AG
Basic MaterialsFirst Majestic Silver Corp. · Silver · $8B
What is First Majestic Silver Corp.?
First Majestic Silver Corp. is a North American precious metals producer focused primarily on silver and gold mining across Mexico, the United States, and Canada.
First Majestic acquires, explores, develops, and operates silver and gold mines. Revenue comes from selling mined silver and gold production. Its portfolio spans multiple operating mines in Mexico — including San Dimas, Santa Elena, and La Encantada — plus the Jerritt Canyon gold mine in Nevada and development-stage assets in Ontario.
The company adopted its current name in November 2006 and is headquartered in Vancouver, Canada.
- Silver and gold production from operating mines
- Mine development and exploration across North America
- Precious metals streaming and direct sales
Is AG a Good Stock to Buy?
UQS Score rates AG as Good overall, reflecting a mixed but constructive fundamental profile.
The Growth and Risk pillars both register as Strong, suggesting the business is expanding its output while managing operational and financial risks relatively well versus sector peers. Valuation also reads as Good, meaning the market price does not appear stretched by UQS criteria.
The Moat pillar is Weak — a common challenge for commodity producers who compete largely on cost and geography rather than durable pricing power.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does AG pay dividends?
Yes — First Majestic Silver Corp. pays a dividend.
First Majestic pays a regular dividend, which is relatively uncommon among mid-tier silver miners. The dividend reflects management's willingness to return capital even within a cyclical commodity business, though payouts in this sector typically fluctuate with metal prices and free cash flow.
When does AG report earnings?
First Majestic Silver reports earnings on a quarterly cadence, consistent with other North American-listed mining companies.
Results tend to move with silver and gold price realizations, production volumes, and all-in sustaining costs at each mine. Investors watch output guidance and cost trends closely each quarter.
For the most recent quarter's results, visit First Majestic Silver's investor relations page directly.
AG Price History
+26.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in First Majestic Silver Corp.?
Based on First Majestic Silver Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does First Majestic Silver do?
First Majestic Silver acquires, explores, and operates silver and gold mines across Mexico, Nevada, and Canada. The company sells its mined production directly into precious metals markets, making revenue highly sensitive to silver and gold spot prices.
Does AG pay dividends?
Yes, First Majestic Silver pays a regular dividend. The amount can vary with commodity prices and cash flow, so investors should review the company's investor relations page for the current dividend policy and payment schedule.
When does AG report earnings?
AG reports on a quarterly basis. Exact dates are not available through our data source — check First Majestic Silver's investor relations page for the current earnings calendar.
Is AG a good stock to buy?
UQS Score rates AG as Good overall, with particularly Strong readings in Growth and Risk. However, the Moat pillar is Weak, which is typical for commodity miners. Whether it fits your portfolio depends on your view of silver prices and risk tolerance. See the full breakdown on UQS Score.
Is AG overvalued?
The UQS Valuation pillar for AG reads as Good, suggesting the stock is not obviously overpriced relative to UQS criteria. Precious metals valuations shift quickly with spot prices, so monitoring both fundamentals and metal markets matters.
What is AG's market cap bracket?
First Majestic Silver is classified as a large-cap company, placing it among the larger publicly traded silver mining companies in North America.
Is AG a long-term quality investment?
From a long-term quality standpoint, AG's Strong Growth and Risk pillars are encouraging, but the Weak Moat reflects limited pricing power inherent to commodity producers. Long-term holders typically rely on sustained silver demand and operational efficiency rather than competitive differentiation.
What sector does AG belong to?
First Majestic Silver operates in the Basic Materials sector, specifically within precious metals mining. The sector is cyclical, with performance closely tied to global silver and gold prices, currency movements, and mining cost inflation.
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Pro Analysis
AG — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| Jul 26, 2026 | 62.7 | 58.0 | 20.0 | 85.0 | 97.5 | 77.2 | +0.2 |
| Jul 25, 2026 | 62.5 | 58.0 | 20.0 | 85.0 | 97.5 | 75.9 | +0.1 |
| Jul 24, 2026 | 62.4 | 57.9 | 20.0 | 85.0 | 97.5 | 75.6 | +0.4 |
| Jul 23, 2026 | 62.0 | 57.3 | 20.0 | 85.0 | 97.5 | 73.8 | -0.2 |
| Jul 22, 2026 | 62.2 | 57.6 | 20.0 | 85.0 | 97.5 | 74.7 | -0.5 |
| Jul 21, 2026 | 62.7 | 58.3 | 20.0 | 85.0 | 97.5 | 76.8 | 0.0 |
| Jul 18, 2026 | 62.7 | 58.3 | 20.0 | 85.0 | 97.5 | 76.9 | 0.0 |
| Jul 17, 2026 | 62.7 | 58.3 | 20.0 | 85.0 | 97.5 | 76.7 | +0.3 |
| Jul 16, 2026 | 62.4 | 57.6 | 20.0 | 85.0 | 97.5 | 75.8 | +0.1 |
| Jul 15, 2026 | 62.3 | 57.5 | 20.0 | 85.0 | 97.5 | 75.5 | -0.3 |
AG — Pillar Breakdown
Quality
— 58.0/100 (25%)First Majestic Silver Corp. shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 85.0/100 (20%)First Majestic Silver Corp. is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 97.5/100 (15%)First Majestic Silver Corp. carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 78.2/100 (15%)First Majestic Silver Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 20/100 (25%)First Majestic Silver Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for AG.
Score Composition
Financial Data
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How is the AG UQS Score Calculated?
The UQS (Unified Quality Score) for First Majestic Silver Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses First Majestic Silver Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether First Majestic Silver Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.