. The top line beat the Zacks Consensus Estimate of $80 Mining Company HL reported second-quarter 2025 adjusted earnings per share of 8 cents, beating the Zacks Consensus Estimate of 5 cents. Hecla Mining posted earnings of 2 cents per share in the year-ago Mining's revenues increased 23.6% year over year to $304 million in the quarter under review. The top line beat the Zacks Consensus Estimate of $274 American Silver Corp. PAAS posted second-quarter 2025 adjusted earnings per share of 43 cents, beating the Zacks Consensus Estimate of 40 cents. Pan American Silver reported earnings per share of 11 cents in the year-ago American Silver's revenues increased 18.4% year over year to $812 million in the quarter under review. The top line beat the Zacks Consensus Estimate of $782 million. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hecla Mining Company (HL) : Free Stock Analysis Report Pan American Silver Corp. (PAAS) : Free Stock Analysis Report Endeavour Silver Corporation (EXK) : Free Stock Analysis Report First Majestic Silver Corp. (AG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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First Majestic Announces Positive Exploration Results at San Dimas
Expansionary drilling intersects high-grade silver and gold mineralization near underground mine development. High-grade silver and gold intersection of the new Coronado vein highlights the potential for new Mineral Resource discoveries. Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to report positive drilling results from its ongoing exploration program at the San Dimas Silver/Gold Mine, located in Durango, Mexico. The ongoing exploration program was designed to explore for new veins, expand the Mineral Resources, and upgrade Inferred Mineral Resources to Indicated Mineral Resources. "The 2025 exploration results at San Dimas continue to reinforce its position as a high-quality asset within First Majestic's portfolio of operating mines," stated Keith Neumeyer, President & CEO of First Majestic. "We are realizing strong results from numerous veins at San Dimas near-mine extensions at Elia, Sinaloa, Roberta, and Santa Teresa, and we are excited by the new high-grade silver and gold intercept of the Coronado vein in the West Block. Extensions of historically mined areas remain untested by modern methods, and this speaks to the untapped potential of the district. These new results confirm our view that San Dimas has significant growth opportunities and remains a cornerstone asset for our long-term growth strategy." KEY DRILLING HIGHLIGHTS Exploration drilling intersected significant gold ("Au") and silver ("Ag") mineralization in multiple veins across the San Dimas property. A selection of significant drill hole intersections from these veins, namely the Sinaloa-Elia vein, the Roberta vein, the Santa Teresa vein, and the Coronado vein (Figure 1), are highlighted in Table 1 below: Table 1: Summary of Significant Gold and Silver Drill Hole Intercept Highlights Drillhole Target Significant Intercept From (m) To (m) True Length (m) Metal Grades ELI25X-1 Elia 273.60 279.15 3.57 15.93 g/t Au and 1,112 g/t Ag SIN25X-5 Sinaloa 172.40 178.10 5.17 7.66g/t Au and 495 g/t Ag SJE25-4 Jessica 21.75 25.55 3.20 7.86g/t Au and 193 g/t Ag ELI25X-17 Elia 312.10 313.40 1.06 23.70 g/t Au and 578 g/t Ag STE25X-20 Santa Teresa 220.10 224.25 2.53 9.65 g/t Au and 121 g/t Ag ROT25X-10 Roberta 218.75 220.55 1.52 6.40 g/t Au and 472 g/t Ag COR25X-2 Coronado 752.60 754.75 2.12 2.59 g/t Au and 327 g/t Ag Figure 1: San Dimas District Vein Occurrence Map To view an enhanced version of this graphic, please visit: Sinaloa-Elia Veins Drilling at the historic Sinaloa-Elia veins cut multiple intercepts with high-grade gold and silver mineralization. The drill holes expand the known mineralization beyond the current Mineral Resources and confirm the presence of mineralization below historically mined areas along the Sinaloa vein and to the east of the Elia vein (Figure 2). Additional drill holes successfully converted Inferred Mineral Resources to Indicated Mineral Resources effectively de-risking mineralization for near-term mining. Select drill hole assay grades and true width intervals of the vein intersections include: ELI25X-1: 3.57 metres ("m") at 15.93 g/t Au and 1,112 g/t Ag; SIN25X-5: 5.17 m at 7.66 g/t Au and 495 g/t Ag; ELI25X-17: 1.06 m at 23.70 g/t Au and 578 g/t Ag; and SIN25X-9: 2.12 m at 8.38 g/t Au and 242 g/t Ag. Roberta Vein The Roberta vein is one of the largest past producing veins at San Dimas, and expansionary drilling of the vein explored untested up-dip mineralization continuity outside current Inferred Mineral Resources (Figure 3). Several drillholes yielded significant results, and select assay grades and true width intersections include: ROT25X-10: 1.52 m at 6.40 g/t Au and 472 g/t Ag; ROT25X-12: 3.78 m at 1.66 g/t Au and 168 g/t Ag; and ROT25X-7: 0.77 m at 7.37 g/t Au and 689 g/t Ag. Santa Teresa Vein Expansionary drilling to the west of the historic Santa Teresa vein in the Western Block has returned encouraging results along strike, approximately 170 m east of historic mining. The vein projection remains open to the east for ~600 m (Figure 4). Select assay grades and true width vein intersections include: STE25X-20: 2.53 m at 9.65 g/t Au and 121 g/t Ag; STE25X-9: 3.38 m at 2.44 g/t Au and 120 g/t Ag; and STE25X-6: 1.01 m at 6.79 g/t Au and 463 g/t Ag. Coronado Vein The region north of the Santa Teresa vein, within the West Block, is a significant new gold and silver target on the property. The Coronado vein, which trends sub-parallel to the Santa Terea vein, is unexplored by modern methods and represents an important opportunity to identify new Mineral Resources in this area. Early drilling to test the Coronado target in 2025 intersected high-grade gold and silver mineralization and the trend remains open for approximately 1 kilometre to the west (Figure 5). The high-grade true width drill hole intersection includes: COR25X-2: 2.12 m at 2.59 g/t Au and 327 g/t Ag. Figure 2: Sinaloa and Elia Veins, Vertical Section. Looking North To view an enhanced version of this graphic, please visit: Figure 3: Roberta Vein, Vertical Section. Looking North To view an enhanced version of this graphic, please visit: Figure 4: Santa Teresa Vein, Vertical Section. Looking North To view an enhanced version of this graphic, please visit: Figure 5: Coronado Vein, Vertical Section. Looking North To view an enhanced version of this graphic, please visit: Table 2: Summary of Significant Gold and Silver Drill Hole Intercepts at San Dimas Drillhole Target Target Type Significant Intercept From(m) Length(m) True length(m) Au(g/t) Ag(g/t) Ag Eq(g/t) SIN24_135 Sinaloa-Elia Resource conversion 387.15 1.30 0.75 4.24 266 626 Include 1 Resource conversion 387.15 0.45 0.26 6.63 450 1014 Include 2 Resource conversion 388.15 0.30 0.17 8.22 474 1173 Sinaloa-Elia Resource conversion 396.10 1.40 0.75 9.94 546 1391 Include 1 Resource conversion 397.00 1.10 0.55 12.14 658 1689 SIN24_136 Sinaloa-Elia Resource conversion 386.60 0.95 0.70 1.04 129 217 SIN25_139 Sinaloa-Elia Resource addition 475.60 0.95 0.78 3.34 259 543 SIN25X-1 Sinaloa-Elia Resource conversion 193.90 1.35 0.95 5.35 302 757 Include 1 Resource conversion 194.45 0.80 0.57 5.95 328 833 SIN25X_3 Sinaloa-Elia Resource conversion 67.80 1.25 0.96 2.15 188 371 SIN25X-4 Sinaloa-Elia Resource addition 407.80 1.05 0.89 7.77 357 1017 SIN25X-5 Sinaloa-Elia Resource conversion 172.40 5.70 5.17 7.66 495 1146 Include 1 Resource conversion 172.95 0.35 0.32 11.75 973 1972 Include 2 Resource conversion 174.00 0.70 0.63 7.60 686 1332 Include 3 Resource conversion 176.35 1.75 1.59 13.07 762 1873 SIN25X-9 Sinaloa-Elia Resource conversion 462.95 3.00 2.12 8.38 282 994 Include 1 Resource conversion 462.95 2.40 1.70 9.53 325 1135 Vein Resource conversion 488.65 0.90 0.69 7.88 266 936 SIN25X-12 Sinaloa-Elia Resource conversion 369.10 0.85 0.77 4.10 182 531 SIN25X-13 Sinaloa-Elia Resource addition 507.60 1.40 0.80 8.39 504 1217 Include 1 Resource addition 508.20 0.80 0.46 11.42 646 1616 EL24_287 HW Vein Resource conversion 148.00 1.70 1.20 3.89 218 549 Include 1 Resource conversion 148.00 0.85 0.60 6.22 310 839 Sinaloa-Elia Resource conversion 244.55 0.95 0.82 11.08 874 1816 EL25_297 HW Vein Resource addition 139.30 1.15 1.00 3.12 118 383 ELI25X-1 Vein Resource addition 2.30 1.65 1.00 2.17 148 332 HW Vein Resource addition 173.60 2.20 1.75 4.38 226 598 Include 1 Resource addition 174.60 1.20 0.85 5.38 333 790 Sinaloa-Elia Resource addition 273.60 5.55 3.57 15.93 1112 2466 Include 1 Resource addition 273.60 1.65 1.06 11.32 823 1785 Include 2 Resource addition 276.00 0.40 0.26 27.50 2218 4555 Include 3 Resource addition 277.00 2.15 1.38 25.97 1727 3935 FW Vein Resource addition 288.05 1.55 1.05 3.34 238 522 FW Vein Resource addition 297.10 1.45 1.15 6.11 219 738 Include 1 Resource addition 297.90 0.65 0.52 6.40 292 836 ELI25X-2 Sinaloa-Elia Resource addition 406.75 1.15 0.74 6.51 575 1128 ELI25X-4 HW Vein Resource addition 160.75 0.80 0.70 3.55 183 485 ELI25X-17 HW Vein Resource addition 185.80 5.00 2.35 4.67 289 687 Include 1 Resource addition 185.80 3.60 1.69 5.71 361 846 Sinaloa-Elia Resource addition 312.10 1.30 1.06 23.70 578 2593 Include 1 Resource addition 312.10 0.70 0.57 42.50 994 4607 ELI25X-22 Sinaloa-Elia Resource addition 313.00 1.80 1.03 8.65 387 1122 Include 1 Resource addition 313.00 0.70 0.40 19.69 809 2482 ELI25X-23 Sinaloa-Elia Resource addition 395.60 1.00 0.82 7.87 892 1560 ELI25X-24 HW Vein Resource conversion 452.20 7.60 3.80 3.27 151 429 Include 1 Resource conversion 452.20 0.80 0.40 9.30 208 999 Sinaloa-Elia Resource conversion 469.20 2.75 1.67 4.77 321 726 Include 1 Resource conversion 470.90 1.05 0.64 6.18 440 965 STE25X-4 Santa Teresa Resource addition 78.80 1.00 0.87 1.57 107 240 Santa Teresa Resource addition 82.85 1.30 1.10 1.71 118 263 STE25X-5 Santa Teresa Resource conversion 227.45 1.60 1.31 3.90 66 397 STE25X-6 Santa Teresa Resource addition 96.95 1.50 1.01 6.79 463 1040 Include 1 Resource addition 96.95 0.70 0.49 13.10 867 1980 Santa Teresa Resource addition 100.05 1.25 0.88 1.59 106 241 STE25X-7 Santa Teresa Resource addition 172.75 1.05 0.74 1.83 217 373 STE25X-9 Santa Teresa Resource addition 268.00 3.90 3.38 2.44 120 327 Santa Teresa Resource addition 276.35 2.50 2.17 2.44 78 285 STE25X-10 Santa Teresa Resource conversion 161.10 1.35 1.17 2.43 67 274 STE25X-11 Santa Teresa Resource addition 279.55 3.90 2.24 2.83 6 247 STE25X-12 Santa Teresa Resource conversion 163.70 0.90 0.78 2.94 258 508 STE25X-14 Santa Teresa Resource conversion 198.65 1.65 1.43 1.97 170 338 STE25X-15 Santa Teresa Resource conversion 252.80 0.80 0.70 5.94 9 514 STE25X-20 Santa Teresa Resource conversion 209.70 2.35 1.73 3.59 42 347 Santa Teresa Resource conversion 220.10 4.15 2.53 9.65 121 941 Include 1 Resource conversion 221.25 3.00 1.85 12.00 160 1180 STE25X-21 Santa Teresa Resource conversion 172.00 0.95 0.73 3.40 433 722 STE25X-23 Santa Teresa Resource conversion 271.35 4.10 2.90 4.66 7 403 Include 1 Resource conversion 274.30 0.55 0.39 8.28 12 716 STE25X-25 Santa Teresa Resource conversion 167.35 2.95 1.90 2.81 159 399 ROT25X-2 HW Roberta Resource addition 248.65 1.20 0.77 1.43 107 229 ROT25X-5 Roberta Resource conversion 187.35 1.25 1.08 1.34 256 370 ROT25X-6 Roberta Resource addition 831.25 0.75 0.70 1.17 175 275 ROT25X-7 Roberta Resource addition 231.95 1.00 0.77 7.37 689 1316 ROT25X-9 Roberta Resource addition 228.95 1.60 1.03 1.61 129 266 ROT25X-10 Roberta Resource addition 218.75 1.80 1.52 6.40 472 1016 Include 1 Resource addition 218.75 0.90 0.76 9.68 693 1516 Roberta Resource addition 224.15 0.95 0.80 2.20 170 357 ROT25X-12 Roberta Resource addition 231.65 5.35 3.78 1.66 168 309 Include 1 Resource addition 236.30 0.70 0.49 4.78 489 895 COR25X-2 Carme Escobosa Resource addition 547.20 0.75 0.74 1.46 203 327 Coronado Resource addition 752.60 2.15 2.12 2.59 327 547 Include Resource addition 754.00 0.75 0.74 5.64 661 1140 COR25X-3 Carme Escobosa Resource addition 485.75 1.00 0.82 1.20 209 311 SJE25X-4 Convencion Resource addition 41.20 2.95 1.61 0.17 307 322 Jessica Resource addition 222.50 1.55 0.89 2.80 451 689 Include 1 Resource addition 222.50 1.25 0.72 3.09 509 772 SJE25X-5 Vein Resource addition 21.75 3.80 3.20 7.86 193 861 Include 1 Resource addition 22.70 2.15 1.81 11.95 253 1269 SJE25X-6 Convencion Resource addition 27.15 4.60 2.51 1.15 164 262 Jessica Resource addition 327.40 1.20 0.85 7.60 8 653 SRE25X-3 Santa Regina Resource addition 186.45 1.30 0.84 0.84 179 250 ROS24_055 HW Vein-Fault Resource addition 102.85 1.15 0.88 7.76 1013 1673 Include 1 Resource addition 102.85 0.40 0.31 18.05 2541 4075 Intermedia (Rosario) Resource addition 608.35 0.95 0.75 3.10 1092 1355 ROS25X-1A Intermedia (Rosario) Resource addition 276.00 2.05 1.45 3.20 196 468 Include 1 Resource addition 276.00 0.40 0.28 6.48 380 930 PE24_467 HW Perez Resource addition 545.45 1.80 1.33 0.01 283 284 Notes: All holes are Diamond Drill Core; AgEq grade = Ag grade (g/t) + [Au (g/t) * 85]. From and to length indicated in metres, true width of the intercept is calculated per drill hole and vein angles. See Appendix to this news release for details regarding drill hole locations, sample type, azimuth, dip and total depth. San Dimas: gold and silver drill hole significant intercepts were composited using the length weighted averages of uncapped sample assays, a 190 g/t AgEq minimum grade (cut-off grade, "COG"), and a minimum composite length of 0.7 m (true width). A maximum of 1 m below the minimum COG was allowed as internal dilution. Where necessary to achieve minimum length, a single sample below the COG but grading >100g/t AgEq was allowed to be composited for short intervals. Where present, single samples or intercepts with assay results higher than 700 g/t AgEq are highlighted as "Include" in each intercept. First Majestic's drill programs follow established Quality Assurance, Quality Control ("QA/QC") insertion protocols with standards, blanks, and duplicates introduced into the sample-stream. After geological logging, all drill core samples are cut in half. One half of the core is submitted to the laboratory for analysis and the remaining half core is retained on-site for verification and reference purposes or for future metallurgical testing. Core samples are submitted to First Majestic's Central laboratory ("Central laboratory") (ISO 9001:2015). At the Central laboratory, gold is analyzed by 30 g fire assay atomic absorption finish (AU-AA13). Results above 10 g/t are analyzed by 30 g fire assay gravimetric finish (ASAG-14). Silver is analyzed by 3-acid digestion atomic absorption finish (AAG-13). Results above 100 g/t are analyzed by 30 g fire assay gravimetric finish (ASAG-14, ASAG-13). For further information concerning QA/QC and data verification matters, key assumptions, parameters, and methods used by the Company to estimate Mineral Reserves and Mineral Resources, and for a detailed description of known legal, political, environmental, and other risks that could materially affect the Company's business and the potential development of Mineral Reserves and Mineral Resources, see the Company's most recently filed Annual Information Form available under the Company's SEDAR+ profile at and the Company's Annual Report on Form 40-F for the year ended December 31, 2024 filed with the United States Securities and Exchange Commission on EDGAR at QUALIFIED PERSONS Gonzalo Mercado, P. Geo., the Company's Vice-President of Exploration and Technical Services and a "Qualified Person" as defined under NI 43-101, has reviewed and approved the scientific and technical information contained in this news release. Mr. Mercado has verified the exploration data contained in this news release, including the sampling, analytical and test data underlying such information. ABOUT FIRST MAJESTIC First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, U.S.A. First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at at some of the lowest premiums available. For further information, contact info@ visit our website at or call our toll-free number 1.866.529.2807. FIRST MAJESTIC SILVER CORP. "signed" Keith Neumeyer, President & CEO Cautionary Note Regarding Forward Looking Statements This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward‐looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends. Assumptions may prove to be incorrect and actual results and future events may differ materially from those anticipated. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward‐looking statements". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. Cautionary Note to United States Investors The Company is a "foreign private issuer" as defined in Rule 3b-4 under the United States Securities Exchange Act of 1934, as amended, and is eligible to rely upon the Canada-U.S. Multi-Jurisdictional Disclosure System, and is therefore permitted to prepare the technical information contained herein in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the securities laws currently in effect in the United States. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards. Technical disclosure contained in this news release has not been prepared in accordance with the requirements of United States securities laws and uses terms that comply with reporting standards in Canada with certain estimates prepared in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning the issuer's material mineral projects. APPENDIX - DRILL HOLE DETAILS Table A1: Drill Hole Collar Location, Sample Type, Azimuth, Dip and Total Depth Drillhole East North Elev Azimuth Dip Depth (m) Type SIN24_135 399888 2666328 562 273 -5 441 Core SIN24_136 399889 2666328 562 276 -11 486 Core SIN25_139 399740 2666103 563 289 -6 513 Core SIN25X-1 399889 2666329 562 288 5 309 Core SIN25X-3 399888 2666329 562 285 6 264 Core SIN25X-4 399739 2666103 563 299 -7 582 Core SIN25X-5 399889 2666329 562 294 5 207 Core SIN25X-9 399740 2666102 563 293 -9 564 Core SIN25X-12 399740 2666104 563 316 -12 525 Core SIN25X-13 399740 2666103 563 289 -8 534 Core EL24_287 399856 2666587 450 79 -18 429 Core EL25_297 399856 2666587 450 81 -23 321 Core ELI25X-1 399854 2666587 451 70 -19 420 Core ELI25X-2 400317 2667087 550 172 -19 438 Core ELI25X-4 399855 2666587 450 75 -22 429 Core ELI25X-17 399855 2666587 450 66 -20 345 Core ELI25X-22 399855 2666587 450 63 -25 432 Core ELI25X-23 400317 2667086 550 169 -21 423 Core ELI25X-24 399855 2666588 450 64 -17 570 Core STE25X-4 397882 2667262 578 336 -6 114 Core STE25X-5 397881 2667260 578 287 -10 273 Core STE25X-6 397881 2667261 578 320 -6 180 Core STE25X-7 397882 2667260 578 296 13 237 Core STE25X-9 397881 2667260 577 283 -14 315 Core STE25X-10 397881 2667261 578 300 0 201 Core STE25X-11 397881 2667260 577 284 -22 330 Core STE25X-12 397881 2667260 578 300 -9 198 Core STE25X-14 397881 2667260 578 290 4 270 Core STE25X-15 397624 2667576 577 169 -24 351 Core STE25X-20 397881 2667260 577 284 -14 237 Core STE25X-21 397881 2667260 577 286 -13 291 Core STE25X-23 397881 2667260 577 284 -19 315 Core STE25X-25 397881 2667260 578 297 7 225 Core ROT25X-2 401987 2669157 431 354 29 321 Core ROT25X-5 401987 2669157 432 18 48 300 Core ROT25X-6 399596 2668348 559 352 12 1050 Core ROT25X-7 401988 2669157 431 36 25 291 Core ROT25X-9 401987 2669156 432 30 54 276 Core ROT25X-10 401987 2669156 432 5 58 279 Core ROT25X-12 401987 2669156 432 36 44 321 Core COR25X-2 397700 2667560 579 339 20 882 Core COR25X-3 397700 2667558 578 321 17 522 Core SJE25X-4 401290 2671294 940 341 -24 408 Core SJE25X-5 401286 2671292 941 330 30 228 Core SJE25X-6 401291 2671294 940 16 -28 459 Core SRE25X-3 399547 2670734 853 179 10 639 Core ROS24_055 399812 2665307 951 147 -5 663 Core ROS25X-1A 399812 2665307 951 158 -34 600 Core PE24_467 400748 2671795 807 342 -12 1050 Core Notes: San Dimas: All drill hole collar coordinates are determined using total station equipment after hole completion with UTM WGS84, Zone 13 (metres) as the reference system. 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6 days ago
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First Majestic Announces Record Financial Results for Q2 2025 and Quarterly Dividend Payment
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's unaudited condensed interim consolidated financial results for the second quarter ended June 30, 2025. The full version of the financial statements and the accompanying management's discussion and analysis can be viewed on the Company's website at or on SEDAR+ at and on EDGAR at All amounts are in U.S. dollars unless stated otherwise. SECOND QUARTER HIGHLIGHTS Robust Silver Equivalent Production (+48% Y/Y): The Company produced 7.9 million silver equivalent ("AgEq") ounces, including 3.7 million silver ounces, in Q2 2025 representing a 48% increase compared to 5.3 million silver equivalent ounces produced in Q2 2024. Record Quarterly Revenue (+94% Y/Y): For a second consecutive quarter, the Company achieved a quarterly revenue record of $264.2 million (54% from silver sales), representing a 94% increase compared to $136.2 million in the second quarter of 2024. This was primarily attributed to a 42% increase in AgEq payable ounces sold and a 24% rise in the average realized silver price which reached $34.62 per AgEq ounce during the quarter. Higher Mine Operating Earnings (+$33.9 million Y/Y): The Company achieved quarterly mine operating earnings of $49.4 million, representing a significant increase compared to $15.5 million in Q2 2024. Excluding non-cash depletion expense, the Company generated mine operating earnings of $100.9 million. Record Earnings Before Income Tax, Depreciation and Amortization ("EBITDA") (+$98.7 million Y/Y): EBITDA for the quarter was a record $119.9 million, representing a significant increase compared to $21.2 million in the second quarter of 2024. Net Earnings (+$104.8 million Y/Y): Net earnings for the quarter were $56.6 million (EPS of $0.11) compared to a net loss of $48.3 million (EPS of ($0.17)) in the second quarter of 2024. The increase in net earnings was primarily driven by higher mine operating earnings and benefitted from a non-cash deferred income tax recovery of $39.6 million (EPS of $0.08), compared to a non-cash deferred income tax expense of $22.6 million (EPS of ($0.08)) in the second quarter of 2024, and was partially offset by a higher non-cash depletion and depreciation expense. Additionally, the Company, as expected, incurred higher general and administrative costs related to the integration of the Los Gatos Silver Mine. The Company expects to realize significant synergies and cost reductions after the integration of Los Gatos is complete. Adjusted Net Earnings (+$38.8 million Y/Y): Adjusted net earnings, excluding non-cash or non-recurring items such as deferred income tax, share-based payments, abnormal costs, and unrealized gains/losses on marketable securities, were $18.4 million (adjusted EPS of $0.04), representing a significant increase compared to the adjusted net loss of $20.4 million (adjusted EPS of ($0.07)) in the second quarter of 2024. Cash Flow from Operations (+$91.1 million Y/Y): Operating cash flow before changes in working capital and taxes in the quarter was a record $114.9 million or $0.24 per share, representing a significant increase compared to $23.8 million or $0.08 per share in the second quarter of 2024. Record Free Cash Flow (+$71.4 million Y/Y): The Company generated a quarterly record of $77.9 million in free cash flow in the second quarter after making a $30.6 million income tax true-up payment related to 2024 taxes, compared to $6.4 million in free cash flow in the second quarter of 2024. A portion of this free cash flow is being reinvested into growth capital, primarily focused on exploration and development projects, to enhance confidence in resource estimates and extend the life-of-mine across the operations. Record Cash Position: During the quarter, the Company increased its treasury position to a record total of $510.1 million, consisting of $384.8 million in cash and cash equivalents and $125.3 million in restricted cash. Liquidity also reached a record $583.8 million, consisting of $444.1 million of working capital and $139.6 million of undrawn revolving credit facility, excluding $125.3 million held in restricted cash. Cash Costs (-1% Y/Y): Consolidated cash costs of $15.08 per AgEq ounce for the quarter were a slight improvement when compared with $15.29 per AgEq ounce in the second quarter of 2024. All-In Sustaining Cost ("AISC") (-3% Y/Y): Consolidated AISC in the quarter was $21.02 per AgEq ounce, representing a 3% decrease from $21.64 per AgEq ounce in the second quarter of 2024. Continued success at First Mint (+$4.5 million Y/Y): First Mint, LLC, the Company's 100%-owned minting facility, generated quarterly sales of $7.8 million compared to $3.3 million in the second quarter of 2024. Held Inventory: The Company held 424,272 silver ounces in finished goods inventory as at June 30, 2025, inclusive of coins and bullion. The fair value of this inventory at June 30, 2025 was $15.3 million, which was not included in revenue during the second quarter. Sustainability Recognition: As of July 2025, ISS ESG upgraded First Majestic to Prime ESG investment status, recognizing the Company's strong sustainability performance. Additionally, First Majestic scored 44/100 in the latest S&P Global Corporate Sustainability Assessment, ranking in the top 26% of companies in the metals and mining industry. Purchased Common Shares: The Company purchased and cancelled an aggregate of 506,000 common shares at an average price of CAD$7.94 per share through the facilities of the TSX pursuant to its normal course issuer bid during the second quarter of 2025. Second Quarter Dividend: The Company declared a cash dividend of $0.0048 per common share for the second quarter of 2025 for shareholders of record as of the close of business on August 29, 2025, to be paid out on or about September 15, 2025. OPERATIONAL AND FINANCIAL HIGHLIGHTS Operational(1) Ore Processed / Tonnes Milled 1,003,804 944,373 6% 674,570 49%Silver Ounces Produced 3,701,995 3,704,503 0% 2,104,181 76%Gold Ounces Produced 33,865 36,469 (7%) 39,339 (14%)Silver Equivalent Ounces Produced 7,852,311 7,711,709 2% 5,289,439 48%Cash Costs per Silver Equivalent Ounce(2) $ 15.08$ 13.68 10%$ 15.29 (1%)All-in Sustaining Cost per Silver Equivalent Ounce(2) $ 21.02$ 19.24 9%$ 21.64 (3%)Total Production Cost per Tonne(2) $ 104.45$ 97.71 7%$ 113.16 (8%)Average Realized Silver Price per Silver Equivalent Ounce(2) $ 34.62$ 32.50 7%$ 27.81 24% Financial (in $millions) Revenues $ 264.2$ 243.9 8%$ 136.2 94%Mine Operating Earnings $ 49.4$ 63.8 (23%)$ 15.5 NMNet Earnings (Loss) $ 56.6$ 6.2 NM ($48.3 )NMOperating Cash Flows before Non-Cash Working Capital and Taxes $ 114.9$ 110.0 4%$ 23.8 NMCapital Expenditures $ 56.0$ 36.1 55%$ 28.3 98%Cash and Cash Equivalents $ 384.8$ 351.3 10%$ 152.2 153%Restricted Cash $ 125.3$ 106.1 18%$ 117.5 7%Working Capital(2) $ 444.1$ 404.8 10%$ 229.9 93%EBITDA(2) $ 119.9$ 98.8 21%$ 21.2 NMAdjusted EBITDA(2) $ 125.3$ 109.7 14%$ 26.4 NMFree Cash Flow(2) $ 77.9$ 43.5 79%$ 6.4 NM Shareholders Earnings (Loss) per Share ("EPS") - Basic $ 0.11$ 0.01 NM ($0.17 )165%Adjusted EPS(1) $ 0.04$ 0.05 (20%) ($0.07 )157%NM - Not meaningful Operational metrics calculated in the table above are reported on an attributable basis to account for the 70% ownership of the Los Gatos Silver Mine. The Company reports certain non-GAAP measures which include cash costs per AgEq ounce produced, cash costs per Au ounce produced, AISC per AgEq ounce produced, all-in sustaining cost per Au ounce produced, total production cost per tonne, average realized silver price per AgEq ounce sold, average realized Au price per ounce sold, working capital, adjusted EPS, EBITDA, adjusted EBITDA, and free cash flow. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning under the Company's financial reporting framework and the methods used by the Company to calculate such measures may differ from methods used by other companies with similar descriptions. See "Non-GAAP Measures" at the end of this news release for further details of these measures. SECOND QUARTER FINANCIAL RESULTS The Company generated record quarterly revenue of $264.2 million in the second quarter of 2025, with 54% derived from silver sales, representing a 94% increase compared to $136.2 million of revenue generated in the same period in the prior year. This was primarily attributable to a 42% increase in payable AgEq ounces sold, mainly driven by: the addition of the Los Gatos Silver Mine to the Company's portfolio of operating mines, which contributed $103.1 million in revenue; a notable 17% production increase at San Dimas, which contributed $65.1 million in revenue; and continued strong performance at Santa Elena, which contributed $74.5 million in revenue. Further, the average realized silver price increased by 24% during the quarter to $34.62 per ounce compared to the second quarter of 2024. For the second consecutive quarter, the Company reported a record-high treasury balance of $510.1 million, despite making a $30.6 million tax installment payment and the 2024 annual bonus payments, consisting of $384.8 million in cash and cash equivalents and $125.3 million in restricted cash. This represents an increase of 65% compared to a total treasury balance of $308.3 million at December 31, 2024 (consisting of $202.2 million in cash and cash equivalents and $106.1 million in restricted cash). Additionally, working capital reached a record high of $444.1 million, representing a 98% increase compared to $224.5 million in working capital at December 31, 2024. The Company achieved mine operating earnings of $49.4 million, representing a significant increase of $33.9 million compared to mine operating earnings of $15.5 million in the second quarter of 2024. The increase was mainly driven by the addition of the Los Gatos Silver Mine, which contributed $20.6 million in mine operating earnings during the quarter. Additionally, the improvement in performance at San Dimas and La Encantada increased mine operating earnings by $6.7 million and $4.4 million, respectively, compared to the second quarter of 2024. These increases in mine operating earnings were partially offset by higher contractor and energy costs at San Dimas that supported improvements in production. Additionally, maintenance costs were higher as a result of weather-related power outages at San Dimas, La Encantada and Los Gatos in late June. Mine operating earnings were further impacted by a higher non-cash depletion expense, primarily driven by the addition of Los Gatos and increased overall production. Operating cash flow before changes in working capital and taxes in the quarter was a record $114.9 million, representing a significant increase compared to $23.8 million in the second quarter of 2024. This was primarily driven by the $76.0 million increase in mine operating earnings, excluding depletion, depreciation and amortization, compared to the second quarter of 2024. EBITDA for the quarter was a record $119.9 million, representing a significant increase compared to $21.2 million in the second quarter of 2024. The increase in EBITDA was primarily attributable to the increase in mine operating earnings. Adjusted EBITDA normalized for non-cash or non-recurring items such as share-based payments, abnormal costs, and unrealized gains on marketable securities for the quarter was $125.3 million, representing a significant increase compared to $26.4 million in the second quarter of 2024. Net earnings for the quarter were $56.6 million (EPS of $0.11) representing a significant increase compared to a net loss of $48.3 million (EPS of ($0.17)) in the second quarter of 2024. The increase in net earnings was primarily attributed to higher mine operating earnings compared to the second quarter of 2024. This was partially offset by a non-cash depletion and depreciation expense of $73.7 million (EPS of ($0.15)), compared to $31.6 million (EPS of ($0.11)) in the second quarter of 2024 driven by higher production and the addition of Los Gatos, and a non-cash deferred income tax recovery of $39.6 million (EPS of $0.08), compared to a non-cash deferred income tax expense of $22.6 million (EPS ($0.08)) in the second quarter of 2024. Additionally, the Company incurred higher general and administrative costs related to the integration of the Los Gatos Silver Mine, including costs associated with insurance, travel, legal fees, system implementation and consulting services. The Company expects to realize significant synergies and cost reductions after the integration of Los Gatos is complete. Adjusted net earnings normalized for non-cash or non-recurring items such as share-based payments, unrealized losses on marketable securities, acquisition costs and deferred income tax for the quarter ended June 30, 2025 was $18.4 million (adjusted EPS of $0.04), representing a significant increase compared to the adjusted net loss of $20.4 million (adjusted EPS of ($0.07)) in the second quarter of 2024. SECOND QUARTER OPERATIONAL RESULTS The table below represents the quarterly operating and cost performance results at each of the Company's four producing mines during the quarter. Second Quarter Production Summary Los Gatos(1) Santa Elena San Dimas La Encantada Consolidated Ore Processed / Tonnes Milled 233,480 269,830 219,198 281,296 1,003,804 Silver Ounces Produced 1,524,949 306,224 1,242,717 628,105 3,701,995 Gold Ounces Produced 706 20,637 12,472 49 33,865 Silver Equivalent Ounces Produced(2) 2,436,722(3) 2,318,618 2,464,029 632,942 7,852,311 Cash Costs per Silver Equivalent Ounce $12.44 $13.57 $15.66 $27.19 $15.08 AISC per Silver Equivalent Ounce $13.70 $18.58 $20.10 $31.94 $21.02 Total Production Cost per Tonne $91.65 $107.02 $173.88 $58.53 $104.45 All production and non-GAAP results shown in the table above are reported on an attributable basis to account for the Company's 70% ownership of the Los Gatos Silver Mine through its joint venture ownership of the mine. The metal prices that were used to calculate the silver equivalent ounces were, silver: $33.46/oz, gold: $3,270.57/oz, lead: $0.88/lb., zinc: $1.20/lb. Attributable silver equivalent ounces for Los Gatos includes 16,063,947 lbs. zinc and 9,014,545 lbs. lead (70%). The Company produced 7.9 million attributable AgEq ounces in Q2 2025 representing a 48% increase compared to 5.3 million AgEq ounces produced in Q2 2024. Furthermore, the Company reported strong quarterly silver production of 3.7 million silver ounces representing a 76% increase compared to 2.1 million silver ounces produced in Q2 2024. Total silver production in the quarter included 1.5 million ounces of attributable silver production from Los Gatos as well as a 9% increase at San Dimas compared to Q2 2024 primarily due to operational improvements. Consolidated cash cost per attributable payable AgEq ounce for the quarter was $15.08, representing a slight improvement when compared with $15.29 per ounce in the second quarter of 2024. The decrease in cash costs per AgEq ounce was primarily due to a 48% increase in AgEq ounces produced, driven by the attributable production increase of 2.4 million AgEq ounces from Los Gatos, along with a 17% increase in AgEq production at San Dimas as a result of operational efficiencies and increased plant throughput rates. The decrease was partially offset by higher contractor and energy costs at San Dimas that helped improve and support production, as well as higher maintenance costs as a result of weather-related power outages at San Dimas, La Encantada and Los Gatos in late June. AISC per attributable payable AgEq ounce in the second quarter of 2025 was $21.02, representing a 3% decrease compared to $21.64 per ounce in the second quarter of 2024. This was primarily attributable to the decrease in cash costs, partially offset by an increase in profit sharing per AgEq ounce relating to the prior year, which was paid in the quarter. Q2 2025 DIVIDEND ANNOUNCEMENT The Company is pleased to announce that its Board of Directors has declared a cash dividend in the amount of $0.0048 per common share for the second quarter of 2025. The dividend will be paid to holders of record of First Majestic's common shares as of the close of business on August 29, 2025, and will be paid out on or about September 15, 2025. Under the Company's dividend policy, the quarterly dividend per common share is targeted to equal approximately 1% of the Company's net quarterly revenues divided by the Company's then outstanding common shares. Note: In the case of net revenues generated from the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), 70% of the net revenue from such mine, being the revenue that is attributable to the Company, is used for the purposes of the Company's quarterly dividend calculation. The amount and distribution dates of future dividends remain at the discretion of the Board of Directors. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes. Dividends paid to shareholders outside Canada (non-resident investors) may be subject to Canadian non-resident withholding taxes. CONFERENCE CALL DETAILS The Company will host a conference call and webcast on Thursday, August 14, 2025, at 8:30 a.m. (PT) / 11:30 a.m. (ET) to provide investors and analysts with a business update, and to discuss its second quarter production and earnings results and updated 2025 guidance. To participate in the conference call, please use the following dial-in numbers: Canada & USA Toll-Free: +1-833-752-3407 Outside of Canada & USA: +1-647-846-2866 Toll-Free Germany: +49-69-1741-5718 Toll-Free UK: +44-20-3795-9972 Participants should dial-in at least 15 minutes prior to the start of the call to ensure placement in the conference on time. The live webcast link of the call will be accessible directly at this link, Q2 2025 Results Conference Call, as well as on the First Majestic home page at through the "August 14, 2025 Webcast Link". A webcast archive will be available approximately one hour after the end of the event and will be accessible for three months through the same link as the live event. A recording of the conference call will be available for telephone replay approximately one hour after the end of the event by calling: USA & Canada Toll-Free: +1-855-669-9658 Outside of Canada & US: +1-412-317-88 Access Code: 1902689 The telephone replay will be available for seven days following the end of the event. ABOUT FIRST MAJESTIC First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, U.S.A. First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at at some of the lowest premiums available. For further information, contact info@ visit our website at or call our toll free number 1.866.529.2807. FIRST MAJESTIC SILVER CORP. "signed" Keith Neumeyer, President & CEO Non-GAAP Financial Measures This news release includes reference to certain financial measures which are not standardized measures under the Company's financial reporting framework. These measures include cash costs per silver equivalent ounce produced, all-in sustaining cost (or "AISC") per silver equivalent ounce produced, cash costs per gold ounce produced, AISC per gold ounce produced, total production cost per tonne, average realized silver price per ounce sold, average realized gold price per ounce sold, working capital, adjusted net earnings and EPS, EBITDA, adjusted EBITDA, and free cash flow. The Company believes that these measures, together with measures determined in accordance with IFRS, provide investors with an improved ability to evaluate the underlying performance of the Company. These measures are widely used in the mining industry as a benchmark for performance but do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures disclosed by other companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. For a complete description of how the Company calculates such measures and a reconciliation of certain measures to GAAP terms please see "Non-GAAP Measures" in the Company's most recent management discussion and analysis filed on SEDAR+ at and EDGAR at Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the timing for the Company's dividend payment for the second quarter of 2025 and the shareholder record and payable dates in connection with such dividend payment; and anticipated future results. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. All statements other than statements of historical fact may be forward-looking statements. Statements concerning proven and probable mineral reserves and mineral resource estimates may also be deemed to constitute forward- looking statements to the extent that they involve estimates of the mineralization that will be encountered as and if the property is developed, and in the case of measured and indicated mineral resources or proven and probable mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward-looking statements". Actual results may vary from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: the duration and effects of the coronavirus and COVID-19, and any other pandemics on our operations and workforce, and the effects on global economies and society; general economic conditions including inflation risks; actual results of exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; commodity prices; variations in ore reserves, grade or recovery rates; actual performance of plant, equipment or processes relative to specifications and expectations; accidents; labour relations; relations with local communities; changes in national or local governments; changes in applicable legislation or application thereof; delays in obtaining approvals or financing or in the completion of development or construction activities; exchange rate fluctuations; requirements for additional capital; government regulation; environmental risks; reclamation expenses; outcomes of pending litigation; limitations on insurance coverage as well as those factors discussed in the section entitled "Description of the Business - Risk Factors" in the Company's most recent Annual Information Form for the year ended December 31, 2024 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at and in the Company's Annual Report on Form 40-F for the year ended December 31, 2024 filed with the United States Securities and Exchange Commission on EDGAR at Although First Majestic has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company believes that the expectations reflected in these forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
07-08-2025
- Business
- Yahoo
First Majestic Second Quarter 2025 Results Conference Call Details
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") will host a conference call and webcast on Thursday, August 14, 2025, at 8:30 a.m. (PT) / 11:30 a.m. (ET) to discuss its second quarter production and earnings results and updated 2025 guidance. Please note this is 30 minutes later than previously announced. The Company's second quarter results will be announced before markets open on Thursday, August 14, 2025, and will be available at To participate in the conference call, please use the following dial-in numbers: Canada & USA Toll-Free: +1-833-752-3407 Outside of Canada & USA: +1-647-846-2866 Toll-Free Germany: +49-69-1741-5718 Toll-Free UK: +44-20-3795-9972 Participants should dial-in at least 15 minutes prior to the start of the call to ensure placement in the conference on time. The live webcast link of the call will be accessible prior to the start of the call directly at this link, Q2 2025 Results Conference Call, as well as on the First Majestic home page at through the "August 14, 2025 Webcast Link". A webcast archive will be available approximately one hour after the end of the event and will be accessible for three months through the same link as the live event. A recording of the conference call will be available for telephone replay approximately one hour after the end of the event by calling: USA & Canada Toll-Free: +1-855-669-9658 Outside of Canada & US: +1-412-317-0088 Access Code: 1902689 The telephone replay will be available for seven days following the end of the event. ABOUT FIRST MAJESTIC First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, U.S.A. First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at at some of the lowest premiums available. For further information, contact info@ visit our website at or call our toll free number 1.866.529.2807. FIRST MAJESTIC SILVER CORP. "signed" Keith Neumeyer, President & CEO Cautionary Note Regarding Forward-Looking StatementsThis news release contains 'forward‐looking information' and 'forward-looking statements' under applicable Canadian and U.S. securities laws (collectively, 'forward‐looking statements') that relate to future Company events. Any statements in this news release that express or involve discussions with respect to expectations, beliefs or future events (often, but not always, using words or phrases such as 'expect', 'may', 'will', 'forecast', 'might', 'should', 'believe' and similar expressions) are not statements of historical fact and may be 'forward‐looking statements'. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the date and time of the Company's conference call and webcast to discuss its second quarter production and earnings results and updated 2025 guidance; the timing for the Company's announcement of its second quarter results; the availability of a live webcast of the conference call; the availability of an archived version of the webcast and the duration to access such archived version; and the availability of a recording of the conference call for telephone replay and the duration to access such recording. All statements other than statements of historical fact may be forward‐looking statements. Any forward-looking statements in this news release speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. To view the source version of this press release, please visit
CNBC
09-07-2025
- Business
- CNBC
Cramer's Lightning Round: No to Ouster
Insmed: "...That one is very speculative. It has lost a huge amount of money, so it's very hard for me to get a handle on it." Ouster: "I don't think that there's anything investible in, honestly, in autonomous, other than Tesla...I'm going to say no, too speculative." First Majestic Silver: "I like silver. First Majestic, not familiar with. The one that I've always recommended is Pan American because it's been profitable for a very long time." Tempus AI: "Another company that's just losing money hand over fist. I just can't go there." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest
